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Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy
The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf direction, while US Gulf deliveries fetched USD 16600 for Continent redel. Fronthauls paid USD 14000 ex Continent, and USD 14800 from Canakkale. The Pacific market remained firm with more nickel ore cargoes seen before Indonesian ban. Indo-India was bit quite but rates around USD 12000 basis South China. Nickle rounds fixed at USD 17k basis aps Indonesia. RBCTIndia fixed in low 20s on voyage. Red Sea-India fertilizer cargoes fixed at high teens. Short period rates fixed at USD 12k.
Panamax
A firmer tendency in both hemispheres, mainly driven by increased activity from ECSA grains. Fresh coal requirements from USG and Indonesia are adding fuel to the optimism for both ballasters and prompt positions. North Atlantic is tight for tonnage where Charterers now pay 10-11k to cover short rounds and 19-20k for trips out. The Pacific market is also gaining strength, to hover around 10k for NOPAC and 14k for India to China. Ballasters targeting ECSA grains are able to achieve above 12k passing Singapore. A more active period market with short period levels done above 11k/day and one-year at mid/upper 10. The forward curve following the trend but with less pace.
Capesize
Sentiment is again negative as spot volumes not by far living up to hopes/ expectations. With plenty of coal stored in Continent ports, transatlantic trades are at a low and operators fall over each other at rock-bottom levels to keep their units within this geographical area. Consequent Colombian and US coal stems redirected to Asian destinations are not sufficient to maintain fronthaul levels, with a resultant marginal drop in the Tubarao/Qingdao trade to around USD 21 pmt. Far East volumes are similarly unimpressive, with WAust/China levels coming down again to around USD 7.75 pmt - equivalent to far below OPEX. Paper levels give little support for period fixing - and the majority of Capes done for 12 months recently seems to have been at discounted levels from distressed Far Eastern players.
Source: Fearnleys AS
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Thursday, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...
Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...
Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...
Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...
Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...
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- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Economic Council, Georgia
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