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Friday, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy
The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG to the Continent still pays decently at around USD 20k while the Fhauls are fetching low 20k´s. Pacific market remained flat with reasonable activity from Indonesia and Nopac. For Indo-India rounds, a large supra can get USD 8,500 + 160,000 BB. For nopac, a vessel open Japan is being fixed at USD 8k. Iron ore activity remained quiet in India with no cargoes seen from WCI due to monsoons and rates around USD 9,000 and for eci-China, rates are around USD 6,000. RBCT rounds fixed at APS USD 10k + BB 350,000. Short period activity was limited and rates were around USD 10,500 for large eco supra.
Panamax
We have experienced a very slow week with little activity reported. On Tuesday we saw more cargoes in the Pacific market, however this did not influence the rates. The market has slowly been sliding downwards in both hemispheres. In the Atlantic market, the Baltic rounds are being fixed at around USD 9k while a regular Tarv is fetching same levels. For Fhauls with APS ECSA delivery ships are being fixed in the region of USD 15-16k level with a ballast bonus at around USD 550,000. The period market has not been very active lately but charterers are out there looking for index linked deals. A 12 to 16 month deal was however concluded this week at USD 10,000 daily. The drought in the US has had its effect on the crops and there are now rumors of 15 forward grain cargoes being cancelled due to bad harvesting.
Capesize
Its been a quiet week with dropping rates in both the Pacific and the Atlantic. West Australia round is presently at USD 6.70 pmt whilst Tubaroa/ Qingdao remains unchanged from the previous week, ie. in the high 17s. Short period market remaining inactive with just a handful of fixtures around USD 10,000/day for short period. Takers are expecting an improvement in Q4, although it appears unlikely now with lack of coal and dropping iron ore and huge stock piles in china - in adition to the supply of new ships.
Source: FEARNLEYS AS
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Friday, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
Thursday, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
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- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
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