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Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy
The market continued the same trend as last week, low activity and holidays in some countries.
Rate wise unchanged, with US Gulf/Continent at around USD 11k and Continent/US Gulf tick below USD 5k. Fronthauls ex N.Continent fixed close to USD 20k, while E.Med del around USD 18k.The Pacific market remained quiet due to on-going holidays in Indonesia. For Indo-India, large eco Supra now fixed at USD 6k for dely south China. Nopac also fixed bss APS at USD 7k + BB USD 300k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 8k and ECI-China around USD 5k. RBCT rv fixed at APS USD 8k + BB USD 200k. Red Sea fertilizers to India are fixed high teens. Not much activity seen on short period and rates around USD 9k for large Supra.
Panamax
Another week with a slow and dull sentiment in both hemispheres. However we see some small signs of positiveness with several shorter periods being concluded. The levels are still very low and hovering around USD 7500-8500 for a 4/6 mos period with FEast delivery. The Atlantic market has suffered this week on lack of fresh cargoes and vessels are fixing in region of USD 8000/8500. A limited number of ships wanting to go FEast direction have pushed the fronthaul rates up to a decent USD 16,500 level. In the Pacific we see even lower levels with vessels being fixed in region of USD 7/7.5k. It was concluded a 24/30 mos fixture this week at USD 11k (delivery USG), not much movement in the FFA market giving support for more period deals. Not much hope for a Q4 rally as many cargos have even been cancelled due to the draught in the Americas.
Capesize
The overall situation remains unchanged with a good number of ships at anchor/drifting/ballasting and still a lack of cargoes. This week we have however seen improved number of coal cargoes x Colombia - resulting in some of the ships that have been idling in the Atlantic for some time being fixed, but rates remaining more or less the same. In the Pacific, cargoes out of west Australia remaining steady and there was an improvement in freight rates for this route towards the end of the week. Short period market is more or less the same, high 7000 to 8000 dly.
Source: FEARNLEYS AS
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Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
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- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
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- White Energy Company Limited
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- Australian Coal Association
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- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
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- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
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- Manunggal Multi Energi - Indonesia
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- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Tata Chemicals Ltd - India
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- Globalindo Alam Lestari - Indonesia
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- Parliament of New Zealand
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- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
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- McConnell Dowell - Australia
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- Sojitz Corporation - Japan
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