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Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy
The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for trips to US Gulf, and USD 17500-ish for east redel. The US Gulf market kept more stable and fixed in line with last week, at low USD 11k towards Continent. Pacific market remained quiet due to lot of ships available. For Indo-India, large eco Supra now fixed at USD 7k for delivery Singapore. Nopac also fixed bss APS at USD 7k + BB USD 250k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 7k and ECI-China around USD 5k. RBCT rv fixed at APS USD 7k + BB USD 250k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 9k for large Supra.
Panamax
Bank holiday in London on Monday did not help the already bearish sentiment in the Panamax market. It was an extremely quiet start to the week and rates are continuing to slip in both hemispheres. We see the commodity imports to China slowing further and experienced several cargos failing subjects due to not closing the sale itself. Mid week we see some more cgos in the Atlantic but the number of vessels are still outnumbering the cargos. Tarvs are being fixed in region of USD 5k while Fhauls are being fixed at around USD 15/16k with Cont delivery. In the Pacific rounds are being fixed at ard the same levels as in the Atlantic ie 5k. The period market is non excisting with levels that can be achieved are too low for owners to even consider.
Capesize
A w-o-w improvement in daily earnings of more than 20% would under normal circumstances be remarkable, but when basis is around USD 2700 it hardly raises eyebrows. The last few days have seen a micro-rally caused by Australian miners paying up to replace tonnage delayed by bad weather, and a certain optimism has been evident also for the Brazil/China iron ore trade on speculations that Chinese mills will take advantage of falling iron ore prices. Fundamentals generally remain unchanged, however, and present spot average value of USD 3300/day still covers less than half of daily running costs. Despite this, majors keep picking short period tonnage, although at ever lower levels - recently exemplified by 177000 dwt/built 2007 delivering china prompt for 4-7 months at USD 8k/day.
Source: FEARNLEYS AS
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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 ...
Saturday, 28 July 12
CAL 2013 COAL SWAPS ARE HIGHER COMPARED TO SEPT 2012 PRICES
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 0.47 percent on Friday (27 July 2012) closing DoD but lost 0.90 ...
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- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Parliament of New Zealand
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
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