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Thursday, 06 September 12
SOME ANCHORED PANAMAX VESSELS WAITING FOR CARGOS TO COME
Handy
According to Fearnleys weekly report, in the smaller segments Fearnleys sees little to no changes since last week. There are still entering some fresh cargos, but the growing list of available tonnage is outnumbering the cargos. US Gulf positions are still being paid tick above USD 11k for trips to Cont/Passero while inbound trips experience a softening rate wise and are being fixed in region of USD 4200. We also see the same softening tendency for Fhauls which has come down another USD 1k and fixing at around USD 16k. Pacific market remained unchanged with tonnage supply quite healthy. For Indo-India, large eco Supra now fixed at USD 8-9k for dely Singapore. Nopac also fixed bss dop Japan at USD 7k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 6k 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 8500 for large Supra.
Panamax
After last weeks continued bearish sentiment we were hoping for some glimmers of positiveness this week. This is not the case and the market in both hemispheres is continuing to drop like a rock. We see owners underbidding and waiting up to 6 days in order to even secure employment for their vessels. Some owners drop anchor waiting for cargos to come. For September loading there are very few cargos in the Atlantic and only a few forward cargos of grains are being quoted in the market. With the draught causing cargos to be cancelled, the horizon does not look very bright. TA´s now being fixed in region USD 2/3k while the fhauls are getting around USD 14k + BB. In the Pacific rounds are being fixed at around USD 4k while backhauls are giving negative return. The period market is almost none existing unless owners are able to offer very flexible periods and options, according to Fearnleys weekly report.
Capesize
A touch of optimism in the start of the week with good activity out of west Australia around the USD 7.20 level. However, ffa values were turning more negative as we approached mid-week and so did the activity. This obviously also affected short period marked, with bids just below USD 8,000, with last done being 4-8 months USD 8,250.
Source: FEARNLEYS AS
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Friday, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...
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 tri ...
Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
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- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Central Java Power - Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Minerals Council of Australia
- SMC Global Power, Philippines
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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