We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 11 October 12
DRY BULK MARKET STEADY AFTER CHINESE HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market hasn't yet staged a solid rebound after last week's holidays in China, as many would have expected. Indeed, many analysts were anticipating elevated purchases of iron ore from Chinese buyers, but up until today, this hasn't yet been the case. In fact, as the latest Chinese reports have indicated, iron ore stockpiles at the country's major ports, continue to be in rather high levels. The only potential "game changer" at this moment could be the fact that some Chinese will be willing to take advantage of the low iron ore prices and stockpile more raw material.
As a result, the BDI (Baltic Dry Index), the industry's main benchmark has remained virtually unchanged, as was the case in yesterday's session, which saw the index stable at 875 points. The Baltic Capesize Index was down by 54 points to 1,775 points yesterday, as a result of lower demand for Capesizes, which are mainly used to haul iron ore and coal to China. By constrast, the Panamax market, which has been suffering in the past month or so, managed to stage a rise, with the Baltic Panamax Index (BPI) rising by 72 points to 784. Smaller dry bulk carriers remained steady yesterday.
According to the latest report from shipbroker Fearnleys, commenting on the Capesize markets this week, it said that "hikes in this segment have proved to be short-lived this year, and the past week seems to fit well into the pattern. Spot, period and paper levels are all sliding on lower fronthaul activity combined with increased Chinese tonnage supply following holidays. After peaking at a 9-months´ high of close to USD 11300, average daily return has so far come off some 13% in 3 days.
handful of proactive owners have made good use of the pre-peak sentiment and secured period coverage before levels again dropped substantially - notable fixtures include 180k dwt/blt 2010 delivering China prompt for 10-14 months at USD 12k and 170k dwt/blt 1999 done for 5-7 months at USD 10750 with same delivery. More spikes are expected during Q4, but fundamentals do not indicate neither long-lasting nor dramatic improvements" Fearnleys said.
On the Panamax front, the shipbroker's report added that "we have now experienced several weeks of downward pointing curves in both hemispheres, but this week we finally experienced some positiveness. Since last week rates has firmed for all trades. Atlantic round market which has hovered around USD 500 daily has now climbed to a level of around USD 5-6k depending on delivery. The fronthauls with delivery Continent are today being fixed in region of USD 18k compared to the 12k being achieved last week. We see more coal cargos in the Atlantic and fresh grain cargos fuelling the increasing market. In the Pacific we see rounds being fixed at around USD 6-6.5k + a ballast bonus. The period market has also experienced some increase in rates much supported by the FFA values also increasing" the report mentioned.
Finally, in the Handy market front, Fearnleys said that "the Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Continent to East Med were around USD 14k and Black Sea to FEast about USD 15k. USG-Skaw-Passero rates are around USD 11k and rates for USG-FEast about USD 18k. The Pacific market remained stable with rates mostly unchanged. For Indo-India, large eco Supra now fixed at USD 10k for dely Singapore. Nopac also fixed bss APS at USD 8k + BB 325k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 5k and ECI-China around USD 4k. RBCT rv fixed at APS USD 8k + BB USD 200k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 9k for large Supra" it concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...
Tuesday, 04 December 12
NEWCASTLE PORT SHIPPED 55.88 PERCENT MORE COAL W/E 3 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,796,341 MT of thermal and coking coal for week ended 0700 hours 3 December 2012, Newca ...
Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1 2013 delivery gained 2.87 & 0.83 percent MoM and WoW respectively ...
Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer.
The BDI was down 0.37 pct closing at 1,086 ...
Friday, 30 November 12
FUTURE TREND OF SECOND HAND SHIP VALUES PUZZLING SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the major challenges that ship owners are facing today is whether or not to invest in a second hand vessel at any given time. For instance, i ...
|
|
|
Showing 4476 to 4480 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
|
| |
| |
|
