We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 29 November 12
DRY BULK MARKET SLIGHTLY HIGHER DESPITE LULL ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market was marginally higher yesterday, according to the industry's benchmark, the Baltic Dry Index (BDI), which rose by 7 points to 1,104 points. The Capesize market was unchanged yesterday, while a small decline of 14 points was evident in the Baltic Panamax Index (BPI), which tracks the Panamax segment of the market. By contrast, the Supramax market inched higher yesterday, reaching 751 points. According to the latest weekly report from shipbroker Fearnleys, it was a fairly steady Panamax market this week, "with $8.5-9k/day for 2 laden legs in Atlantic. Owners seek long duration to secure a decent income over the coming holidays. A premium for shorter rounds, illustrated by a post Panamax fixed USD 9.5k for Murmansk/Rdam run.
Short period deals in Atlantic, with worldwide redelivery, done around USD 12-12.5k/day. These high levels achieved due to a decent fronthaul market which has hovered around USD 14-15k/day. Standard LME achieved 18k for Bsea/China whilst ECSA business pay 9k bss delivery WCI also on LME. In the F.East levels are stable, but does not show much inclination to increase further; 8-8.5k done for E.Aussie/China runs, whilst around 9.5k done for W.Aussie/China. With vessels opening N.China growing in numbers we expect rates to decline in the forthcoming weeks. Kamsarmax fixing 8.5k bss delivery N.China for a trip via Nopac to Spore-Jpn range. For period 4-6 mos should pay around mid/high USD 7k/day range" said Fearnleys.
Meanwhile, on the Capesize market, the shipbroker stated that it was "busy in the Pacific with a good number of fixtures from West Australia to China by the major miners, however frt rates just slightly improved from low 8s to 8.75. Fronthaul remains inactive with a good number of ballasters but hardly any cargoes for Tubarao/Qingdao, and Vale keeping quiet. The Atlantic is still well balanced and rates keeping steady in spite of low activity" it said in the report.
On the Handy front it noted that "the Atlantic market continues to remain quiet due to more supply of ships. Rates from USG to FEast were around USD 18k and Black Sea to FEast about USD 10k. USG-Skaw/Passero rates are around USD 12k. The Pacific market remained firm with increased cargoes. For Indo-India, large eco Supra now fixed at USD 14k for dely Singapore. Nopac also fixed bss APS at USD 9k + BB USD 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 8500 + BB USD 300k. Red Sea fertilisers to India are mid/high teens. Not much activity seen on short period and rates around USD 9500 for large Supra" Fearnleys concluded.
In a separate report, commenting on the Supramax segment, Shiptrade & Services noted that " for second week in a row, the Atlantic Supramax market has shown a substantial recovery on the rates, taking advantage of the tonnage shortage in the region. Trips out of the USG towards the Continent/Med are paying around USD 11,500 whereas front hauls are being fixed at USD high teens with owners pushing for rates above USD 20,000. Due to the shortage in tonnage supply, the upward trend from the USG is expected to continue in December. Same situation in the ECSA market where a number of sugar and grain cargoes have been seen in the market for December and owners are keen to push for high rates. The Continent and Med market has not shown any improvement during the past week. Trips back to the USG pay approximately USD 3,250 whereas scrap from the Continent to Emed remains below USD 9,000. Some short period reaction from charterers has been shown after a while, but a very small number of businesses have been finalised so far.
In the Pacific Basin, owners are pushing for higher rates taking advantage of the tonnage shortage of prompt stems, especially in the Indo coal, which remains for another week, the strongest feature of the market. For trips from Indonesia to India, large eco supras are being fixed at levels close to USD 12,000 bss delivery passing Singapore with the trend leading towards the USD 13,000 area depending on vessel's specs. For another consecutive week the India Iron Ore market has not shown any positive reaction with low volume of cargoes, with rates hovering in the USD 4,500 - 5,500 range. The S.Africa market too has been on the low side, with a very small volume of cargoes on the market. Small increase in short period requirements has been seen, with rates around USD 8,500 to 9,000 levels" the shipbroker concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
|
|
|
Showing 4421 to 4425 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- The University of Queensland
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Economic Council, Georgia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
|
| |
| |
|
