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Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy
Atlantic market remained unchanged. 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. Pacific market getting softer with less cargoes seen in market. For Indo-India, large eco Supra now fixed at USD 11k for delivery Singapore. Nopac also fixed bss APS at USD 7000 + BB USD 325k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 6000 and ECI-China around USD 4000. 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.
Panamax
This week we see less activity in the Panamax market. In the Atlantic basin the market has been weaker but so far fearly balanced. Ships still fetch around USD 9-10k for round voyages and about the same if they commit to slightly longer duration by fixing 2/3 laden legs redelivery Atlantic. The forward curve is on the weak note as owners that wish to fix forward positions need to accept a discount. The fronthaul market remains pretty inactive, but we have seen ships fixing around USD 14-16k depending on duration. In the Pacific the market is dropping. Here we see more and more spot ships struggling to find employment while rates are down to around 6000 dollars per day for Pacific rounds. Owners can now get better money for periods than for short trips as 1 year TC now pays around USD 7500.
Capesize
The negative trend continues and accelerates as X-mas doldrums appear to be setting in early. Down 45% w-o-w, spot levels for Capes now barely cover opex at USD 7500/day. As number of ballasters keeps growing and in particular iron ore trades keep reflecting slowing Chinese growth, no immediate stabilization or improvement can be expected. FFAs, and consequently period rates, have dropped to such an extent – theoretical consensus being around USD 9k for 12 months - that focus is shifting towards index-linked structures.
Source: Fearnleys
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Tuesday, 09 October 12
REALM RESOURCES RECOMMENCES DRILLING AT KATINGAN RIA COAL PROJECT
COALspot.com : Realm Resources Ltd. (ASX) has announced that it has commenced work on the phase three technical programme at its Katingan Project in ...
Sunday, 07 October 12
INDONESIAN GOVERNMENT DECLARED HBA FELL AGAIN IN OCTOBER
COALspot.com - The Indonesian government’s declared coal reference price has lost US$ 0.17 per MT M-M.
The monthly coal referen ...
Saturday, 06 October 12
CFR SOUTH CHINA COAL SWAPS FOR DECEMBER'13 DELIVERY GAINED 1.3 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery gained 0.098 percent and 0.164 percent W-W and D-D respectively o ...
Saturday, 06 October 12
FREIGHT MARKET IS LIKELY TO PICK AFTER THE HOLIDAYS IN CHINA - VISTAAR
COALspot.com - The freight market appeared to be seeing some increase BDI up by 14.23 pct closing at 875 points. The Cape and Panamax index also saw ...
Thursday, 04 October 12
CAPESIZE : IN SPITE OF THE HOLIDAYS IN CHINA, RATES ARE CLIMBING UP - FEARNLEYS AS
Handy
Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Continent to east Med were around USD 13k and Black ...
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- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- The Treasury - Australian Government
- Parliament of New Zealand
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
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