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Thursday, 03 January 13
SUPRMAX FREIGHT RATE FROM RED SEA / INDIA IS AROUND MID TEENS - FEARNLEYS
Fearnleys in its weekly report said that, Indian market was very quiet in respect of export of iron ore. For Indo-India trip Supra rate was hovering between US$ 11000/12000 bss passing Singapore and around USD 9000 for short period. Spmx freight rate from Red Sea/India is around mid teens.
Meanwhile, the panamax market, with Christmas holidays fresh in mind and a couple of days into 2013 the following may summarize the past week, the report said.
The activity has been scarce but some business has been concluded. In the Atlantic; breaching of INL and trading to and from icebound ports has led to some high fixtures. Such trades apart, the TA market is slowly sliding. In the Pacific we see a similar but stronger tendency. Spot ships are forced to start ballasting or drop the anchor to wait for activity. We expect the coming week to be decisive in which direction the market is going, as several countries are still away for holidays.
With most major players physically and mentally on vacation, spot activity has been and is next to none for almost 2 weeks now. For Brazil in particular, prompt cargo stems have been extremely few and far between - with a resultant piling up of early tonnage in S. Africa and elsewhere, along with softening freight levels. With average daily earnings well below USD 5k and the whole Cape fleet already slow-steaming, idling is becoming an ever more realistic alternative. Period fixing has come to a complete halt - but is expected to resume at lower levels or indexed-linked as takers are still ready to pick the right ships and tonnage providers are faced with few alternatives, the Fearnley’s research report said.
Source: Fearnresearch
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Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Australian Coal Association
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- GMR Energy Limited - India
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
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