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Thursday, 24 January 13
DRY BULK MARKET FALLS ON TROPICAL CYCLONE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has been on the downside during the past couple of days, mainly as a result of the tropical storm which forced ports to close down in Australia, the largest exporter of iron ore. As a result, cargo demand was absent yesterday, leading rates down. The Baltic Dry Index, the industry's main benchmark was down by 1 percent to 817, while rates for the larger in size Capesize vessel-type, used to transport iron ore, were down by 2.7% to $8,431.
According to the latest report from shipbroker Fearnleys, in the Capesize segment, "weather issues literally clouding the skies in Far East, with main Australian mineral loading ports closed down. Spot volumes consequently decline on the fundamental W.Aust/China trade, whilst freight rates have so far held up due to support from strong Atlantic activity. Increased spot exports from Brazil combined with generally improved atlantic supply/demand balance has resulted in daily earnings for transtlantic and fronthaul trades are up some 35% respectively 8% w-o-w. Paper fluctuations have allowed for considerable period activity, including 2 x 180000 dwt/built 2011-12 delivering china prompt for 8-12 months at around usd 10800 and 170000 dwt/built 2000 delivering China prompt reportedly done for 8-12 months at a massive usd 11250" the shipbroker said.
Regarding the panamax market, Fearnleys added that "it has been fairly balanced all over the last week. Activity seems to come down a little bit in the atlantic, but levels remain basically unchanged. A normal trans Atlantic round is paying around usd 7-7500 daily. While we have seen several fixtures done in more specialized trades that requires INL breaching and/or ice class tonnage that pays quite a bit more. The fronthaul market is pretty silent, we do not see as many usg/ china grain cargoes in market that you normally would expect at this time of the year. And the east coast South America grain has been more quiet than the previous two weeks. Fronthaul out of ecsa now pays arnd 14000+400k bb, but varies very much with vessel specifications. In the pacific it seems that charterers are still in charge as the pacific index is at low levels arnd USD 4000. Also the period market has been pretty silent the last week. Levels remain low and varies between 7-9000 depending vessel type for one or two years period" the report said.
Finally, on the Handy front, the shipbroker noted that "the Atlantic market remains stable as supply of tonnage is still in excess of demand. USG- Feast fixed at usd 18k and CONT-FEAST at usd 11k. Pacific mkt has started falling as too many ships are in the market and no cargoes. Indo-india now at APS USD 8k + BB USD 90000. Nopac also fixed on APS at usd 7k+ 300000. South africa rounds now APS at usd 9k +300000. Short period rates for large eco supra at usd 8500" Fearnleys concluded.
In a separate report, Shiptrade & Services stated on the Supramax front that "it was another positive week for the Atlantic market with ECSA leading the way on high volumes, taking advantage the shortage of prompt loaders in the area. Supras are being fixed at USD low teens + USD 250k BB for trips to FEast, whereas from the USG to FEast are expected to get high teens, and for trips within the Atlantic mid to high teens. On the other hand, low activity has been observed at the Continent with owners accepting low rates to take advantage of the reposition.
The Pacific market had another inactive week with Indo coal being fixed at around USD 8,500 – 9,000 passing Spore redelivery ECIndia and around USD 8,000 redelivery China. In addition, there is strong tendency from charterers’ side for aps deliveries. NOPAC rounds are still not very active but some requirements were seen and ratewise talking around USD 6,500 + 350/400k BB. Some interest from charterers has been observed for short period and rates are around USD 8,500 – 9,000 depending on size and delivery point.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Thursday, 24 January 13
INDO - INDIA NOW AT APS $ 8K + BB USD 90000 - FEARNLEYS AS
Handy
The Atlantic market remains stable as supply of tonnage is still in excess of demand. USG- Far east fixed at $18k and CONT-FEAST at $ 11k. Pa ...
Tuesday, 22 January 13
PORT OF ANTWERP HANDLES 7.0 PERCENT MORE COAL IN 2012 Y-Y
COALspot.com - The port of Antwerp handled 184,134,516 tonnes of freight last year.
This represents a drop of 1.6% compared with 2011, when the v ...
Monday, 21 January 13
NEWCASTLE PORT SHIPPED 10.21 PERCENT LESS COAL W/E 21 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 2,804,152 MT of thermal and coking coal for week ended 0700 hours 21 January 2013, Newca ...
Monday, 21 January 13
PANAMAX DRY BULK CARRIERS AND AFRAMAX TANKERS PROVED TO BE THE "WEAPON OF CHOICE" FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With ship financing getting ever so difficult to procure during the past year or so, ship owners had to get creative in order to persuade banks and ...
Sunday, 20 January 13
Q1 & Q4 SUB-BIT FOB INDONESIA COAL SWAPS: FIRM
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) and CFR South China coal shipment for average Q1’ 2013 delivery have gained 0.81percent and ...
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- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- The University of Queensland
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
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