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Friday, 01 February 13
HANDY - FLAT; PANAMAX - FLAT TO WEAK; CAPESIZE - WEAK
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 17k and Black sea to Feast about USD 9k. USG- Skaw-Passero rates are around USD 14k. The Pacific market getting softer and rates falling as compared to last week with less cargoes seen in market and holding on cargoes in anticipation that rates will get softer due to forthcoming Chinese New Year holidays. For indo-india, large eco supra now fixed at USD 8k for delivery Singapore. Nopac also fixed bss APS at USD 7000 + BB USD 325k. WCI -China rates around USD 8,000 and ECI- China around USD 5000. RBCT rv fixed at APS USD 9000 + BB USD 300k. Red sea fertilisers to India are mid teens. Not much activity seen on short period and rates around USD 8500 for large supra.
Panamax
A growing list of open positions against a reduced number of fresh requirements is the overall tone causing a sliding trend in boht hemispheres. In the Atlantic there seems to be a mid-week floor around 7.000 + 300 APS USG for trades to Cont/Med with a premium for INL breach, ice trading, dirty cargoes or poor redelivery. Fronthaul activity is limited still with growing expectations met by a growing number of ballasters heading for both USG and ECSA. 13.500 + 350 achievable bss APS or abt 7.000 DOP bss India/SE Asia delivery for ECSA rounds. As the tropical cyclone Oswald has caused force majeure conditions several places down under the overall activity looks to be further reduced by the coming Chinese New Year. Pacific rounds down to 4.000 or less mostly basis APS with a BB for carrying Indonesian coal. Period activity is modest with short period around 7.000 with a forward curve moving sideways with marginal changes.
Capesize
Another week of weak numbers in the Cape segment, with tonnage building in both basins on the back of relatively few FH or Pacific requirements, and the relentless rainfall in East Coast Australia raising yet more volume concerns. Whilst iron ore stockpiles at Chinese ports remain low, the big Australian miners have been comparatively quiet in the spot market. However, at the time of writing, mid Feb West Australia/Qingdao positions were covered at a tick above USD 7 pmt. Iron ore and coal cargoes out of South Africa, both toward the continent and the Far East, have been actively fixed, however rates continue to decline, with USD 6.75 done for a Richards Bay/Rotterdam coal round. Whilst there was little period business reported this week, USD 9000 was achieved for 4-7 months, continuing last weeks trend of slightly firmer numbers appearing for period deals.
Source: FEARNLEYS AS
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Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
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- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Australian Coal Association
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
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