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Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 11k. The Pacific market got firmed up as Chinese came back from holidays. Indo-India now been reported at healthy levels at USD 7k dop South China. WCI-China and ECI-China was quiet and rates were USD 7k and 6k, respectively. RBCT rounds fixed at USD 9k + 300k BB. Short period rate for large eco Supra was around USD 9500.
Panamax
Last week ended with some strong fixtures for coal and ore in Atlantic for prompt dates. Good flow of cargoes consequently charterers had to pay up 2-3 USD pmt in order to secure tonnage. This continued beginning of this week especially for early and middle March dates. With China and Singapore back the activity level was significant up this week. T/a round voyages now paying around 7400/7500. And some orders still circulated showing there is not easy to secure tonnage. Fronthaul´s in the region of 13800/14000. Pacific rounds also increased to 7500 per day, similar as Atlantic. Some short periods reported at 8500-9000 which is up from high 7000. All in all more positive signals, but fear it will be short lived as the new building´s continue to pop out from the yards.
Capesize
With volume concerns in East Coast Australia, and the Columbian strike continuing to have an impact on volume for transatlantic routes, rates continue to fall. Fronthaul fixtures remain slow and are adding to owners woes, with Tubuaro/China at around USD 18 pmt. By far the most actively fixed route this week has been West Australia/China run, with the big Aussie miners all taking ships at mid 7´s for end Feb-early March positions as the price of iron ore continues its strong rally. At present, the rate for this route remains at mid 7´s. Whilst this has eased the tonnage surplus in the Pacific, tonnage in the Atlantic basin continues to grow and at present, the spot 4TC rate is at a painfully low USD 5,562 per day. One would hope this will improve slightly on the back of increased cargo volume in the coming weeks.
Source: Fearnleys
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Friday, 15 February 13
SCRAPPING TO RISE AS BULKER OWNERS SUFFER - DREWRY MARITIME RESEARCH
Drewry's latest Dry Bulk Forecaster report suggests that cash-strapped shipowners will scrap younger and younger ships this year as the dry bulk ma ...
Thursday, 14 February 13
HANDY: ATLANTIC "STABLE"; PACIFIC "QUIET" - FEARNLEYS
Handy
The Atlantic remain stable with rates for FH from USG around USD 18k. The Pacific remains quiet due to Chinese New Year holidays. Rates were ...
Thursday, 14 February 13
BIMCO FORECASTS MOSTLY HIGHER DRY BULK RATES FOR THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Higher steel demand is expected to keep dry bulk rates elevated during the next six weeks, according to the latest BIMCO forecast. The Organization ...
Wednesday, 13 February 13
6TH ANNUAL CBM CONFERENCE
The 6th Annual CBM conference which will be held in Singapore on 18-21 June 201 offers comprehensive insights into leading CBM projects in the Asia- ...
Tuesday, 12 February 13
GOVERNMENT DECLARED INDONESIAN THERMAL COAL PRICE INCHES UP IN FEBRUARY
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in February 2013.
The monthly coal refere ...
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- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Thai Mozambique Logistica
- The University of Queensland
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Australian Coal Association
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
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