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Thursday, 14 March 13
DRY BULK MARKET KEEPS ON RISING MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has maintained its rising momentum, on the back of increased cargo availability. According to yesterday's figures, the industry's benchmark, the Baltic Dry Index (BDI) was up by 10 points, reaching a total of 875 points. Capesizes were unchanged yesterday, as the relative Capesize Index was steady at 1,314 points. Still, the Capesize market gained an impressive 11 percent just in one day, during Tuesday. This was the biggest single day gain since mid-January. During yesterday's session, the Supramax segment was the strongest, posting a daily gain of 14 points, to reach 903 points in total. Panamaxes also gained to reached 1,138 points, while slight gains of four points were also in store for the smaller dry bulk carriers (Handysize-Handymax).
According to the latest weekly report from shipbroker Fearnleys, in the Capesize market "some optimism surfacing as west Australia activity was picking up with increased demand for earlier ships. However as the end of the week approached, the optimism was vanishing as west Australian shippers turned quiet. Front haul activity remains dull, with Vale still being out of the game. Period rates have remained stable, with short period rates close to $10,000 a day.
Fearnleys went on to mention that "the Panamax segment has experienced a good period lately thanks to the grain season in S.Am soaking up vsls from both the Pacific and Atlantic.
This has led to up to 25 days congestion in several of the main grain ports in the area, and now shippers ask the operators to delay their shipments a bit to take away some of the piled up ships, which resulted in a calmer market. We see many ships open in F.East that has started their ballast towards ECSA, all hoping to repeat or beat last done. Though now there is some uncertainty in the market and many doubts the rates can continue the climb. At the same time we hear some good news from the Pacific coal market as Indonesia is lowering their prices a bit to compete against Chinese inland coal. This might lead to better coal activity in this area. Currently Pacific rounds pay arnd USD 10k. The Atlantic is pretty quiet but slowly improving; TA rounds pay around 10k. The long period market has been quiet lately; 1 yr period pay around USD 9k" the shipbroker noted.
Finally, in the Handy front, Fearnleys noted that "the Indian market is still quiet in respect of export of iron ore. WC India market has improved with a few stems out of the MEG, WC India opening vessels are seeing around 9000-10,000 for trip to India via MEG. For Indo-India trip Supra rate is around 10,000 bss south China and 9500 bss CJK range, and around 9000 for short period. Spmx freight rate from Red Sea/India is around mid teens" it concluded.
In a quote from Arctic Securites, featured in a Bloomberg story this week, "an increase in coal shipments from Colombia, after miners at BHP Billiton Ltd. (BHP)’s Cerrejon coal venture ended a 32-day strike this week, “will be positive for Capes as it will likely push fixing activity up”. In a similar note, Galbraith's noted that record steel production in China during February also indicates strong demand for iron ore. The shipbroker added that “acombination of a slight drop in iron ore prices and improved weather/availability from Western Australia is allowing Chinese iron ore imports and thus Cape rates to return to slightly higher levels. “A couple of longer haul fixtures from Brazil and Suldanha Bay and the resumption of Western Australia fixtures to Qingdao will have supported the recent tick up in Cape rates”, it concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Tuesday, 07 May 13
NEWCASTLE PORT'S COAL EXPORTS HOLD STEADY WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,975,160 tons of thermal and coking coal for week ended 0700 hours 6 May 2013, Newcastl ...
Monday, 06 May 13
INDONESIAN COAL PRICE REFERENCE FALLS CONTINUE
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $ 3.23 / MT in May 2013.
The monthly coal pr ...
Sunday, 05 May 13
SUB-BIT FOB INDONESIA COAL - MIXED TREND; API 8 CFR SOUTH CHINA COAL - POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.28 percent and API 8 CFR South China Coal shipment&nb ...
Saturday, 04 May 13
INDONESIA TO INDIA PANAMAX FREIGHT : FLAT TO SOFT - CAPT. REDDY
COALspot.com - The demand for iron ore picked up and its pushed up the cape size index by 7.86 pct. Cape index closed at 1,344 points. The BDI ...
Friday, 03 May 13
US PRODUCED 17.9 MILLION SHORT TONS (MMST) OF COAL IN A WEEK
COALspot.com - U.S. produced totaled approximately 17.9 million short tons (mmst) in a week (For the week ended April 27, 2013), EIA said in its lat ...
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- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- PTC India Limited - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
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