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Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy
The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacific market is quiet with not many cargoes. Indo-India now been reported at APS basis at USD 10k+BB 85k. WCI-China was bit busy with cargoes like salt, grains, iron ore and rates were around USD 10k, whereas ECI/China was quiet and rates were 6k respectively. RBCT rounds fixed at USD 9k+300k BB. Short period rate for large eco Supra was around USD 9000.
Panamax
Reasonable levels and a fairly balanced market as the main headline in both hemispheres mid-week. Some positive signs in the Atlantic basin although on thin volumes and limited fresh business. T/A rounds in the mid 8 to mid 9k range. Fronthaul predominantly based on ECSA activity around 16 k with equiv BB for ballasters, with a growing fleet in waiting mode. Vale have also been active lately but ballasters from Feast covering most of the cargoes, so limited impact on Atlantic. Feast flooded with tonnage and new buildings combined with limited new biz causing a descending trend still healthy 9-10k done both for NOPAC and SE Asian rounds. We also expect market to slide downwards. Low activity in the period market as a majority of takers is more bearish.
Capesize
Levels remain at close to all-time low, although cosmetic spot improvement is presently seen. Probably driven more by optimism than the actual marginal increase in physical demand for prompt tonnage to carry iron ore from Waust and Brazil, daily average TC-returns are up 5% w-o-w to USD 4500 - still some USD 3k short of covering daily operating costs. Transatlantic coal trades are back to normal/catching up backlog after Colombian strikes, but the influence of same appears not sufficient to have any significant effect on market balance in this basin. FFA values remain the decisive factor for any period consideration, which means standard 170k-tonners can expect max USD 9k basis 6-9 months period. 180k dwt/built 2012 has just been concluded for 12 months period at USD 10500 basis mid April delivery in S.Korea.
Source: Fearnleys AS
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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 ...
Tuesday, 05 February 13
NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 10.77 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,412,497 MT of thermal and coking coal for week ended 0700 hours 4 February 2013, Newca ...
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- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- The University of Queensland
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
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- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
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- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- ICICI Bank Limited - India
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- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
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- Directorate General of MIneral and Coal - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- VISA Power Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Parliament of New Zealand
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