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Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cover their stems prior the holidays, rates remained nevertheless firm (USD 50,000 still achieved by Supras dely USG to FEast) and high 20´s for transatlantic trips.
Owners are still reluctant to go Far East thus chrs have to pay hefty premiums. The Far East market continued its downward trend during the last week, for Pacific rounds charterers aiming for Supras mid teens where ows try to achieve high teens.
For Indonesia / India coal trips from Far East Supras were fixed in the high teens. For Backhaul trips Supras were trading in the low teens. The period market remains quiet, only a few fixtures reported, for short period ows asking low 20´s. India; there is still a lack of tonnage in WCI and the rates are still firm, for India / China iron ore trips vessels were fixed at very high 20´s / low 30´s.
Panamax
The Atlantic market, after a slight downturn, has been quite steady and firm with less tonnage available.
The Pacific market rates decreased heavily at the end of last, but seems now to have bottomed out and have been slowly increasing the few days, with an ´overflow´ of Indonesia shipments.
The amount of activity fading out as we are approaching the Christmas holiday and it hasn´t been many signs of a ´Christmas rush´ neither from the chrts nor the owners´ side. The period market has been slow during the last week, with few fixtures reported. A 2-year deal were concluded at US$ 19500 / day with delivery in the Pacific mid January.
Capesize
The market has over the past week been very much in a holiday mood, withdecreasing rates every day. While some owners respond by approaching the charters directly and accepting considerable less than last done, others just pull back and go for Christmas holiday.
The rate for West coast Australia to China is presently arnd US$ 11.00 pmt. Rio Tinto, BHP and FMG have been more or less absent.
Also for the Brazil to China trade there appears to be lack of cargoes and last done is in the mid twenties. There are however expectations for a stronger January! In the mean time, everyone is looking forward to enjoy the Christmas.
Souce: Fearnleys AS
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Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...
Thursday, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...
Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant.
Accord ...
Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...
Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15 vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...
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- ASAPP Information Group - India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- PTC India Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Orica Mining Services - Indonesia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
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