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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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Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
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- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Planning Commission, India
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