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Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and India´s thirst for Indonesian coal.
For Indonesia / India coal trips Supras were fixed in the low 20´s. The period market picked up activity, Supras were fixed for low/mid 20´s for short period. India, the market is still firm for iron ore cargoes from WCI, Supras were trading in the mid/high 30´s for trips to China. In Atlantic market the rates have been active and firm in all areas. Rising demand for vessels and paper sharpening gave boost to the rates.
Owners were quite optimistic holding back the vessels hoping for even better rates.
Panamax
A very firm start of the first week in the New Year, after a soft end in 2009.
The BPI showing a sharp rise after the holidays. Atlantic RV seen high mid US$ 30,000 and trip out about US$ 45,000. There is a good demand for tonnage in the Atlantic basin and the market is pushing further as owners are holding back ships. In the Pacific the market also looks very firm and rates for a RV at US$ 30,000 for LME`s.
Backhaul still emaining at 17-18k levels, and some charterers are taking vessels from Pacific and ballast to USG at high 20 levels. LME`s fixed 31k US$ for 5-7 months, 1 yr at US$ 27000 in the Atlantic and US$ 24,000 in the Pacific.
Capesize
2010 starts off at a positive note, although signs of correction have become apparent midweek. Fronthaul levels rose significantly to hit US$ 33 pmt Tubarao / Qingdao for February loading before again sliding downwards, whilst the West Australia / Qingdao trade put on some US$ 2.50 pmt to reach US$ 13.50 pmt before dipping into the mid US$ 12´s pmt.
Paper trades, however, is taking a blow and does little to support spot, neither do a handful of ballasters apt to put pressure on Brazil / China levels. Index tonnage presently trades at an average of US$ 40,500 / day, with 3-5 months period done on 172,000-tonner built 2001 at US$ 38,000 / day basis delivery China prompt.
Source: FEARNRESEARCH
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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...
Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...
Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...
Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009 to China and 15. ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Planning Commission, India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
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