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Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains buoyant as reflected by the heftyrates still achieved to feast (close to 45000 us for supra ex bsea). The Continent remains also quite firm due to lack of ice class tonnage. A 37000 dwt ice classed claimed to have seen rates in the upper 20´s for most directions and high 30´s t feast. Handymax vessels open in USG are seeing usd 40k for trips into the med / Continent. The outlook is fo a pursued firm markets in the Atlantic. The FEAST remains its softening tendency during the last week. For Pacific Rounds Supras can achieve high 10´s and for Indo / India coal trips around low/mid 10´s. For backhaul trips Supras trading in
| The FEAST remains its softening tendency during the last week. For Pacific Rounds Supramax can achieve high 10´s and for Indo / India coal trips around low/mid 10´s- Fearnleys |
the very low teens. The period market seems quiet, for short period Supras trading in the very low 20´s.India remains firm, for iron ore trips frm WCI to China Supras were fixed in the low/mid 30´s, vessels open in ECI trading in the mid/high 20´s
Panamax
The pmx market fell continuosly this week, with less cargoes entering the market. With a negative amount of spot cargoes compared to number of spot vsls, and the ice in the Baltic didn´t imporve the situation.TA`s fixed low USD 30k start of the week, fell to mid/high USD 20k end of the week. Fronthaul business fell from USD 40k to mid USD 30k, even with tonnage fixing in the very low 30k! Same situation were seen in the pacific, with less nopac and aussie cargoes. LME`s fixed arnd USD 22-24k end of the week, vs high USD 20k beginning of week with nopac cargoes being the accelerator. Backhauls concluded in the USD 15-17k region.
1 yr concluded at USD 23500, and short period at USD 27,500.
Capesize
The slide continues in all areas as we approach Chinese New Yearcelebrations/holidays, despite major miners steadily picking ships for the W Aust/China conference route - down 30% over the week to level out in the very low usd 20k´s. Market appeares generally overtonnaged, andballasters face a hard time being absorbed in the Brazil/China run - where rates have lost 20% in terms of earnings per day, coming in at some usd 47k.
Period interest is evident amongst leading operators, but present levels on offer are insufficient to attract candidates - with the exception of N/B 169,000 dwt sailing from Sungdong Yard accepting usd 34k basis 4-6 months to mitigate damages resulting from long-term performance failure by Chinese charterers.
Source: Fearnresearch
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Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
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- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Planning Commission, India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Australian Coal Association
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Eastern Coal Council - USA
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- India Bulls Power Limited - India
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