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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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Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
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- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Planning Commission, India
- White Energy Company Limited
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
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