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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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Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...
Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...
Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...
Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...
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- Bhatia International Limited - India
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Minerals Council of Australia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
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