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Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm. The Cont remains also quite firm. A 45k dwt got usd 23750 bss dely Gib via Cont to E.Med with scrap. Hmaxes open in USG still get high 30´s for trips to the Med/Cont. The short period market remains active with a 58.5k dwt rumoured fixed around 28k/day for 3/5 mos dely SpanMed - some similar fixed usd 33k. The outlook is for a pursued firm markets in the Atl. The FEast market is still softening as we move towards Chinese New Year. For Pac rounds Supras can achieve mid/high 10´s and for Indo/India coal trips around low/mid 10´s. For backhauls Supras trading in the very low teens. It seems there was little interest for period biz over the week, Supras trading low 20´s for short period. The
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“The Indian market softening a bit.Supras with Iron Ore from WCI to China fixed in the high 20´s/low 30´s and in the mid 20´s from ECI. For Richard Bay rounds back to India”
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Indian market softening a bit; Supras with i.ore from WCI to China fixed in the high 20´s/low 30´s and in the mid 20´s from ECI. For Rich.Bay rounds back to India
Panamax
The Atlantic market rates have decreased, while the Pacific rates have stabilized and increased slightly the last week. A bigger drop has been prevented by the short period interest and a rise in paper values. Limited amount of fresh Atlantic business, although trips east still available. Still some heavy congested ports in east Australia keeping tonnage off the market. Average Baltic index slightly decreased from 3100 to 3087. A negative future prospect, but we could see a more active market and increased rates, both physical and paper, when the Chinese are back just over the Lunar New year, but probably short lived.
Capesize
The market seems to be in a freefall. After a slow start to the week with rate being repeated at last weeks levels, usd 9.50 for West Australia to China, the market has taken a turn for the worse. The sentiment is so week that modern vessels are offering themselves at lower numbers to charterers without getting responses. The front haul, Brazil/China is also coming off, with time charter fixtures equating to mid usd 20´s per mt. This represents a usd 3-4 per mt fall and there seems no hope in sight with the Chinese headed for their Spring Festival. On the period front, there has been a lot of short period enquiry hoping to take advantage of weaker levels, but few owners willing to sign up at present levels which would be in the low usd 30 ´s even though this is a usd 5-7000 premium over the spot market.
Source: FEARNRESEARCH
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Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...
Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...
Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...
Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release
1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...
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- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
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- Australian Commodity Traders Exchange
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- Star Paper Mills Limited - India
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- Mercator Lines Limited - India
- Ministry of Transport, Egypt
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- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
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- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
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- Thai Mozambique Logistica
- The University of Queensland
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- Siam City Cement PLC, Thailand
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- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
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- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
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- White Energy Company Limited
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- Globalindo Alam Lestari - Indonesia
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- New Zealand Coal & Carbon
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- Deloitte Consulting - India
- PowerSource Philippines DevCo
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- Kaltim Prima Coal - Indonesia
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- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
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- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
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- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
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- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
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- Bulk Trading Sa - Switzerland
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- Parliament of New Zealand
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- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
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