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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
Nevertheless we see a bit more activity today in the Atl. T/A rounds pay mid 20´s. Hmaxes open in USG to Med/Cont got low 30´s, mid 30´s to WCCA, and 41k to FEast. Nueva Fortuna was rumoured chartered by ABT at usd 29.5k basis dely Miss River via NCSA to the Cont. Reduced short period activity. The outlook is firmer markets in the Atl. as the grain season is fast approaching. The FEast market was stable and very quiet due to holidays in the east. Owners with open positions holding firm and wait until some of the markets open again. For Pac rounds Supras can get high 10´s, for Indo / India coal around low 10´s, and backhauls in the very low teens.
The period market was still firm, for short period Supras trading low 20´s.
The Indian market is firming a bit, due to lack of tonnage in the region. Supras with i.ore from WCI to China fixed in the low 30´s and for Rich.Bay rounds back to India in the low 20´s.
PANAMAX
Slow week with a low fixing volume in both basins. Market rates have been stand still for about a week, but now the Chinese holidays are coming to an end and the expectations of a rise in the market rates are evident with more cargo possibilities and a stronger period and paper market. The Panamax Baltic average index was down 7 (3087 to 3080). TA´s fixed around USD 24500, with a small premium for breaching IWL and fronthauls paid in the USD 34000 region. In the Pacific, rv´s concluded tick below USD 24000, and backhauls done at USD 16000. 4/6 months fixed 27000 with Japan delivery.
CAPESIZE
As expected the week started and has remained relatively slow in the wake Chinese New Year and Brazilian Carnival celebrations. Few fixtures have been reported, but what has been reported has shown an upward tendency. The fronthaul was concluded at higher levels with prompt charterers offering closer the usd 30 pmt mark.
With Brazil closed no-one has been able to get shippers approval of nominations and this might prompt a flurry of activity once they are back at work potentially driving the rates upwards. On the West Australia route a little improvement has been seen, but this only on the time charter trip rates, voyage rates are still lagging. One notable short period fixture has been concluded at usd 37,000 daily which is a considerable improvement and indicates that some believe the market will rebound with the Chinese are back at work.
Source: FEARNRESEARCH
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Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
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- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- The University of Queensland
- Ministry of Mines - Canada
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
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