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Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy
The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to the Continent and tonnage from Black Sea. Fixed to the east fetching around US$ 24/25k per day. Baltic to Brazil fixed around US$ 8k. The Pacific market remains firm but cooling off a bit by end of the week. For Indo India and Thai rounds, large eco Supra can fetch close to US$ 17k. Indian iron ore market getting active with fresh enquiries from WCI and Supras fixing around US$ 13k for WCI-China and 12k for ECI-China. RBCT-India round rates are around US$ 12k. Red Sea fertilizers to India are fixed around mid 20s. Short period rates are around 14k for large Supras but seeing less takers.
Panamax
The Panamax market started this week on a quiet note with only USG-front haul giving some fuel to the levels. In the Atlantic the market is firming up, tighter with tonnage and some fresh minerals and grains requirements entering the market. TA rounds are now fetching around US$ 14,500 while some claim to have seen US$ 16k for the shorter Baltic rounds. The front hauls closer to mid 20´s with additional premium for shorter trips via Aden. In the Pacific activity is slowing down in all areas. Some analysts warn that China´s emergency coal reserve provision is too small, and they might pick up the pase they had earlier on Indonesian coal. Mid week the Pac rounds are being fixed at around US$ 11k while the backhauls are getting around US$ 4,500. The period market has shown some activity with a few short period fixtures in the mid 12k range. With the coming holidays in China activity and levels could suffer next week.
Cape size
A psychological barrier seems to kick in every time spot levels for this segment climb close to US$ 30k. A robust strengthening on high volume is turning into a soft slide as activity cools down and nervousness spread. Despite last few days´ developments, average daily earnings are still up 12% w-o-w at US$ 28k, and fundamental parameters still appear robust for transatlantic and pacific trades. Period activity has been fair on the back of paper support - most recently exemplified by 2 x 206kdwt Newcastle max NBs delivering Feb + April 2012 for about 4 years to major energy producers at US$ 18k, 175kdwt/built 2010 delivering Japan early Oct done for 4-6 months at US$ 19k and also 176kdwt/built 2010 delivering N. China early Oct for 4-6 months at US$ 18k.
Source: FEARNBULK
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Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...
Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...
Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...
Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...
Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked
Pakistan risks locking itself into building m ...
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- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
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