We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
 There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 (+2.6%), the BPI 1,913 (+10.8%), BSI at 1,533 (+2.3%) and the BHI progressed to 774 points (+4.6%).
Capesize
A surprise jump in rates was recorded in the latter part of the week despite the week-long holidays in China. W-o-w the 4TC average rose nearly 5% to $27,876 per day. Rio Tinto was busy in the Pacific and a reported $11.35 was reached for one fixture for October loading, with around $10.70 proving to be the average for the week. South African coal proved another active area, while Atlantic tonnage was yet again tight, and again gains here showed the biggest increase. This activity resulted in a firming in the near-period FFA rates and Q4 finished with a near 13% gain compared to the previous week. The 4TC rose another $600 on Monday, with sentiment fairly positive for the week ahead.
Panamax
The Atlantic basin tightened over the week, with notable support emanating from the USG where enquiry remains healthy. Both TA and front haul rates improved notably (an increase of $1,341 on 1A and $1,683 on 2A indices between 30/09/11 - 07/10/11). The Pacific market also appeared tighter, in large part due to the holidays in Asia but also as a result of significant numbers of ballasters having sailed to the Atlantic in search of fresh business. Pacific rounds exhibited strong underlying support, with the 3A index rising by $2,281 over the week. Looking further forward however, there may be some expectation for additional tonnage from the East to weigh down on TA rates, although the market appears stable for the time being. There has also been a notable increase in the volume of open market tonnage in the Pacific at the beginning of the new week, suggesting that the recent upward trend may begin to stabilize a touch.
Supramax/Handy
The Baltic Supramax Index went up by 32 points to finish at 1,533 points last week, while the average of the time charter routes gained about $400 daily to finish at $16,000 per day.
The market remained steady with many players closed due to holidays and celebrations in the Far East. The market was active in the Atlantic however with scrap out of the Continent and more and more freshly added grain/sugar cargos ex-ECSA. Ballasters coming from the Pacific / Indian Ocean helped to balance the rates for the vessels suffering from fewer cargoes in India / Far East. On the other hand, more and more interest for Supramaxes on short / medium period helped to sustain the market.
On the smaller sizes, the Baltic Handysize index went up by 23 points to finish at 774 points with the time charter routes gaining $300 to reach $11,270 daily. The Atlantic and the Pacific levels are becoming quite balanced, and the TARV is worth $11,500/ day today, whereas the Pacific round voyage is valued $11,000 daily. On the period front, we saw interest on both middle period of 1 year and short period. A 57,000 dwt recently built vessel fixed for 12 months trading delivery Far East at $13,750 daily with worldwide redelivery, while short period reached levels close to $14/14,500 daily.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 17 November 20
AUSTRALIAN COAL EXPORTS TO CHINA SLUMP, BUT PRICES ARE MIXED - REUTERS
China’s unofficial ban on coal imports from Australia is starting to take its toll on volumes, with departing cargoes down sharply so far in ...
Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.
The global shipping industry is on course to perform better overall than we had previously ex ...
Friday, 13 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and ...
Monday, 09 November 20
SOUTH AFRICA: COAL MARKET CONDITIONS HAVE ' DETERIORATED MATERIALLY' - IEEFA
The Asian seaborne thermal coal pool is drying out
Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine i ...
|
|
|
Showing 736 to 740 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
|
| |
| |
|
