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Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
 Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, and a mid-week surge in paper rates also pushed the physical market higher. The World Steel Association (WSA) offered some optimistic news for European steel demand, predicting demand in the region would rise 20% during 2010. It also raised global growth forecasts up from 9% to 10% for the year, which will return the market back to 2008 levels. However the WSA warned that while the reactivation of many European blast furnaces was encouraging news, there were concerns of premature re-starts. It added that some steel business had been lost to Europe forever. The BRIC countries have now increased their global market share from 50% in 2008 to 58% in 2009, a figure which is forecast to rise again to 60% in 2010.
Supra/Handy
In the Atlantic the market stayed firm, mainly supported by a healthy amount of grain stems out of ECSA. Overall the rates went up steadily, gaining 5% on the Handy sizes and well over 10% on the Supras. For Handy sizes a TARV is now worth in the low US$20,000s, while a trip ex Black Sea to the Far East was in the high US$20,000s. For Supras a TARV was worth in the mid/high US$20,000s, while trips with delivery WAF via ECSA to the Far East are now worth in the low US$40,000s. A trip from the Black Sea east via Suez is now worth in the mid US$40,000s. The Pacific Supra market also continued on its upward path from the previous week, where Nopac and Aussie rounds were the movers and shakers. They closed the week in the region of mid/high US$20,000s to US$30,000, depending on specs and positions, which is up from the high teen/ low-US$20,000s at the start of the week.
Indonesia round voyages were getting between high teens and low US$20,000s, and picked up towards the end of the week. India continued to be extremely firm, maintaining rates in the low US$40,000 on the west coast, and mid US$30,000s on the east coast for non-Haldia positions. Haldia vessels were getting mid-high US$30,000s. There was lots of short period activity seen, with Supras fixing in the mid to mid/high US$20,000s for short period, and low-mid US$20,000s for 1 year, with deliveries in the Far East.
Panamax
The Panamax market saw substantial increases in both basins last week, and the Baltic Panamax Index rose by 4% to reach 4,177 points. There was continued tightness in the Atlantic, which saw levels rise by around US$3,000-US$4,000 for transatlantic/fronthaul business. Conditions in the Pacific were less dramatic although rates here also jumped by about US$1,500-2,000 for Pacific round voyages. With the market moving up, the period market saw some activity and a 73,000 dwt vessel was reported taken for two years at US$25,000/day, while one year periods was being fixed at around US$26,000/day.
Cape size
Another rise in Cape size rates last week, with the BCI jumping 10% to 4,328 points. The four time charter breached the US$40,000 mark again and finished the week at US$41,877 per day. A surge in paper rates near the end of the week also pushed rates up, as a tight tonnage situation plus a lack of cargoes created good anticipation for the short-term future. 2Q 2010 FFA rates closed on Friday at US$41,125/day. This bullishness also prompted some activity in the period market and a 2010-built 180,000 tonner was reportedly taken for one year at US$37,750/day. The BCI climbed 83 points on Monday.
Source: BRS Dry Bulk
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Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
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Showing 5926 to 5930 news of total 6871 |
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- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- PTC India Limited - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
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