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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$37,750/day. The BCI climbed 83 points on Monday.
Source: BRS Dry Bulk
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Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
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Showing 5956 to 5960 news of total 6871 |
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- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- ICICI Bank Limited - India
- The University of Queensland
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Parliament of New Zealand
- Australian Coal Association
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
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