We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
 Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at USD 29,491 on Monday. Lack of tonnage in USG pushing rates above 50,000 USD mark for Supras. Less transatlantic business though.
Outlook: Firm conditions in the Atlantic set to continue. The Far East market continued to firm. For Pacific rounds Supras trading in the high 20´s/low 30´s, for NOPAC rounds Supras can achieve in the mid/high 20´s and for Aussie Rounds around low 30´s. For Indo/India coal trips Supras have seen around low/mid 20´s. The period market was quite active, for short period Supras were fixed in the high 20´s/ low 30´s.
The Indian market was quiet, but because of the tight tonnage situation still firm. For iron ore trips from WCI to China Supras trading in the low/mid 40´s and Supras open ECI can achieve high 30´s/low 40´s for trips to China.
Panamax
Still increased activity from ECSA contributed to further strength and firm Panamax sector, where ballasters from Fareast have fixed at 33k levels for full r/ v. Lack of tonnage made room for further strength, and front haul from the Atlantic has been fixed from the mid 40k levels even up to mid 50k level for voyage basis Cont. or Black Sea positions. Pac r/v fixed at low 30k and India to China above the very healthy 50k mark.
The period market is still active with short period levels typically in the mid 30k range for Fareast positions, above 40k for Atlantic positions and very high 20k for one year. Takers are also there still for 2 years at 22k/day. The FFA market has been moving sideways under pressure from the Cape market but holding levels with the firm physical market conditions. It seems the underlying optimism for Q2 is still around supported by the grain market, although under question with an expected reduction in the Coal market and a ratio to the Cape market in the relatively low 1.2 range.
Cape size
Last week started off with much uncertainty until Wednesday, when the market suddenly raised, mainly due to increased activity in the Fareast by RioTinto, BHP, and FMG. Highest done for Australia to PRC was USD low 14s pmt, however this week the charterers are inactive and the rates dropped to USD low 11s pmt.
The front haul market was improving last week as well, mostly due to the overall sentiment, however number of ballasters and early ships compared to absence of early cargoes have resulted in rates decreased from low USD 30 pmt to approximately USD 26 pmt. Apparently still a lot of uncertainty also related to the ongoing price negotiations of iron ore, however there are some signs that iron ore stock piles in PRC are decreasing and more activity is expected for this spring.
Source: FearnreSEARCH
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
|
|
|
Showing 5841 to 5845 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Australian Coal Association
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Parliament of New Zealand
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
|
| |
| |
|
