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Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
 SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. Rates were under pressure in both basins due to a lack of prompt stems. In the Continent, Supras are getting low/mid US$ 30,000s for a TCT to the east Med with scrap. In the USG a modern 53,000 tonner was fixed at US$ 38,000 with redelivery in the Continent - about US$ 10,000 less than the previous week. In Brazil, most of the grain exporting ports have around 2 weeks congestion. Supras are getting high US$ 20,000s per day basis delivery west Africa redelivery Skaw/ Passero.
With India as the backbone of the Pacific recently, March loaders were able to get the higher numbers, with ships fixing in the low US$ 50,000s on the west coast, mid US$ 40,000s on the east coast, both for trips China, and ballasters from China/Far East loading in India in the region of mid to midhigh US$ 20,000s.
This kept the Pacific firm for the first half of the week, together with a number of stems out of Nopac and Australia (around mid US$ 20,000s), and Indonesia (high teens to low/mid US$ 20,000s). However, rates came off towards the end of the week, as vessels that could make March dates were fixed, and the market took a breather on April positions. Owners were still bullish on short period numbers, with many talking mid to mid/high US$ 20,000s for deliveries in the Far East, but charterers in general were not ready to pay those levels.
PANAMAX
The Panamax market witnessed a substantial correction as rates tumbled across both basins, as the BPI dropped 379 points and the average of the 4 time charter routes fell US$ 3,034 on the week. Weaker sentiment and a lack of fresh enquiry, together with a lack of support both from the paper market and the Capes, succeeded in pushing rates down. The Atlantic saw round voyage rates slip to the low US$ 30,000s region and upper US$ 20,000s for the equivalent round voyage in the Pacific basin. There was very little period activity of note to report as charterers backed away with paper values falling. With Easter holidays in Europe at end of this week pending, one would expect to see a similar trend in the market with sentiment still down.
CAPESIZE
A less dramatic drop in Capesize rates this week, with the BCI losing 8% and the four time charter average dropping 11% to finish the week at US$ 28,542/day. Despite falling congestion in China, weather problems in Australia have kept delays there high and around 85 Capes are reported to be anchored outside the main Australian ports with wait times of well over a month ahead of them. Weak demand on the Atlantic penalised that market, although conditions were better in the Pacific. By week end, it appeared conditions had stabilized, with the BCI losing just 4 points on Friday, and rising marginally by one point on Monday. Short period business was also concluded at rates above the spot market, with a 178,000 tonner reportedly taken ex yard in April for four to six months trading at US$ 37,000 per day.
Source: BRS Dry Bulk
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Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal in July 2011, up by 10.69 percent compared to June's export of about 28.27 ...
Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...
Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...
Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...
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Showing 5131 to 5135 news of total 6871 |
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- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Thai Mozambique Logistica
- Planning Commission, India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- The University of Queensland
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
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