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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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Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
Tuesday, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie
At Coa ...
Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...
Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...
Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...
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Showing 5351 to 5355 news of total 6871 |
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- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Parliament of New Zealand
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
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