We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
|
|
|
Showing 5376 to 5380 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
|
| |
| |
|
