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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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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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Showing 5481 to 5485 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Planning Commission, India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- VISA Power Limited - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
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