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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, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...
Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
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Showing 5486 to 5490 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Planning Commission, India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
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