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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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Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
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Showing 5526 to 5530 news of total 6871 |
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- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Australian Coal Association
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
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