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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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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
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Showing 5651 to 5655 news of total 6871 |
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- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Australian Coal Association
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
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