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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, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
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Showing 5716 to 5720 news of total 6871 |
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- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
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