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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, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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Showing 5731 to 5735 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Australian Coal Association
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
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