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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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Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...
Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks.
Bank of Tokyo Mitsubishi ...
Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...
Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...
Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy.
Shareholders will get a combine ...
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Showing 5871 to 5875 news of total 6871 |
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- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
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