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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, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
Wednesday, 18 June 14
CHINESE STEEL PRODUCTION SETS RECORD DURING FIRST TEN DAYS OF JUNE - COMMODORE RESEARCH & CONSULTANCY
Recently released data shows that average daily crude steel production at China's key steel mills hit a record high of 1.833 million tons durin ...
Wednesday, 18 June 14
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Back in January the expectations for Q3 and Q4 were more than great. Talks and claims for a rising BDI and a healthy market were coming from everyw ...
Tuesday, 17 June 14
DRY BULK FREIGHT RATES TO RISE DURING THE SECOND HALF OF 2014, AS CHINA IS EXPECTED TO START IMPORTING MORE IRON ORE FROM BRAZIL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its latest analysis of the dry bulk market, BIMCO said that it doesn’t expect freight rates to react significantly to increased demand bef ...
Monday, 16 June 14
INDONESIAN COAL SWAPS FOR Q3 DELIVERY FALL 2.34 % MONTH ON MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
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Showing 3651 to 3655 news of total 6871 |
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- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- PTC India Limited - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- White Energy Company Limited
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
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