We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 02 April 14
CHINA: ARBITRATION CLAUSES IN BILLS OF LADING UNDER CHINESE LEGAL PRACTICE - SKULD
KNOWLEDGE TO ELEVATE
Successful incorporation of a charterparty arbitration clause into the bills of lading is not a straight forward matte ...
Wednesday, 02 April 14
BPI BREAKING BELOW THE 1,000 PSYCHOLOGICAL LEVELS - INTERMODAL
Any resistance put forth by the Dry Bulk market the week prior was succumbed this time round. All indices slid and losses were noted across the ...
Tuesday, 01 April 14
NEWCASTLE PORT SHIPPED 11.95 MILLION TONS OF COAL IN MARCH 2014
COALspot.com: In the week ended 31 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...
Monday, 31 March 14
SHIPPING CONFIDENCE HITS HIGHEST LEVEL SINCE 2008 - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for almost six years in the three-month period to February 2014, ...
Monday, 31 March 14
COAL SWAP FOR Q1 2015 DELIVERY HAS CLOSED 4.76% HIGHER COMPARED Q2 14 CLOSING
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 gained this pa ...
|
|
|
Showing 3771 to 3775 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- The University of Queensland
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
|
| |
| |
|
