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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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Friday, 07 March 14
INDONESIA TO PRODUCE 421 MMT OF COAL IN 2014
Coalspot.com: Indonesia finally agreed to increased 2014 coal output by as much as 6 percent to 421 million metric tons from its previous plan, a se ...
Friday, 07 March 14
US PRODUCED 19.4 MMST OF COAL IN PAST 7 DAYS, SAYS EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.4 million short tons (mmst) of coal in ...
Thursday, 06 March 14
PANAMAX MARKET IS STRUGGLING IN BOTH HEMISPHERES - FEARNRESEARCH
Handy
The Handy/Supra market experienced a rate increase in the Pacific. The activity itself is not too big, but spot tonnage is clearing up and ow ...
Wednesday, 05 March 14
THE BIG BULKERS HAVE IN FACT WITNESSED SIGNIFICANT IMPROVEMENTS IN BOTH BASINS
The BDI continues to gain back some of the lost ground, although in reality there isn't a lot to celebrate abou ...
Wednesday, 05 March 14
LEAVE IT TO CAPES TO CHANGE THE DIRECTION OF THE DRY BULK MARKET - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable+)
Leave it to Capes to change the direction of the Dry Bulk market. The big bulkers managed to drag the BDI ...
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Showing 3816 to 3820 news of total 6871 |
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- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- The University of Queensland
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
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