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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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Saturday, 28 July 12
CAL 2013 COAL SWAPS ARE HIGHER COMPARED TO SEPT 2012 PRICES
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 0.47 percent on Friday (27 July 2012) closing DoD but lost 0.90 ...
Friday, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy
The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG t ...
Wednesday, 25 July 12
BUKIT ASAMS H1 REVENUE JUMPED BY 13 PERCENT
COALspot.com - PT Bukit Asam (Persero), Tbk., the state owned coal miner's revenue in H1 2012, has jumped 13 percent to IDR 5.79 trillion (approxim ...
Wednesday, 25 July 12
BUMI RESOURCES MINERALS SECURED PINJAM PAKAI FOR ITS ZINC AND LEAD PROJECT
COALspot.com - PT Bumi Resources Minerals Tbk. ("BRMS" or "the Company") today reported that its 80% owned subsidiary, PT Dairi ...
Tuesday, 24 July 12
SHIP OWNERS WAITING FOR SHIP PRICES TO FALL FURTHER BEFORE MOVING IN MORE AGGRESSIVELY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the summer season already well under way and many ship owners getting ready for the autumn, the sale & purchasing activity of second hand v ...
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Showing 4641 to 4645 news of total 6871 |
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- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
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