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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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Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...
Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...
Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points.
The cape index was up by 1.17 pct closing at 1,633 point ...
Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...
Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...
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Showing 4721 to 4725 news of total 6871 |
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- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
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