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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, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...
Friday, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY).
...
Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipm ...
Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy
The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf di ...
Thursday, 19 April 12
WILLIS MARINE MARKET REVIEW FORECASTS ANOTHER DIFFICULT YEAR - WILLIS GLOBAL MARINE / HELLENIC SHIPPING
After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the ...
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Showing 4761 to 4765 news of total 6871 |
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- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- PTC India Limited - India
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
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