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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, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down.
The BDI was up down by 4 ...
Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
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Showing 4961 to 4965 news of total 6871 |
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- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- White Energy Company Limited
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Kobexindo Tractors - Indoneisa
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