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Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yesterday a positive increase of 26 points which bodes well for the rest of the week. Today we see more activity. Atl. markets remain firm and our outlook is that these conditions are set to continue. With the Grain season kicking off ex ECSA, Supras get healthy rates of usd 35k + 500k BB bss dely N.Brazil to F.East or usd 35k bss dely S.Afr. Trips via Baltic to E.Med pays usd 33k for h.maxes. A quiet USG for the last weeks - rates fell from usd 50k+ levels to low 40´s for trips to the F.East. The Bl.Sea remains firm and tonnage is tight. The F.East market started firming during the last week. For Pac. rounds Supras can achieve low/mid 20´s - NOPAC mid 20´s, for Indo/ India coal trips they were fixed in the mid/high teen´s. For short period Supras were fixed for low/mid 20´s. Iron ore trips from WC India to China is quiet, Supras trading in the very low/mid 30´s, for Rich.Bay rounds Supras were fixed at mid 20´s.
Panamax
The activity in the Panamax market came to a halt and volume was low during the Easter holidays. Despite the softening Cape segment Panamax levels maintained relatively strong with Atlantic r/v done at low 30000s and fronthaul still at healthy low/mid 40000/day. Some fresh requirements in the Pacific and ECSA grain longhauls kept Far East positions just around the 30000 mark although a few NOPAC and Far East positions were caught at the high 20´s after Easter. With a period market still alive and FFA - Q2 in particular gaining strength, Panamax may still have potential to move up short term forward.
Capesize
There has been anticipated an improvement in rates just after Easter for the last couple of months. But we are still waiting. There was however a spike last week with front haul close to USD 28 and Australia r/v close to USD 11 pmt. Due to lack of activity and general uncertainty, rates are now further down and front haul rates currently in the 26 region and Australia to China very low USD 10s. The news that China will stop all purchase of iron ore from the big three creates further uncertainty; whether they actually will go ahead - and further, what will be the impacts. Although there is more tonnage around and lack of requirements, the general sentiment still expects improved rates within the near future.
Source: FearnreSEARCH
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Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
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- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
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