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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, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...
Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant.
Accord ...
Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...
Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15 vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...
Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
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- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Planning Commission, India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
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