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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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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- The University of Queensland
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
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