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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, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
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- Parliament of New Zealand
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
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