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Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballasters busy. Supramax vessels open in USG are now achieving mid 40´s to the F.East, USD 12500 from Cont to USG. T/A rounds remain in low/ mid 20´s. Handymax tonnage ex Bl.Sea is achieving mid 30´s fronthaul, Supras low/mid 40´s. Short period activity is slow. The outlook is for stable conditions. The F.East market was steady during the last week. For Pacific rounds Supras can achieve around mid 20´s for coal or nickel ore biz, for Indo/India coal trips they were fixed in the mid/high teen´s. Because of upcoming monsoon season some owners seem not willing to discount for such trips.
Period: for short period Supras trading in the mid 20´s. The Indian market for iron ore trips from WCI to China is quiet, Supras trading around 30K. For Richards Bay rounds back to India Supras were fixed at mid 20´s.
Panamax
The Panamax market experienced a sit back and watch scenario from both owners and charterers end last week and into the start of this week. There was no clear sign on where the market was going although the underlying sentiment was firm. Several grain cargoes from ECSA and coal from USEC entered the market this week and the tonnage supply is tight for prompt dates. Ballasters from the F.East fixed in region of usd 32,000 daily for ECSA/F.East cargoes on May dates. Pacific R/Vs are fixing in the upper 20 ´s. Tarv´s was fixing low 30´s and fronthauls mid 40´s. The firming spot market is also giving support to the period market. Rumors have it a 73k dwt was fixed on subs for 2 years trading at usd 24,000 daily with delivery PMO.
Capesize
The market has had a depressing week with rates falling across the board. Little or no period interest has been seen. Iron ore pricing agreements, combined with low freight rates have spurred some new selling, or at least putting ore on the water from Brazil, and we have seen Vale conclude a few vessels at low usd 23 (even usd 22 for overaged tonnage). The focus is on early ballasters, and as such little has emerged in terms of real direction for May, though the sentiment, backed by the paper market, is for an improvement in the rates. The Atlantic market still remains quiet and owners accepting lower than Pacific levels for the first time in a long time. Looking forward we are cautiously optimistic that there will be a small improvement in the near future.
Source: FearnreSEARCH
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Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
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- GAC Shipping (India) Pvt Ltd
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- Larsen & Toubro Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Bangladesh Power Developement Board
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- Tamil Nadu electricity Board
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- IEA Clean Coal Centre - UK
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- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
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- Kohat Cement Company Ltd. - Pakistan
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- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
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- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
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- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
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- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
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- Indo Tambangraya Megah - Indonesia
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- New Zealand Coal & Carbon
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
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- Power Finance Corporation Ltd., India
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- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
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- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
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- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
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- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
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- Coal and Oil Company - UAE
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- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- The University of Queensland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
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- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
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- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Ind-Barath Power Infra Limited - India
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- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
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- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
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- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
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- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Xindia Steels Limited - India
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- Coastal Gujarat Power Limited - India
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- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
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