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Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
 It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm however, so a big slide was not expected in the short term. In the coal market, South Africa’s Richards Bay terminal confirmed a sharp rise in Asian exports, which rose to 42% of total shipments in the first quarter of this year, up from 25% a year earlier – due mainly to Chinese and Indian demand. In Europe, Thyssenkrupp became the first European buyer to confirm it had agreed an iron ore price on a quarterly basis. In line with the Japanese contracts, it also reported a 100% price increase, back-dated to April 1. Meanwhile China confirmed steelmaker Pangang Group would be combined with Angang Steel and Benxi Iron and Steel. The merger will create the country’s largest steel group.
Supra/Handy
The Handy/Supramax markets stayed firm and stable in the Atlantic throughout the week, while in the Pacific basin the market was also healthy but with less activity and a softening tendency. Supramaxes from West Africa were fetching close to US$ 30,000 per day for trips via ECSA to Continent and closer to low US$ 40,000s for trips out to the East. The USG and ECUS also remained very firm with trips USG to the Med paying in the high US$ 40,000s, and above US$50,000 for trips out. Scrap cargoes from the Continent to the Med are paying Supramax units in the low US$ 30,000s TC equivalent.
The transatlantic round on Supramax was negociated in the low US$ 30,000s level towards the end of the week. Looking at the Pacific market now, India softened during the week with WC stems to China paying in the very low US$ 30,000s TC equivalent on large units and about the same levels from EC India. Supras for Richards Bay rounds back to India were paying in the mid/high US$ 20,000s and it is becoming difficult to persuade owners to finish trips in WC India with Monsoon kicking in.
Nopac and Aussie rounds saw larger units fixed in the low-mid US$ 20,000s, while Indonesia/India and Indo/China rounds were fixed closer to mid US$ 20,000s level depending on delivery point. There were few short period candidates in the Far East but large Supras are seeing close to mid US$ 20,000s levels.
Panamax
A continued slump in the market saw rates slip further on the week. The BPI fell 7% to finish the week at 3,757 points, while the four time charter average closed at US$ 30,239. The Atlantic lacked any fresh enquiry and although there was a clear-out of early tonnage, rates remain under pressure for now, although charterers with stems ex north Continent found tonnage a lot more positional. In the Pacific, the South American grain market continued to serve tonnage out east but again here rates had slipped to around US$ 28,000. The Australia and north Pacific round voyages too came off with less fresh enquiry and deals were being fixed at close to the US$ 30,000 mark. The longer term period market saw a 12 month deal concluded with delivery in the east for prompt dates at a steady US$ 28,000 level.
Capesize
An 8% leap in the four time charter average this week, with rates finishing the week at US$ 28,441. The rise was mainly achieved on the back of strong Atlantic rates where activity picked up noticeably. There was again little period business although a 177,000 dwt vessel ex yard in May was reported fixed at 2 years for US$ 31,500. The market will continue to watch what impact the new, higher commodity prices will have on demand. The BCI inched up 39 points on Monday, with some expectations of a further increase this week.
Source: BRS Dry Bulk
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Thursday, 09 July 15
CPP MARKET : POSITIVE IN THE SHORT TERM - GEORGE VASTARDIS
Despite the traditionally quieter summer period, the clean tanker market has so far experienced healthy activity especially East of Suez. Increased ...
Thursday, 09 July 15
LACK OF FRESH BUSINESS IN THE PACIFIC LEFT CAPESIZE RATES MOVING SIDEWAYS - INTERMODAL
COALspot.com: Intermodal ship broker says in its weekly report that, a different picture from what we saw the previous week was painted during the ...
Wednesday, 08 July 15
RIO TINTO'S MODERNISED KITIMAT SMELTER BEGINS PRODUCTION; KITIMAT BECOMING ONE OF THE LOWEST COST SMELTERS IN THE WORLD
COALspot.com: Rio Tinto is preparing its first shipments of metal from its world-class Kitimat aluminium smelter in Canada following an extensive m ...
Wednesday, 08 July 15
Q3'15 INDONESIA COAL SWAP DECLINED 3.14% MONTH OVER MONTH
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week.
The Q3 swap was declined $ ...
Tuesday, 07 July 15
FOB RICHARDS BAY COAL SWAPS DECLINED WEEK OVER WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week.
The Q3 swap was down US$ ...
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Showing 2936 to 2940 news of total 6871 |
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- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- White Energy Company Limited
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
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