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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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Monday, 15 December 14
INDONESIAN COAL PRICE REFERENCE CRASHES THROUGH $65
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in December. HBA for t ...
Monday, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...
Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...
Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The Baltic Dry Index (BDI), a measure of commodity-shipping costs, fell 12.12 pct to 863 points week ending 12 December 2014.
Th ...
Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...
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Showing 3311 to 3315 news of total 6871 |
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- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- White Energy Company Limited
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
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