We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 22 October 14
CAPESIZE MARKET REMAINED UNDER PRESSURE
COALspot.com: The Dry Bulk market closed on the red for yet another week although following Friday sentiment has started to improve on the back of ...
Tuesday, 21 October 14
INDIA'S DIESEL DEREGULATION POSITIVE FOR OIL COMPANIES - FITCH
The Indian government's 18 October decision to deregulate diesel prices will have a positive effect on the national oil marketing companies tha ...
Tuesday, 21 October 14
LOW DEMAND PUTTING COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost on day, week and month.
The swap has lost US$ 1.57 (-3.04%) month on month ...
Monday, 20 October 14
CHINA'S ENVIRONMENTAL POLICIES DO NOT SPELL THE END FOR COAL - WOOD MACKENZIE
China's environmental policies do not spell the end for coal Analysis across energy commodities show coal still accounting for 64% of power mix ...
Monday, 20 October 14
CFR SOUTH CHINA COAL SWAPS FAILED TO PERFORM POSITIVE
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 3.04 (-4.57%) month over month and US$ 1.75 (-2.68%) week o ...
|
|
|
Showing 3416 to 3420 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
|
| |
| |
|
