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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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Sunday, 07 September 14
FREIGHT MARKET CONTINUED TO BE FIRM IN SPITE OF CAPE'S THIS WEEK'S WEAK PERFORMANCE
COALspot.com: BDI up by 0.7 pct week on week and closed at 1155 points this week. The Baltic Dry Index is a composite of three sub-indexes that mea ...
Sunday, 07 September 14
SHIPMANAGERS SUPERVISION CONTRACT FOR NEWBUILDS - BIMCO
Shipmanagers are frequently called upon by their owner clients to supervise newbuilding projects on their behalf. The scope of the manager’s ...
Saturday, 06 September 14
SLOW COAL EXPORT REGISTRATION RAISES CONCERNS - THE JAKARTA POST
Several coal mining companies have yet to receive the go-ahead from the Energy and Mineral Resources Ministry to obtain exporting licenses, leading ...
Saturday, 06 September 14
DRY BULK MARKET'S PROSPECTS ARE IMPROVING, DESPITE WEAK SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been rebounding during the past month, with the Baltic Dry Index (BDI) ended the week on a high note, reaching 1,155 points ...
Saturday, 06 September 14
INDONESIA WANTS TO REGULATE COAL DEALS - THE TELEGRAPH INDIA
Indonesia has raised concerns about suspected coal deals struck between overseas buyers and its unregistered domestic miners, the telegraph India r ...
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Showing 3501 to 3505 news of total 6871 |
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- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- The University of Queensland
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- White Energy Company Limited
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
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