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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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Wednesday, 03 September 14
KOREA MIDLAND POWER CO. LTD INVITES BIDS FOR 1 MMT OF BITUMINOUS & SUB-BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: KOMIPO again in the market for 1 million tons of 5700 NAR and 4600 NAR coal for Jan – March 2015. South Korean state-owned util ...
Wednesday, 03 September 14
CFR S.CHINA COAL SWAP FOR JAN 2015 DELIVERY CLOSED AT $ 68.30 PMT; DOWN 2.43% W-O-W
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 0.95 (-1.39%) day on day and US$ 1.40 (-2.03%) week on wee ...
Tuesday, 02 September 14
BERAU COAL HAS AWARDED A CONTRACT EXTENSION TO BUMA FOR 647 MLN BCM OVERBURDEN REMOVAL
COALspot.com: PT Delta Dunia Makmur Tbk (“DOID”) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama (&l ...
Monday, 01 September 14
GLOBALCOAL WELCOMES TWO NEW MARKET MEMBERS
COALspot.com: globalCOAL® announced today that two Market Members have joined its trading community. Both new Market Members are from the India ...
Sunday, 31 August 14
COAL FREIGHT RATES INTO INDIA FROM INDONESIA FIRM
COALspot.com: The freight market continued to firm this week. BDI up 5.42 percent week ended 29 August and closed at 1147 points while the Ca ...
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Showing 3511 to 3515 news of total 6871 |
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- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- The University of Queensland
- Planning Commission, India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
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