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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, 14 July 14
SGX CFR SOUTH CHINA COAL SWAP FOR Q3' 14 LOST 17.29% SINCE EARLY JANUARY 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. API 8 CFR South China Coal swap for delivery in Q3 drops U ...
Sunday, 13 July 14
PANAMAX INDEX GAINS SLIGHTLY THIS WEEK; CAPE INDEX FALLS ALMOST 21.40%
COALspot.com: This week the freight market fell again after gaining last week. The cape index was down almost 21.40 pct and closed at 1465 points.
...
Friday, 11 July 14
EUROPE HAS A SUBSTANTIAL SURPLUS IN COAL SUPPLIES; RENEWABLE ENERGIES ARE REDUCING THE FULL-LOAD OPERATING HOURS OF HARD COAL-FIRED POWER PLANTS - VDKI
COALspot.com: General conditions for coal-fired power plants must be improved if the energy turnaround is to be a success, said German coal importe ...
Friday, 11 July 14
DR.CIESLIK RE-ELECTED AS CEO OF GERMAN COAL IMPORTER ASSOCIATION (VDKI)
Press Release : Dr Cieslik re-elected as CEO of German Coal Importer Association (VDKi) for the period 2014 – 2018. The German Coal Importer ...
Friday, 11 July 14
PORT OF NEWCASTLE SHIPPED $ 1.031 BILLION WORTH OF 11.744 MILLION TONS OF COAL IN JUNE 2014
COALspot.com: Port of Newcastle has shipped 11,744,396 tons of coal for the month ended 30 June 2014. According to Port’s monthly report, YTD ...
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Showing 3606 to 3610 news of total 6871 |
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- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- PTC India Limited - India
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Australian Coal Association
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
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