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, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...
Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...
Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...
Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Et ...
Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...
|
|
|
Showing 4866 to 4870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
|
| |
| |
|
