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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, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 ...
Monday, 05 December 11
SGX LAUNCHED IHS MCCLOSKEY/XINHUA INFOLINK OTC CFR SOUTH CHINA COAL CONTRACT TODAY
COALspot.com - In order to meet the demand of the coal industry for an effective coal hedging tool with counterparty credit risk mitigation facility ...
Monday, 05 December 11
DRY BULK RATES LOOKING TO EXTEND GAINS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize dry bulk carrier owners have had a great week, with rates rising for six straight sessions (including the end of the week before that). As ...
Sunday, 04 December 11
SUPRAMAX TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7500 - 8000 PD
COALspot.com - The BDI and Cape index recovered this week. The BDI was up by 3.26 pct and Cape index saw a big jump and closed at 3409 points (up by ...
Saturday, 03 December 11
BORNEO TO SPEND US$600 MIO CAPEX - INSIDER STORIES
Insider Stories reported that, Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) plans to spend US$600 million capital expenditure ( ...
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Showing 4946 to 4950 news of total 6871 |
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- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
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