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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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Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
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Showing 4986 to 4990 news of total 6871 |
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- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Minerals Council of Australia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
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