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Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid 50´s to the FEast and there is more petcoke moving ex USG. T/A rounds at mid 20´s. Handymax tonnage ex Bsea is achieving mid 30´s fronthaul and Supras low/mid 40´s. Solym was rumoured to have taken the Maha Avanti dely Wafr for 5/7 mos redel Atlantic at USD 27500. Handies (27/28000 dwt) now achieving rates around usd 20000/day to stay in Atlantic, a 23000 dwt was rumoured fixed 20000 for sugar via Brazil to SE Asia. The outlook is for stable conditions. The FEast was stable during the last week. For Pacific rounds Supras were fixed in the mid 20´s. For Indo/ India coal trips Supras can achieve low 20´s. For short period Supras trading in the mid/high 20´s. The Indian market for iron ore trips from WCI to China picked up some activity and Supras trading in the low/mid 30K. For South African rounds back to India Supras can achieve around mid 20´s.
Panamax
Panamax spot market has fallen back slightly over the last week although on low volume indicating resistance. With a still active period market and FFA market falling only marginal the spot market turned early this week to gain strength in both basins well supported by the re bounce in the Cape sector. Fresh grain requirements are still coming out, activity has increased, but market comeback could be just as much sentiment driven. Pacific rounds were fixed just under the 30.000 mark for NOPAC/Auisse rounds and even long hauls for ECSA. Atlantic rounds descending towards low 30.000 and fronthaul fixed at low 40.000´s until picking up a few thousand dollars all over. Period market is still active both for short period like 4-6 but also for both 1 and 2 years charter around 28 and 24+ respectively. The FFA market took a breather after a nice re bounce on Tuesday which could indicate we still see room for upside in Panamax freight levels.
Capesize
Activity and rate levels picking up dramatically on the back of increased demand - originating from Atlantic in particular - concurrent with persistent rumours that ore negotiations are coming to conclusion. Tubarao/China fronthaul rates are up 43% in terms of daily earnings to usd 63000, whilst the W.Australia/China conference trade is up 21% to come in at usd 34000/ day. Average daily earning stand at usd 38500, up usd 11000 w-o-w. Spot improvement is supported and partly driven by paper trades, with a resultant revived period interest from major players. Representative fixtures include 169000 dwt/2009 open China early May securing 12 months at usd 34500, 170000 dwt/1999 open China ppt doing 3.5-5 months at usd 34000, and 174000 dwt/2006 open China mid May fixing 12 months at usd 33500.
Source: FearnreSEARCH
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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- Planning Commission, India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
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- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
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- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
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- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
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- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- White Energy Company Limited
- PTC India Limited - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
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