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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, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
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- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
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- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
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- Bangladesh Power Developement Board
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- Tamil Nadu electricity Board
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- The University of Queensland
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- Indian Oil Corporation Limited
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- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
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- Energy Development Corp, Philippines
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- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
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- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
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- Ministry of Transport, Egypt
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- Economic Council, Georgia
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- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
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- Australian Coal Association
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- Siam City Cement PLC, Thailand
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- Romanian Commodities Exchange
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- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
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- Lanco Infratech Ltd - India
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- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
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- Chettinad Cement Corporation Ltd - India
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- Ministry of Finance - Indonesia
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- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
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- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
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- Parliament of New Zealand
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- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Eastern Energy - Thailand
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- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
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