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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. Supramax vessels open in USG are now achieving low 50´s to the Med and mid/high 50´s to the FEast. Handymax tonnage ex Bsea achieving high 30´s fronthaul, supras high 40´s. The immediate outlook is for flat/stable conditions. In the FEast, despite the holidays, the market remained firm with an upward sentiment.
For NoPac rounds ex N.China expect mid/high 20´s, and a tick less for Indo/India and Indo/China coal trips.
Activity on WCI is slowing with the Monsoon fast approaching, WCI to China mid/high 30´s and low 30´s for trips via R.Bay. The period market was still firm, for short period Supras trading high 20´s. Chinese coal production is booming after the harsh winter.
Panamax
The Panamax market left last week on a positive note with high activity ww. The trend continued into this week with firming rates, giving support to the period market. It was concluded several short period fixtures and mid week it is rumored a few 10/12 months deals being concluded in the Atlantic at levels ard usd 32,500 and 28k in the Pacific.
Pac rounds are fixed at usd 34k and ows asking 35k for same. Atl rounds getting high 30´s and fronthauls in the mid 40´s range. In Feb, India exported more iron ore to China than Brazil did. Monsoon season is kicking in there now so this will be limited until September.
Capesize
An interesting week with firming rates all over! The Pacific market remains strong with a current Australia - China market in the high USD 13s.
For fronthaul, rates improved to mid 30s earlier this week. These relatively strong numbers are well supported by an active short period market improving from mid 30,000s to close to mid 40,000s in one week. The main drivers this time is as always the FFA market, along with more coal cargoes from the Atlantic to the Far East.
Source: FearnreSEARCH
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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
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