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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 charter average briefly went over the magic US$ 50,000/day mark, and market optimism was carried along by high prices in the FFA market plus strong trading on the Atlantic/Far East coal route. As South Africa entered a second week of strikes, the iron ore market was particularly badly hit with both Kumba (Anglo-American) and Xstrata declaring force majeure.
Suppliers have been able to cover demand with existing stocks but say the impact will be much more severe if the strike continues into a third week. In the steel markets, industry leaders warned prices would have to rise in reaction to the new quarterly ore price agreements, and steel could face new competition from aluminium and plastics. It comes at a time of recovering demand in many western markets. This week Germany reported a more than doubling in steel output to 3.88m tonnes for April compared to the same month last year.
Supramax/Handy
Despite holidays in various parts of the world, sentiment remained firm. Indian demand for Indonesian and Australian coal is still firm, as is nickel ore bound for China. This pushed rates to the high US$ 20,000s for Pacific employment and encouraged owners to ask in excess of US$ 30,000 for short period. That being said, ships open in India are now facing a shortage of ore due to the monsoon and have little alternative but to ballast across to south America where demand on the back of grain and sugar export is still strong. The north Atlantic saw high levels with Supramax asking in the mid US$ 40000s for trip from USG to Continent/ Med and mid US$ 50,000s for trip to the Far East. Handies are still in demand, particularly from the Continent with lots of grain, fertilizers and scrap stems.
Panamax
Overall, the Panamax market was stable in the Pacific and firm in the Atlantic. The TA round voyage closed the week at around US$ 39,000/day, up week-on-week from around US$ 35,000/day thanks to good coal activity out of the USG and grain out of ECSA. On the other side of the ocean the Indian market was quieter this week: WCI-China market is now paying low-mid US$ 30,000s and with the monsoon coming, the market should ease, freeing up some ballasters for the ECSA market. The market for this trade was paying over US$ 35,000 per day for trip to PG/Japan range via ECSA. The period market was active and takers were paying around US$ 32,000/day delivery north China for short period, and US$ 40,000 per day for delivery Atlantic redelivery worldwide.
Capesize
A strong week for the big ships, with the four time charter average breaching US$ 50,000 on Thursday, levels not seen since December 2009. Overall the BCI was up 10% and the 4TC 14%. Gains were partly spurred on by the FFA market, where an estimated 21,000-plus cleared trades were concluded, of which more than 40% were in the Cape market. Trading was heaviest for 2Q and 3Q, helping to push up rates in the physical market, although there was less optimism for later in the year. Rates eased on Friday and Monday although tonnage is still tight in the Atlantic and there is more activity expected from the mining companies this week. Four to six month fixtures were being signed in the low $ 40,000s.
Source: BRS Dry Bulk
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Thursday, 01 August 13
CAPESIZE: THE FLOW OF CARGOES REMAINS RELATIVELY STABLE, AND THE PACIFIC IS LOOKING PROMISING - FEARNLEYS AS
Handy
The Pacific market is still facing low activity, so no wonder that the tonnage list is getting longer. It´s still Ramadan and only a fe ...
Wednesday, 31 July 13
COAL GASIFICATION
IBC’s Coal Gasification conference explores the opportunities for coal gasification investment and development in Asia.
With depleting dome ...
Wednesday, 31 July 13
SUPRAMAX : THE PACIFIC BASIN WAS MOVING ON A POSITIVE PATH - EVA TZIMA
COALspot.com: Cape - Despite holding their ground fairly well early on in the week, Capes in the Atlantic basin gave in to the mounting pressure fro ...
Tuesday, 30 July 13
HARD COAL ON THE WAY TO BECOMING THE WORLD'S MOST IMPORTANT ENERGY SOURCE - VDKI
Press Release : Hard coal continued to be the world’s fastest-growing fossil primary energy source in 2012. It covered about 28% of the world ...
Tuesday, 30 July 13
WIJAYA TRI UTAMA PURCHASES MICROCOAL TECHNOLOGIES' CLEAN COAL UPGRADING FACILITY
- First MCI commercial scale application of proprietary microwave technology to upgrade coal thermal output and reduce pollutants
- MicroCoal to re ...
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Showing 4186 to 4190 news of total 6871 |
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- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- ICICI Bank Limited - India
- The University of Queensland
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- White Energy Company Limited
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Planning Commission, India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
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