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Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
 A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day however, and average rates this year are still higher than in 2005 and 2006. Continued strength in coal demand is underpinning this market. This week Deutsche Bank predicted thermal coal would be the next booming cargo for Australia. Simultaneously Russia reported a tenfold growth in coal exports to China in 1Q 2010. Tight coal markets may be further affected by conditions in Indonesia where a combination of growing domestic demand and new environmental limitations could curb exports. According to a government spokesman, domestic coal demand could double in the next five years as the country adds new powergenerating capacity.
Supramax/Handy
The market softened at a steady pace in both basins, although Handies in South East Asia and the Far East showed more resistance. There were fewer and fewer requirements coming out of ECSA for the larger stems. Supramax units open South Africa managed to get close to midUS$30,000s from West Africa to the Far East via Brazil, and about US$26-27,000 for trip ending Continent/Med via ECSA. Handymaxes got in the low/very low US$20,000s for South Africa to Continent direct. Large units open USG took also a hit, which deteriorated after force majeure was declared at Jose terminal due to a belt breakdown. Nevertheless, tct from USG to Continent/Med paid in excess of US$50,000 at the start of the week and then below US$50,000 end of the week. The transatlantic rv was in the low/mid US$30,000s for Supras. In the Continent and Med, some Handymax scrap cargoes were fixed from ARA to east Med in the mid US$30,000s on time charter equivalent. In the Pacific, India rates kept softening and iron ore stems paid in the low US$20,000s from WCI to China. Indo to India paid in the mid US$20,000s for Supras while the Pacific rv was in the low US$20,000s. There was little to report on the period front, but for deliveries in the east levels were in the mid US$20,000s for up to 6 months on Supras, and low US$30,000s for 4/6 months for Supras in the Atlantic.
Panamax
The Panamax market maintained a downward trend in both basins, falling at a steady pace. The Transatlantic rv lost US$3,500 to close the week at about US$37,000/day delivery Gibraltar redelivery Cont, and the NOPAC rv lost over US$3,000, closing the week at about US$26,500/day. The main reason was the lack of activity in the USG/USEC and a quiet ECSA market which took advantage of an oversupply of ships in SE Asia and India with Tess 74 getting fixed at below US$30,000/day delivery Singapore for trip via ECSA with redelivery PG/Japan range. Period activity was quiet this week with very few fixtures reported. Tess 74 were fixed for short period delivery Atlantic at around US$37,500/day redelivery Atlantic, and US$27,000/day delivery North China redelivery worldwide . Both basins were down US$5,000 from 2/3 weeks ago.
Capesize
There was a strong start to the week for the Capes with some of the previous week’s gains in the Atlantic transferring over to the Pacific. At its peak, Australia – China was being done at over US$14. Conditions were still relatively tight in the Atlantic and the 4TC finished the week above US$55,000/day. However rates were falling by the end of the week and overall the BCI finished down 2%. There were more signs of a softening on Monday with a drop of over 200 points, while period interest was scarce, with the paper market trading at a significant discount to the physical.
Source: BRS Dry Bulk
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Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
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Showing 5801 to 5805 news of total 6871 |
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- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
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