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Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries for the next weeks. Supramax vessels open in USG are still achieving low 50´s to the Med and mid/high50´s to the FEast. Handymax tonnage ex Bsea achieving high 30´s fronthaul and supras high 40 ´s. The immediate outlook is for flat/stable conditions. The Market in the FEast continues to slide with fresh tonnage coming open, adding to many already spot vessels, it seems that t/c rates will continue to slide - whether these levels continue once the tonnage clears is yet to be seen. As expected India rates continue to soften with iron ore WCI/China fixing around the $20K level. Similar levels for a Pacific RV at low $20K and very little activity on Nopac rounds. Period enquiries still there but charterers are not willing to pay the rates as market slides.
Panamax
The Panamax sector is still suffering from less demand and activity has been low the last few days. Typical levels are in the mid upper 30´s in the Atlantic and mid 20´s in the Pacific. Some fixtures reported still at decent levels, but trend is clearly downwards. More spot positions in the Atlantic and Pacific combined with less fresh orders and chartrs reluctant to fix their requirement, indicate market will continue down. The period market has cooled down with less takers although Owners holding on to their rates. Market activity may also be somewhat influenced by the Posidonia taking place this week.
Capesize
Rates have been decreasing over the last week with Australia round voyage presently at low USD 12s and Tubarao - Qingdao in the very low 30s. Although rates have been in more or less free fall in the Pacific from monday some resistance is seen mid week with the Australia round up as the only one of the Baltic routes. There is more optimism in the market as we are approaching end of the Posidonia in Greece!
Source: FEARNRESEARCH
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Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
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- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Posco Energy - South Korea
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- The University of Queensland
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
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