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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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Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
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Showing 5951 to 5955 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- The University of Queensland
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Interocean Group of Companies - India
- VISA Power Limited - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
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