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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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Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
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Showing 6141 to 6145 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
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- Energy Development Corp, Philippines
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- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
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- Merrill Lynch Commodities Europe
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- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Minerals Council of Australia
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- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
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- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
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- Savvy Resources Ltd - HongKong
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- CNBM International Corporation - China
- MS Steel International - UAE
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- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
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- Commonwealth Bank - Australia
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- IEA Clean Coal Centre - UK
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- Wilmar Investment Holdings
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- Coal and Oil Company - UAE
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- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
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- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
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- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
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- Eastern Coal Council - USA
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- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
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- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
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- Simpson Spence & Young - Indonesia
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- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
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- SMC Global Power, Philippines
- New Zealand Coal & Carbon
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- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
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