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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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Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
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- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Marubeni Corporation - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
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