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Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achieving low/mid 30,000´s to the Mediterranean and low 50,000´s to the Far East. Handymax tonnage ex Black Sea is achieving mid 30,000´s fronthaul and Supras low/mid 40,000 ´s. Nevertheless there are signs of much more fresh enquiries for the next weeks ex NCSA/USG/CONTINENT.
The immediate outlook is for flat/ stable conditions.
Panamax
The Panamax market continued its softening trend from last week seeing rates slip in both hemispheres. With the Chinese on holidays this week until Thursday the activity was very slow and few fresh cargoes entered the market. Tarvs now paying high 20´s while the Fronthaul with delivery Continent now gets around usd 36k. In the Pacific the rounds are paid tick below 25k.
The period market still alive on low pulse with owners not reducing their levels considerably - mid/low 20´s for short period and actually same for 2 or 3 years. With the late steep correction, some market players seem to maintain a bit of optimism upon the return of the Chinese.
Capesize
Last week showed definite signs of weakness with average TC rates falling abt usd 3000 daily from mid usd 47k level. The week opened down as expected, and with China and Taiwan on holiday the rates have plunged, presently averaging below usd 35k. The front haul has fallen from usd 29/30 level to usd 25.00 per mt for second half July shipment. Likewise has the level for ore out or West Australia. Here rates have fallen from usd 12.00 level to usd 10.25 per mt.
There is not much optimism in the market and operators who have been caught long on tonnage have swept the market for cargo, taking what they can get. The period front always has a tendency to lag the physical market and as such has been quiet, with the exception of an Australian miners concluding a 2-year deal in direct continuation of the existing charter at very low usd 30k´s daily commencing Oct 2010.
Source: FEARNRESEARCH
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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
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- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- White Energy Company Limited
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
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