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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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Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
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- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- PTC India Limited - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
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