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Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Continent and Black Sea for the end of July / beginning August which means that rates should stop falling in a nearby future. The Feast market has stabilized over the past week, although market direction is still unclear with limited activity. Tonnage in SEASIA is tight so owners are standing firm on their rates. There is a little more activity off ECI into China with rates in the mid teens, similar rates being seen for Indo RV´s and NOPAC business would be the same but there is little to report. Short period market rates seem to be in the high teens with more enquiries coming out.
Panamax
The Panamax market has continued its slow climb upwards after the long lasting decline experienced the last month. We´ve seen a steady growth of fresh cargoes entering the market for August dates, and this have made owners more confident and are holding back to see a rate increase. This goes especially for the Atlantic basin but we also see steady demand for coal worldwide which in turn helps the rates in the Pacific and Indian Ocean. TARVs are fixed at ard 17/18k and trips Feast with Cont delivery in the high 20´s. In the Pacific the rounds are fixed in the mid/high teens.
Cape size
Combined, summer doldrums and continued Chinese steel-related slowdown give little reason to cheer for cape players. Iron ore volumes in particular remain low, with the resultant WAust/China rounds standing at present USD 6.50 pmt - barely covering operational expenses. Despite this, and despite no short-term recovery evident, major players keep picking tonnage for short/ medium period at huge premiums to spot: 180,000 dwt/blt 2005 done for 4-6 months at usd 20k, 181,000 dwt/blt 2010 done for 4-6 months at USD 20,500 and also reportedly 180,000 dwt/blt 2009 concluded for 4-6 months at around usd 24k (!) - a clear indication of expected upswing for q3/q4 no matter how many n/b´s expected to enter this segment in the very near future.
Source: FEARNBULK
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Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...
Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
Howeve ...
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- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Australian Coal Association
- VISA Power Limited - India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
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