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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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Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...
Friday, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
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- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Planning Commission, India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Australian Coal Association
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
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