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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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Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
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- Star Paper Mills Limited - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Parliament of New Zealand
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
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