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Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain season coming up, this should have a positive effect. Rates are at low/mid 20´s for Supras wishing to remain in the Atlantic, high 20´s/low 30´s for trips Far East. Outlook: Flat to firm. In the FEast the market was quiet over the last week. Rates are still at a stable level. For Pacific rounds Supras were fixed in the mid/high teens and same level for Indo-India trips. For short period Supras are trading at low/mid 20´s. India; Supras could achieve mid/high teens for trips from WCI to China and close to 20k from ECI for same direction. For R´Bay rounds Supras trading in the mid/high teens.
Panamax
The Panamax market is slowly gaining strength propelled more by the short period market and activity in the forward market than fresh requirements and high volumes. Expectations of added ton miles from Russian draught and grain demand supported the short term enthusiasm. The Atlantic market firming in particular in the North for TA rounds and for fronthaul business with rates in the mid 20´s and mid 30´s respectively. In the Pacific, NOPAC rounds still at 18-19k/day but the long ECSA hauls are done at 25k. The short period market catching some fire with fixtures up to 27k/day for 4-6 mths. 1-year now close to 25k with gradually more takers, as fundamental analysts scratch their brains and new buildings keep pouring out.
Capesize
Summer doldrums are officially over as this segment is seeing a fast and impressive recovery - and further improvement is expected. Average daily spot earnings have almost doubled w-o-w, coming in at close to usd 30k. Fundamental pressure is back for both coal and ore, keeping miners, mills, utilities, traders as well as operators busy booking in tonnage for immediate needs. The Pacific is very much the hot spot, with levels paid for rounds tripling to some usd 32k/day. With the further support of FFA´s, period activity is considerable. Relevant fixtures include 172000 dwt/built 2001 open China prompt done for 4-6 months at usd 33500, and similar tonnage concluded for 12 months at a reported usd 30k.
Source: FEARNBULK
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Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
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- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Minerals Council of Australia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Planning Commission, India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
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