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Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
 A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major spike in earnings.
While all four bulk segments recorded an increase, the improvement in rates for the large ships finally took the Cape 4TC average over the Panamax 4TC again. Developments in the coal and grain sectors raised the possibility of changing trade patterns later in the year. Indonesia announced it would miss 2010 coal production targets after heavy rains disrupted mining. Output is now predicted to remain unchanged from 2009, at 300m tons instead of the projected 320m tons. Meanwhile Russia’s drought, and its subsequent ban on grain exports until December, is expected to result in greater foreign sales of US grain, with producers already reporting a surge in enquiry.
Supramax/Handy
Handies and Supras woke up again after several weeks of lethargy, mainly due to the anticipated large volume of grain exports out of the US. Most activity concerned short period, which shows the extreme nervousness of charterers who are unwilling to commit beyond a few months. All in all, short period rates went up to US$22/23,000 irrespective of delivery. South America also saw some activity with spot rates reaching close to US$30,000 dop WAF for trip east. This also tightened the market for tonnage open India but ships open there are still abundant and one can still see ballasters going south. In the Pacific, coal shipments are in short supply prompting spot rates to hover in the region of US$18-19,000
Panamax
The Panamax market firmed this week at a steady pace driven by an overall bullish sentiment which pushed the 4TC average up by US$2,000 to close the week at US$23,000 per day. The biggest increase came from Asia where the NOPAC and China/Indo/China routes gained US$3,000 to end at $22,000 per day on Friday. Short period rates followed the trend even though the paper market slowed during the week. Standard LME were getting $26/26,500 per day delivery North China for short period, up from US$24,500 a week ago. In the Atlantic, the physical market remained very slow all week but again sentiment kept rates stable. Russia’s ban on wheat export added some agitation in the market. One expects a firm and active grain season out of the USG/USEC area. The TA round voyage ended the week at a tick below US$25,000 per day.
Capesize
A very strong week for the Capesize market, with the four time charter average leaping from US$18,400 to just short of US$30,000 by Friday, mainly due to prompt fixing by the major iron ore producers. All routes showed improvements although West Australia – China showed the biggest increase with US$11.40 reported by the end of the week. In the paper market, rates for September and October rose to US$30,000 per day, and 4Q even traded up to US$33,000 mid week before falling back to just under US$30,000. The pace could not last however and Monday saw the 4TC plateau, falling back by a minor US$11.
Source: BRS
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Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
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Showing 5641 to 5645 news of total 6871 |
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- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Australian Coal Association
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- VISA Power Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
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