We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
|
|
|
Showing 5651 to 5655 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- White Energy Company Limited
- Economic Council, Georgia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
|
| |
| |
|
