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Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen for short period tonnage for mid/end of August - it is rumoured tonnage achieved high 20´s! Continent, Black Sea and USG have been much more active and with the grain season coming up, expecting the Atlantic to firm up even further. Rates are at mid/high 30´s for t/a rounds on Supras and low 40´s for trips FEast. Outlook: firm. The FEast market was firming during the last week. For NOPAC rounds Supras were fixed in the high teens. For Indo/India rates improved quite a lot, large Supras were fixed at mid 20´s. For short period Supras trading at low/mid 20´s. India; from WCI Supras could achieve high teens for trips to China but it´s still quiet out there and everyone is looking forward to the end of the monsoon season. For R´Bay rounds Supras trading in the high teens.
Panamax
Backed by a stronger short period market and supported by some fresh requirements the sentiment has been more positive this week with the spot market firming slowly in both hemispheres. Expectations for a stronger Q4 and 6.5% increased congestion last week does to some extent assist the optimism. On the other hand new buildings are still pouring out at a rate of 2 bulk carriers/day, spot activity relatively slow leaving mixed feelings to the recent upturn and market sustainability. The Atlantic basin seems fine balanced in the upward trend, with Continent in particular being tight for tonnage. TA rounds are typically in the mid/high 20´s and fronthaul mid 30 ´s + bonus for Aden transit. The Pacific now up to 23-24k for NOPAC rounds, and above mid 20´s for Indonesia rounds or trips via ECSA. Short periods are now at 27k whereas one year has been fixed at 26k. Owners are actively promoting short period, 1 and 2 years, and although takers are there the market shows ambiguity.
the market shows ambiguity.
Capesize
Last week´s upward movement in the freight market was operator driven. The previous week´s standoff between charterers and operators resulted in a flurry of fixtures which, all but, cleaned out the vessels in ballast to Brazil. The combination of this and Vales terminals returning to normal operations, granted owners with for higher rates. The paper market followed suite and this resulted in a few period fixtures being concluded in the low usd 30k´s level. This week started again with a standoff, but so far the rates have edged downwards slightly, while Baltic Index has been catching up with last week’s levels. Ultimately the market remains relatively flat with, but could drive upwards again if the operators return to the market, but unlikely to be dramatic as the influx of new tonnage has a dampening effect.
Souce: FEARNBULK
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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
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- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
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