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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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Tuesday, 27 July 10
DRY BULK SPOT CARGO DEMAND SHARPLY UP, TRIGGERING RISE IN RATES
Hot on the heels of the dry bulk market’s first weekly gain in almost two months, Monday began on a similar note, with the Baltic Dry Index (B ...
Tuesday, 27 July 10
KANGAROO RESOURCES INKS 297MT COAL RESOURCE FOR TANUR JAYA PROJECT
Kangaroo Resources has reported JORC Code compliant open cut Coal Resources totalling 297 million tonnes for the Tanur Jaya Coal Project in East Kal ...
Monday, 26 July 10
INDONESIAN COAL PRICE REFERENCE FOR JULY 2010 IS US$ 96.65 PER TON FOB VESSEL
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Monday, 26 July 10
BHATIA INTERNATIONAL, MIGHT GRAB THE MAJORITY OF COAL SUPPLY ORDER FROM MAHAGENCO
COALspot.com: Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, has received price bids from ...
Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
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- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
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