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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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Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued&nb ...
Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...
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- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
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