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Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for the tonnage with the rates close to/over usd 30k daily. India remains weak with limited cargoes but as the monsoon draws to a close and ports due to reopen in the west towards the end of the month owners are hoping for more activity and rates to pick up within the next few weeks. Trips from WCI into China with Iron Ore are aiming around the 20k level with Richard Bay rounds fixing at a tick less, a similar level as the Indo RV. Short period interest remains firm with owners achieving a tick below the mid 20´s level. Generally there seems to be positive sentiment for Q4 with the BDI on the up and a more positive tone on the FFA market.
Panamax
A positive trend was seen during this week, with rates climbing steadily. Especially period requirements were a hot topic, and 2 years fixed at 23250 del Far East, for then to be relet at 28250 for 5/7 months. In the Atlantic the TA´s fixed in the 29/30k region, up usd 5000 from last week, same jump were seen for fronthaul, fixing in the usd 35/36k levels. In the Pacific, LME ´s fixing usd 26/27k, up usd 3/4000 from last week. Backhauls were more or less stable at usd 14000.
Capesize
The Baltic index has increased from 3516 to 4024 though the past week. The average time charter rates have increased from usd 34488 to 40904 in the same period. We can definitely say that the index has been lagging and is under what is being physically being concluded. The recent rally in the market can be described as re-let driven, and when it became apparent that there were few ballasters towards Brazil, the operators began to react and secure what they could of tonnage. The fact that Vale came in and picked up the very early units has compounded the situation and freight rates in the Atlantic, both for front haul and transatlantic routes, are still firming. On the period front, operators have swept the market and absorbed the available period candidates at premium levels.
Souce: FEARNBULK
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Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- Indian Oil Corporation Limited
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- Bulk Trading Sa - Switzerland
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- Tata Chemicals Ltd - India
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- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
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- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
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- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Australian Coal Association
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
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- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
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- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
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- Romanian Commodities Exchange
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- The Treasury - Australian Government
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- Sakthi Sugars Limited - India
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- Latin American Coal - Colombia
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- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Parliament of New Zealand
- Bharathi Cement Corporation - India
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- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
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- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
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