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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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Thursday, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...
Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...
Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...
Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...
Monday, 06 September 10
DRY BULK MARKET GAINS 6.05% ON WEEK, BOOSTED BY CAPESIZE VESSELS
The dry bulk market is looking to capitalize last week’s gains of more than 6 percent in this week, as the capesize segment seems to be on a h ...
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- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- PTC India Limited - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- The University of Queensland
- Parry Sugars Refinery, India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Planning Commission, India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
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