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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, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
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- Global Green Power PLC Corporation, Philippines
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- Bangladesh Power Developement Board
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- Star Paper Mills Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
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- Goldman Sachs - Singapore
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- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- The University of Queensland
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- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
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- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
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- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Medco Energi Mining Internasional
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- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
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- IEA Clean Coal Centre - UK
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Minerals Council of Australia
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- Bhushan Steel Limited - India
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- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
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- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
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- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
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- White Energy Company Limited
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- Attock Cement Pakistan Limited
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- SMG Consultants - Indonesia
- Mjunction Services Limited - India
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- Bulk Trading Sa - Switzerland
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- MS Steel International - UAE
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
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- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
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- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
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- Independent Power Producers Association of India
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- Thiess Contractors Indonesia
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- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
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