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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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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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- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Planning Commission, India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- The University of Queensland
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
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