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Friday, 08 October 10
VESSEL OWNERS ARE RELUCTANT FOR INDONESIA TO INDIA COAL TRIPS - FEARNBULK
Handy
Last week ended with a flourish of activity as the Chinese tried to fix any prompt vessels before the Golden week festivities, and since they commenced on Friday the East has been reasonably quiet. We have seen Richards Bay rounds fixing from as low as the 13k level, incidentally failed, but the level seems to be closer to mid teens with owners aiming around the 17k level but still seeing a gap with charters rates. Iron ore activity is still slow. NOPAC has been active with owners aiming close to the 20k level. Owners are reluctant for Indonesian to India coal trips due to lack of cargo when re-opening in India. Short period levels are in the early 20k´s.
Panamax
Despite the substantial recover in the Cape market, Panamax rates were under pressure and continued to slide on low volumes as the Chinese holiday move on. Transatlantic business was slow and partly driven by grain ex US Gulf which seems well supplied by tonnage. Levels in the Atlantic are down towards 18k/day but fronthaul still above the healthy 30k mark. The Pacific was overwhelmed by more spot tonnage but some fresh requirements appeared during the week to balance out levels at 17-18k/day. Period fixtures were few but as FFA moved up short period fixtures were done at 24k for 4-6 months. Expectations for a strong Q4 are still there and sentiment is slowly turning positive among Owners in particular for a possible increase in demand next week onwards.
Capesize
As opposed to expectations of a more inactive week due to Chinese golden week, rates have been up up up Australia-PRC reached USD 12.50 pmt before it went just below 12 again (last week this route was being traded in the 10s). The Tubarao/ Qingdao reached USD 29.20 pmt, however at the time of writing it seems uncertain whether rates will remain at these levels or if there will be a correction. Obviously this depends very much on Vales overall demand. It has been a busy short period market, with rates around USD 35k-36k and a year presently very low USD 30k daily.
Source: FEARNBULK
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Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
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- Cigading International Bulk Terminal - Indonesia
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- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
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- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
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- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
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- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
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- White Energy Company Limited
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- Meenaskhi Energy Private Limited - India
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- Samtan Co., Ltd - South Korea
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- GN Power Mariveles Coal Plant, Philippines
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- Independent Power Producers Association of India
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- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
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- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
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- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- The University of Queensland
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- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Australian Coal Association
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- Kohat Cement Company Ltd. - Pakistan
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- Globalindo Alam Lestari - Indonesia
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- Indian Energy Exchange, India
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- Bangladesh Power Developement Board
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- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
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- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
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