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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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Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...
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- Thiess Contractors Indonesia
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
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