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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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Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...
Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK
Handy
Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...
Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...
Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, ...
Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
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- Neyveli Lignite Corporation Ltd, - India
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- Bhoruka Overseas - Indonesia
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- Africa Commodities Group - South Africa
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- Tamil Nadu electricity Board
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- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
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- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
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- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
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- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
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- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Parliament of New Zealand
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- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Dalmia Cement Bharat India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
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- Anglo American - United Kingdom
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
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