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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity remains low and has continued to slide. Very little fresh enquiries ex. Black Sea is forcing tonnage to ballast towards Gib. Maria L was reportedly fixed 15500 usd for 2 ll redel Atlantic. Outlook: flat. The Pacific market started off the week slipping but it appears that it may have bottomed out with rates remaining firm, particularly for Indonesian business into both China and India. Indonesian rounds are achieving in the low 10´s however, owners are still not that keen for trips to India. A lack of prompt tonnage means that rates appear to be remaining stable. Off the west coast of India vessels are getting around the 13,000 level to China. Very little RBCT activity to speak of.
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PANAMAX
A little more positive sentiment in the Panamax market this week in both hemispheres, some new enquiries in the Atlantic pushed rates a tick up. Pacific had a more slow beginning but increased somewhat from midweek, 3/5 months period redel ww fixed at usd 20k. Transatlantic r/v arnd 17-18k level while Pacific 16.5k-17k. Fronthaul pending around usd 25-26k while backhaul remain poor if finding cargoes at all at 10k level. Might be we face an end of year effect in the market with charterers selling out their stocks, which can be positive on short term, while the long picture is more uncertain.
CAPESIZE
A very quiet week with mostly repeat business, rate wise, until now where the levels are sliding. The absence of Vale on the front haul leg has effectively prompted the slide. There have been some tight Atlantic positions where vessels have commanded premiums but, this has been for North Atlantic loading and very prompt positions. On the period side, there has been some activity with a good unit fixed at usd 30k daily.
Spot coal has also been concluded but the volumes have not been enough to move the market. All in all a colorless week.
Source: FEARNBULK
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Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
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- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
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- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
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