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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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Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
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- Wood Mackenzie - Singapore
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- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
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- The University of Queensland
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- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
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- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
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- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
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- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
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- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Parliament of New Zealand
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- Energy Link Ltd, New Zealand
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- Cigading International Bulk Terminal - Indonesia
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- Electricity Authority, New Zealand
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- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
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- Indian Oil Corporation Limited
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- Indian Energy Exchange, India
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- Kumho Petrochemical, South Korea
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- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
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