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Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless large Supras are achieving USD 21/22k for TA rounds - 2/3 laden legs within the Atlantic which is actually not bad at all. As advised the pre-Xmas rush is keeping the market afloat but a large amount of tonnage is pouring into the Atlantic (ballasters from India etc.) and this should exerce downward pressure on rates by end Dec/1H Jan. USG is quite active on the petcoke side. Outlook: Flat. The FEast has been under real pressure over the past week. With the holiday season here owners are keen to just get vessels in employment with quick business then see the direction in the new year.
Vessels are fixing for Indo rounds in the low 10´s and even hear of a large Supra fixing sub 10k opening N.China for a trip to India. Nopac rounds are also few and far between but paying a tick more. Off WC India tonnage has been somewhat tight and the level seems to be around 15/16k for trips back to China with iron ore.
Panamax
The Panamax market experienced limited activity and consequently continuous softening of rates in both hemispheres. The FFA´s traded steady arnd USD 16k for Q1, while 1 year TC period in the physical market was pending arnd USD 16-17k. Not many signs for market recovery last days of this year, especially Pacific has an oversupply of tonnage and lack of new orders to back up. Question now if market reached a level where owners and operators start picking tonnage again. Prompt Atlantic rounds fixed at USD 19-20k while the Pacific rounds sub 10k.
Capesize
Santa clause did not come early this year. Whilst there has been anticipations in the market that bottom would soon be reached, rates continue to drop. For Australia to China, chrtrs are now targeting below USD 8 pmt, with last done at very low 8s. Tubarao/Qingdao is slowly approaching USD 20s, although there has been some resistance on this route. All in all the market needs a Christmas break, and hopefully activity will be speeding up early next year. However as it looks right now, expectations remain poor.
Source: FEARNBULK
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Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
Tuesday, 05 April 11
DRY BULK MARKET DOWN ON FIRST DAY OF SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market began the second quarter on a downward pattern, with the industry’s benchmark, the Baltic Dry Index (BDI) shedding 1.45 pe ...
Monday, 04 April 11
INDONESIA INTERNATIONAL CONFERENCE FOCUS ON INDONESIA'S ECONOMY (IICFIE) 2011 MASTER PLAN TO ACCELERATE THE ECONOMIC DEVELOPMENT
Press Release - Since couple of years, Indonesia's economy show impressive growth. What is the Indonesia's Economic Corridor and the Master plan t ...
Saturday, 02 April 11
TNPL CALLS FOR 160KT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure another 160,000 MT +/- 5 percent of Non-Coking imported C ...
Saturday, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. ...
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- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Australian Coal Association
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
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