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Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
 Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remains firm paying in the mid 20´s for trips into the MED and low/mid 30´s for trips FE. Nevertheless tonnage is piling up again with ballasters which will push rates downwards in a few weeks unless activity picks up more to absorb tonnage. In the Pacific, there is a tight tonnage supply on prompt positions in China/ SEA for mostly handy up to 45,000 dwt which means rates are on the rise for those sizes. Supras on the other hand, are in abundance. There has also been a high amount of short period activity with charterers scrambling/ hoping to take tonnage ´on the cheap´. The Far East remains reasonably tight on prompt tonnage, however with activity low and owners resisting. The market for North Pacific/Indo/India for tonnage delivering North China is in the USD 16,000 range.
Panamax
After a slow week with marginal decline in rates the market found supportwith levels moving upwards from mid week.
This was predominantly driven by ECSA and USG grains and short period activity to cover same with owners now able to secure healthy USD 27,000 with equivalent ballast bonus for front haul. Short period was also fairly active with grain traders and operators booking tonnage in the Far East in the mid 17,000 range. Lack of other fresh mineral business in both hemispheres kept a stable but not very enthusiastic sentiment. North Pacific and Pacific business is fixable at mid to upper teens while Atlantic rounds close to 17,000/day. One year period is being secured at 16,500-17,000 but takers are reluctant to pay owners similar levels fo longer duration.
Capesize
The capesize market continued to fall through last week bottoming out on Monday at an average time charter rate of USD 9,298.
This has now picked up to USD 10,089 which is still not very exciting. Nonetheless, the paper market is enthused and the front end of the curve has picked up somewhat,but not enough to allow a repeat of the 3 year fixture reported last week. There are takers for this period but they are rateing lower numbers and owners are not ready to accept these figures. On the spot market fixtures remain relatively flat and the Atlantic continues to be stronger than the Pacific. In general, uncertainty due to events in Japan and in the Mediterranean are keeping the market weak, though there could be some more near term activity in the Atlantic due to nuclear plants in Germany being taken off line for safety checks.
Source: FEARNBULK
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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...
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Showing 5331 to 5335 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- The University of Queensland
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
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