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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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Monday, 28 February 11
COAL INDIA HIKES PRICES BY 12% FOR SELECT CONSUMERS - ECONOMIC TIMES
Economic Times reported that, Coal India has raised prices by an average 12% for some of its consumers from Sunday, boosting its revenue by 6,000 cr ...
Saturday, 26 February 11
CIL TO HIKE COAL PRICES BY 15 PC FROM TONIGHT - THE TIMES OF INDIA
The Times of India reported that, an Indian State-run coal producer, Coal India will raise the price of coal on an average by about 15 per cent with ...
Saturday, 26 February 11
SUPRAMAX INDEX WAS UP ABOUT 10 PERCENT THIS WEEK - VISTAAR
COALspot.com - The market started on a weak note and seemed to have lost the momentum seen the previous week. The main sectors affected were Cape an ...
Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asi ...
Thursday, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...
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Showing 5361 to 5365 news of total 6871 |
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- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- The University of Queensland
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
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