We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% increase. The rise in Panamax rates represents the first positive development in some time after almost seven weeks of consecutive declines. Even with the small gain seen this week, the Panamax 4TC has lost 70% of its value since early March. Of course, coal shipments have been severely disrupted by weather related factors, and this week China reported a 25% decline in its coal imports over the first three months of 2011. This stands in sharp contrast to its iron ore imports which rose nearly 10% in the same period.
Capesize
Holidays in Europe reduced activity in the Atlantic, although a period of fixing by the mining groups in the Pacific kept activity ticking over there. Overall the BCI inched up 1% while the time charter average closed the week at just under US$ 6,700. With worldwide steel production continuing to rise (up 7% in March), demand for iron ore remains strong. However with an average 27 ships joining the fleet each month, supply continues to outpace demand. In the paper market, rates picked up across the board and short-term prices strengthened. Prices are now US$ 10,700 and US$ 11,160 for June and July respectively.
Panamax
The Panamax market saw very quiet conditions in both the Atlantic and Pacific this week, mainly due to the long weekend in the East. There was plenty of tonnage still available in both basins and the time charter rates barely managing to break into four digits for the Atlantic and Pacific round voyages. Fronthauls were being fixed in the low US$ 20,000s. Period activity also declined, with rates still in the low teens for short periods of 3-5 or 4-6 months.
Handysize
Last week activity remained slow due to the holidays in the east. The Handy market continued to slide down, and the TC average closed the week at US$ 11,897 compared to US$ 11,985 the week before. Supras remained steady and finished the week at US$ 14,530 led by the route USG/skaw –Passero. East coast South America remains the leading actor in the Atlantic with wheat and sugar traded to various destinations. A few fixtures have been done from USG to Cont/Med at around US$ 17,000 for Handies and US$ 24,000 for the Supras. The Mediterranean/Black Sea market remained lacking in action. In the east, rates continued to slids down for both Handies and Supras. Supras were fixed from Indonesia to China at around US$ 17,000 with mainly coal, and around US$ 14,000 from India to China. A few Supras have been taken for 4-6 months at around US$ 15,000 delivery India.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...
Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
|
|
|
Showing 5221 to 5225 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Planning Commission, India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
|
| |
| |
|