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Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy
Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnage on ppt /beg of June positions. US Gulf to the Far East is slowly but surely firming further and more activity seen on transatlantic round voyage. ECSA is balanced with very little movement on rates.
Outlook: stable. The Pacific market remains soft and owners unwilling to come in India due to lack of outbound cargoes. For Indo-India, Supras in North China are getting close to12k. Nickel-ore rounds are getting firm rates in mid-high teens from Indonesia. WCI-China rates slided to 15k and from ECI around 12k. Red Sea; ferts on handymax/ Supras are fixed at very mid 20´s pmt on voyage basis to WC India. Large Supras for RBCT/India round are now asking 15k. Short period deals done at mid-teens for large Supras.
Panamax
After a slow start to the week, we saw more cargoes in the market on Tuesday with both coal from US and grains from ECSA. Especially the Pacific basin took a turn on Tuesday evening with chrts chasing prompt ships which were lacking. NoPac rounds were fixed at around 14k and still climbing, while the Atlantic rounds were fetching around USD 15k. Fronthauls hovering around USD 250k. It has been some short period activity this week with rates hovering around 13/14k. It was also rumored a kmax being fixed and failed for 3 years at a tick more than USD 14k.
Capesize
Finally some good news for ship-owners with interests in this segment, even though rates in general are at a historic low and fundamentals have changed very little over the week. Driven almost entirely by increased transatlantic coal trades and a steady volume on the Brazil/China iron ore run, average spot levels are up more than 50% to come in at close to USD 9k. Pacific is slow and eventless in comparison, though, with resultant levels for the WAust/China ore run only marginally up at USD 7.35 pmt which is still below opex. Expectations are there for this to last a little longer, thus more period fixing is expected - last done is 178kdwt/built 1998 done for 10-14 months at USD 10700/day basis delivery Qingdao mid June.
Source: FEARNBULK
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Tuesday, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Planning Commission, India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
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