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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
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- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Minerals Council of Australia
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Australian Coal Association
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
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