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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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Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...
Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...
Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...
Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...
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- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- The University of Queensland
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
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