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Saturday, 23 July 11
PANAMAX MARKET FACED A LIMITED ACTIVITY IN ALL BASINS
Handy
Atlantic softening across all segments with little fresh enquiry ex Bsea/Cont/USG and ECSA. Trips to Far east remain healthy. More cargoes expected for1st half of August but this remains to be seen. Overall sentiment remains soft in Pacific, however few enquiries keeping market busy. For Indo-India, supras in South China are getting close to 12k. Nickel-ore rounds are getting firm rates in low mid-teens. Very quiet on iron ore front due to monsoons as WCI-China rates slided to 10k and from ECI around 9k. Few cargoes seen from RBCT. As a result, RBCT biz fixed on ECI tonnage around 11k. Red Sea, ferts on handymax/ supras are fixed at very mid 20´s pmt on voy bss to WC India. Period deals done at 13k for large supras.
Panamax
Panamax market faced a slow start to the week, with limited activity in all basins. Atlantic rounds have stabilized around mid teens, however the north continent is somewhat tighter on tonnage, so this area might improve somewhat in the next few days. Ballasters for the Pacific are keeping the EC South American market down, in spite of quite a few cargoes out of that area. A few fresh cargoes emerged as well out of Indonesia and Aussie, but not enough to support any rise in rates for the time being. However the fall in rates seems to flatten out. With a tic more positive tone in both basins the last day, the end of the week may bring a steadier market, but this remains to be seen.
Capesize
The lack of direction in the market has continued this week, but now showing signs of weakening. The West Australia market was struggling to decide which side of usd 8.00 the market should be, and fixture have been concluded on both sides, though the most recent reported is at a low usd 7. 75. Also the Front haul market was stable, just over the usd 20.00 mark, but has now dropped below and is not closer to usd 19.50pmt. The Atlantic again was living in its own world, but saw a significant down turn towards the end of the week, but has now stabilized at a healthier usd 13,000 level p/ d. This market may not last as we suspect re-let charterers have cleared their tables pending the holiday season, but it should be noted that the tonnage supply is still tight. On the period front some more short period deals have been done in the usd 11,500-12,000 level which is only slightly down from the last rally. One can attribute this to fewer vessels idle (not trading) due to the low market level.
Source: FEARNBULK
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Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
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- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Planning Commission, India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- The Treasury - Australian Government
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
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