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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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Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
Friday, 11 February 11
DRY BULK MARKET HEATING UP ON FRESH CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is on a high this week, with owners of smaller vessels turning their attention towards the spot market, in order to take advanta ...
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- Mintek Dendrill Indonesia
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- Energy Development Corp, Philippines
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- Coal and Oil Company - UAE
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- Economic Council, Georgia
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- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
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- Videocon Industries ltd - India
- Minerals Council of Australia
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- Indian Energy Exchange, India
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- Bangladesh Power Developement Board
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- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
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- SMG Consultants - Indonesia
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- Mercuria Energy - Indonesia
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- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
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- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
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- Georgia Ports Authority, United States
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- Thiess Contractors Indonesia
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- Sindya Power Generating Company Private Ltd
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- Global Green Power PLC Corporation, Philippines
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- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
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- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
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- Altura Mining Limited, Indonesia
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- The University of Queensland
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- Chamber of Mines of South Africa
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- Planning Commission, India
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- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Africa Commodities Group - South Africa
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- Bhoruka Overseas - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
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- Coalindo Energy - Indonesia
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- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
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- Parliament of New Zealand
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- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
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- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
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- Romanian Commodities Exchange
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- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
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- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
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- Sical Logistics Limited - India
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- Ministry of Finance - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
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- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- IEA Clean Coal Centre - UK
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- White Energy Company Limited
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- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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