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Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as owners expectations are rising in response to sustained positive indexes lately, as reported by Fearnleys its weekly report.
The Continent and Black Sea tonnage is scarce on prompt/August dates delivery which is putting pressure on charterers to pay up. The USG is quiet. The question is, will all the business available absorb all the tonnage which is insisting on remaining in the Atlantic? The result could be that owners wishing to do so have to reduce their expectations drastically. The Pacificmarket got little firm with more cargoes seen in market. Vessels open in north China getting close to usd 13k for Indo-India or ndo-Thai rounds. Indian iron ore market remained quiet due to monsoons. Enough vessels available for RBCT and rates are around usd 12k for RBCT-India rounds. Red Sea fertilizers to India are fixed around mid-20s. Short period rates are around14k.
Panamax
This week the Panamax market took a turn for the positive with more activity in both hemispheres. In the Atlantic the main driver is the coal cargoes but also some grain cargoes are being circulated. It was concluded a healthy 16k for 2 legs in the Atlantic while the single legs are being fixed at around usd 15k. In the Pacific the market took a real turn with a significant number of Indonesian coal cargoes and lack of prompt tonnage to cover same. Vessels are fixing in region 11-12k for same. Period market somewhat regained activity this week which could mean players are being more confident for the fall season and a typical short period ows are asking around usd 13-13.5k. For one year they are asking around 12k.
Capesize
Finally what everyone has been waiting for is happening! West Australia/China is presently around usd 10 pmt, whilst Tubarao/Qingdao is in the high usd 25s. Short period rates in the low to high 15,000s, whilst one year has been done at usd high 14,000. This is good news for the owners as well as for the market in general. However, the explanations are mixed. For sure improved activity in the east as well as expensive bunkers and low freight for Tubarao/Qingdao the last weeks has resulted in few ballasters, hence tight supply of ships in the Atlantic. The optimism is back, but for how long?
Source: FEARNBULK
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Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
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 ...
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- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- PTC India Limited - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Planning Commission, India
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
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