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Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
 The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has so far trickled down to the other sizes. The BDI gained almost 13%, while the BCI continued its remarkable performance climbing to 2,975 points, equivalent to a 27% gain w-o-w. The BPI and BSI lost a marginal 1.2% and 0.5%, while the BHSI was up by 0.5% to 670 points. Underpinning the increase in Cape rates, China reported record levels of import stockpiles Friday, at 95.59m tonnes. Imports originating from Brazil fell slightly against a week ago, but both Australia and India showed increases, with Indian imports rising 3.7% w-o-w.
Capesize
Another exceptionally strong week for the Capesize market, taking the BCI up to 2,975 points and the 4TC to $23,899, a rise of 43% and the highest levels seen since December 2010. A surge of incoming cargos was the reason, helped by firming steel demand in Asia, in particular China and Japan. Although gains were apparent across the board, Aus -China and the Atlantic slightly outperformed Braz-China. The newfound optimism, at least for the next month or two, resulted in more period enquiry. A one -year period deal was reported for a 2010built 176,000 tonner at $14,000 with delivery China mid September. Meanwhile a 175,000 tonner was reported booked in the Pacific for 5-7 months at $19,000. October FFA prices were trading Friday at $19,255, compared to just $14,325 a week ago.
Panamax
There was a marginal drop of -$153 on the 4TC Panamax w-o-w as the Atlantic softened by -$861, however this was balanced mainly by the Pacific basin’s increase of $485 w-o-w. This overall drop had little effect on paper which posted gains across the curve for the week, mainly driven by the dramatic increase in Cape paper prices. The increased activity and gains displayed on the Cape market did not filter into the smaller sizes in any significant way. In the Atlantic there was limited fresh enquiry whilst growing open tonnage gave impetus to a softening of rates throughout the week. The Pacific on the other hand did realise gains over the week mainly on the back of spot fixing for Indonesia and Australia cargoes, which extended through to increased short period business being concluded also. The short period market for Panamax LME delivery North China firmed up a bit during the week from $13,800 to $14,500 end of the week reflecting a more positive sentiment for the coming months.
Supramax/Handy
Not much excitement going on in the market this past week. We hope/expect that the activity will start picking up now that summer is over and everyone has returned from vacation. For Supras, the Baltic Index lost 7 points to finish at 1,379, whereas the TC average decreased by $74 to finish at $14,489. Modern Supras were fixed from the USG to the Far East in the region of the high $20,000s, and in the mid $20,000s to the Med. From the Continent, modern Supras were fixed to the Med somewhere in the mid/ high $10,000s. For the smaller sizes, the market remained pretty much steady last week for Handies, with the Baltic losing 1 point and finishing at 670. The TC average for Handies increased by $8 to end the week at $9,945. From the USG, Handies were fixed to the Med in the mid $10,000s and in the low/mid $10,000s for a trip ex ECSA to the Med/Black Sea area. From the Cont a trip is a touch under $10,000 for NCSA destination.
In the East, Supras were fixed around $13,500 for dop China via Indonesia redel Far East. Supras open China were fixed around $8,500 for trips via Indonesia to East Coast India. The Aussie round was fixed a t o u c h b e l o w $ 1 0 , 0 0 0 . On period, modern Supras were taken in the Far East for 4/6 months around $15,000 with redelivery worldwide.
Source: Barry Rogliano Salles
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Wednesday, 26 October 11
PWCS GLOBAL SHIPPING BENCHMARKING ANALYSIS: RECOVERY IN 2010 BUT GREAT UNCERTAINLY FOR 2011
The recovery of global trade in 2010 to the same levels as 2008 led to an improvement in the overall performance of shipping companies in 2010 compa ...
Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...
Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...
Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...
Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...
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Showing 5011 to 5015 news of total 6871 |
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- Planning Commission, India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
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