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Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
 There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 (+2.6%), the BPI 1,913 (+10.8%), BSI at 1,533 (+2.3%) and the BHI progressed to 774 points (+4.6%).
Capesize
A surprise jump in rates was recorded in the latter part of the week despite the week-long holidays in China. W-o-w the 4TC average rose nearly 5% to $27,876 per day. Rio Tinto was busy in the Pacific and a reported $11.35 was reached for one fixture for October loading, with around $10.70 proving to be the average for the week. South African coal proved another active area, while Atlantic tonnage was yet again tight, and again gains here showed the biggest increase. This activity resulted in a firming in the near-period FFA rates and Q4 finished with a near 13% gain compared to the previous week. The 4TC rose another $600 on Monday, with sentiment fairly positive for the week ahead.
Panamax
The Atlantic basin tightened over the week, with notable support emanating from the USG where enquiry remains healthy. Both TA and front haul rates improved notably (an increase of $1,341 on 1A and $1,683 on 2A indices between 30/09/11 - 07/10/11). The Pacific market also appeared tighter, in large part due to the holidays in Asia but also as a result of significant numbers of ballasters having sailed to the Atlantic in search of fresh business. Pacific rounds exhibited strong underlying support, with the 3A index rising by $2,281 over the week. Looking further forward however, there may be some expectation for additional tonnage from the East to weigh down on TA rates, although the market appears stable for the time being. There has also been a notable increase in the volume of open market tonnage in the Pacific at the beginning of the new week, suggesting that the recent upward trend may begin to stabilize a touch.
Supramax/Handy
The Baltic Supramax Index went up by 32 points to finish at 1,533 points last week, while the average of the time charter routes gained about $400 daily to finish at $16,000 per day.
The market remained steady with many players closed due to holidays and celebrations in the Far East. The market was active in the Atlantic however with scrap out of the Continent and more and more freshly added grain/sugar cargos ex-ECSA. Ballasters coming from the Pacific / Indian Ocean helped to balance the rates for the vessels suffering from fewer cargoes in India / Far East. On the other hand, more and more interest for Supramaxes on short / medium period helped to sustain the market.
On the smaller sizes, the Baltic Handysize index went up by 23 points to finish at 774 points with the time charter routes gaining $300 to reach $11,270 daily. The Atlantic and the Pacific levels are becoming quite balanced, and the TARV is worth $11,500/ day today, whereas the Pacific round voyage is valued $11,000 daily. On the period front, we saw interest on both middle period of 1 year and short period. A 57,000 dwt recently built vessel fixed for 12 months trading delivery Far East at $13,750 daily with worldwide redelivery, while short period reached levels close to $14/14,500 daily.
Source: Barry Rogliano Salles
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Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...
Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...
Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship about 2.40 million tons of coal over an initial period of 6 months fro ...
Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...
Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...
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- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- CNBM International Corporation - China
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
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