We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
|
|
|
Showing 5126 to 5130 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
|
| |
| |
|
