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.
|
|
Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
|
|
|
Showing 4896 to 4900 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Australian Coal Association
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
|
| |
| |
|
