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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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Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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Showing 4906 to 4910 news of total 6871 |
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- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Economic Council, Georgia
- MS Steel International - UAE
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Attock Cement Pakistan Limited
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