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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, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...
Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...
Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...
Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing a 1.5 folds increase in revenue this year from Rp4. ...
Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...
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Showing 4941 to 4945 news of total 6871 |
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- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
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