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Thursday, 20 October 11
CAPESIZE - TUBARAO /QINGDAO BEING FIXED AT STRONG US$ 29.75 PMT
Handy
The Atlantic market is quite steady, and market seems to be around the same levels as last week. Fewer fixtures reported though. Fronthauls still around 25k, with a USD 3-4k premium for vessels willing to go through Aden. USG/Skaw fixing around USD 30k, and Skaw/USG concluded in the USD 8k range. The Pacific market remains firm with considerable cargoes seen from Indonesia. For Indo-India, large eco Supra can fetch close to USD 16k for S. China position and NOPAC RV close to USD 14k. Indian iron ore market bit quiet as not many cargoes seen in the market however rates from WCI fixing around USD 12k for WCI-China and 11k for ECI-China. RBCT India round rates around USD 13k. Red Sea fertilizers to India are fixed around mid 20s. Short period rates are around 15k for large Supras but seeing less takers.
Panamax
After two strong weeks and a quiet opening due to activity in CoalTrans in Madrid, the Continent and North Atlantic is still tight for tonnage for prompt loaders. There are less fresh requirements so market seems more in balance including some toppish signs in the USG and in ECSA.TA rounds generally at 18k, trip out 27k. In the Pacific the market is also more quiet after stronger levels above mid teens both for NOPAC grains and Indonesian coal. Some period fixtures are still in the 14 range for short period, but less activity on the longer deals. Decline in Chinese iron ore imports and steel production is adding fuel to the bearish signs and the FFA market is loosing faith in next year as well gradually.
Capesize
A large share of the decision makers were gathered in Madrid at the beginning of the week, resulting in less activity. However towards the end of the week, activity picked up and rates improved. It is mainly the front haul market being the main driver, with Tubarao /Qingdao being fixed at strong USD 29.75 pmt for first half November dates. West Australia round remain around steady USD 12 pmt despite lack of requirements from the big three. Period and short period markets have been inactive, whit takers following closely but generally rating touch below owners ideas.
Source: FearnBulk
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Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
Press Release - Bracken International Mining (Code:1BM) listed on the Deutsche Börse’s Frankfurt Stock Exchange today at €1.00 with ...
Thursday, 20 October 11
CAPESIZES, SUPRAMAXES LEAD GAINS FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Struggling to find additional support, but still managing to post gains, the dry bulk market has stabilized itself on higher levels again yesterday, ...
Wednesday, 19 October 11
METALLURGICAL COAL PRICES TO DROP BELOW US$240/TONNE - WOOD MACKENZIE
Wood Mackenzie Says Metallurgical Coal Prices to Drop Below US$240/tonne by Q4 2012 But Long-term Demand Fundamentals Remain Robust
Wood Mackenzi ...
Wednesday, 19 October 11
SUPRAMAX MARKET WAS VERY FIRM LAST WEEK - BRS
With all sectors contributing positively, the BDI ended the week at 2,173 points (+8.6%), its highest level so far in 2011. The BCI stood at 3,587 ( ...
Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
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- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
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- SMG Consultants - Indonesia
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- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Eastern Coal Council - USA
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- MS Steel International - UAE
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
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- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
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- Indian Oil Corporation Limited
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- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
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- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
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- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
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- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- White Energy Company Limited
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- London Commodity Brokers - England
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