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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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Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
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- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
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- McConnell Dowell - Australia
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- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
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- Interocean Group of Companies - India
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- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
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- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
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- Energy Link Ltd, New Zealand
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- Minerals Council of Australia
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- Indian Oil Corporation Limited
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- Ministry of Transport, Egypt
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- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
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- Georgia Ports Authority, United States
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- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
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- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
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- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
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- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
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- Toyota Tsusho Corporation, Japan
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
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- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
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- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
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- Aboitiz Power Corporation - Philippines
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- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
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- White Energy Company Limited
- Indonesian Coal Mining Association
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- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
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- Mintek Dendrill Indonesia
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