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Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean positions kept the rates firm, while the previously firm USG/Cont market experienced a softening in rates.
For the ECSA market the S. Atlantic positions were fighting with the ballasters coming from Pacific causing rates to slip as the cargo list kept on declining. The Pacific market remains unchanged from previous week. For Indo-India, large eco Supra can fetch close to $ 12k open in Indonesia and NOPAC RV close to $ 9k. Premium cargoes like nickel ore are also less and vessels for nickel ore rounds fixed at $ 11-12k dely North China. Indian iron ore market remains very quiet; WCI-China around $ 8000 and ECI-China around $ 8500. Red Sea fertilizers to India are fixed around mid-20s. Very little activity and nothing much seen on short period and rate is around 12k for large Supras.
Panamax
The week started off just as quiet as the last, however some fresh cargos entered the market. The Baltic Index´s saw a marginal raise on Tuesday as some charterers increased their fixing ideas in order to secure lifting of their prompt cargoes. Try looking a bit forward it seems the overwhelming amount of vessels coming open in Atl will absorb most of the cargos for Dec dates.
Tarv´s now fixed around 16k while the fhauls fetching around 26k. Specifically Cont positions able/willing fhauls for Baltic/Murmansk cargos are paid strong numbers. Still a good push from the Indo coal cargoes and also cargo out of No Pac. Pac rounds are fixed in the region of $12k while Indo/India has seen rates at 15k for prompt cargos. The period market has been very quiet but a one-year deal was concluded at $12.2k for a 74k dwt vessels and at 13k for a Kmax. It is rumored a 2-year deal being done Wednesday but no details reported. The FFA market went up for end of the year and Q1, perhaps caused by the push on Capes.
Cape size
Pushing up on increased general demand, and Atlantic activity in particular. Rate levels for the Tubarao/Qingdao conference trade is climbing towards $ 28 pmt, up nominally some 9% and corresponding to an 18% improvement in daily earnings to come in at close to $55k.
Far East is lagging on comparably more moderate developments, with a resultant w-o-w average spot improvement of some 14% arriving at almost 29k. With paper levels about to provide support, more focus is shifted to period. Representative fixtures so far limited to 2 x modern 180kdwt concluded for 11-13 months at $16,500 with delivery Far East end Nov, also vintage 161kdwt delivering China prompt at $ 16k basis 4-7 months.
Source: FEARNLEYS AS
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Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...
Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...
Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...
Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...
Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...
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- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- The University of Queensland
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
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