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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, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of PT Insani Bara Perkasa’s total concession area of 24,477 hectare.
Accord ...
Wednesday, 11 April 12
DRY BULK MARKET STILL SUBDUED, RECOVERY NOT YET SEEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market entered the new week after the past days of easter holidays in western countries in a subdued mood. The industry’s benchma ...
Monday, 09 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first week of April ended with the Baltic Dry Index falling below 950 points, before Catholic Easter, and capesizes showing a modest upturn with ...
Sunday, 08 April 12
CHARTER RATES COULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI was almost at same levels closing slightly lower by 0.64 pct at 928 points.
The Cape index was up by 6.73 pct closing at ...
Friday, 06 April 12
INDONESIAN HBA FALL TO LOWEST LEVEL SINCE JANUARY 2011
COALspot.com - Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fal ...
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- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
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