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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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Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...
Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...
Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...
Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index.
The BDI was up by 6.87 pct closing at 824 points ...
Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake.
The regulation known as ...
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- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
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