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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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Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production.
...
Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
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- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Oldendorff Carriers - Singapore
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