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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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Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down.
The BDI was up down by 4 ...
Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
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- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- PTC India Limited - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
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