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Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy
The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips to the east ex Continent are close to USD 28k. The Pacific market has been quiet and limited activity seen in basin. Charterers now book vessels on APS basis and ballast bonus barely covering bunker costs. For Indo-India, large eco Supra can fetch close to Usd 7k + BB USD 100k basis APS Indonesia . Premium cargoes like nickel ore are also less and vessels for nickel ore rounds fixed at USD 6k dely North China. Indian iron ore market remains dead with no activity on WCI & ECI forcing vessels to ballast to RBCT and Indonesia. WCI-China rates around USD 10k and ECI-China around USD 9k. RBCT rv fixed at USD 9k for vessel opening in ECI. Red Sea fertilisers to India are fixed around mi-20s. Not much activity seen on short period however rates around USD 12k.
Panamax
Panamax hardly affected by the recent firmer tendency for the big sisters. In the Atlantic rates are holding and hovering in the 15-16k range. Activity is gradually cooling down as most players are moving only to close their books for the year. Fronthaul is under some pressure for prompt loading with levels now passing 25k - and with some positional pockets on the North Cont or from Black Sea adding a good premium. For January the Atlantic basin looks more fine-tuned and balanced, so far. In the Eastern hemisphere some fresh activity has pushed levels up a notch close to the12k mark, but mixed signals going forward. The period market is slow with short period levels in the mid 12´s and one year around 13. Takers ask for options to move, the Owners look for higher levels.
Capesize
The market has operated on a two tier level. Spot positions demanding improved numbers and those charterers willing book forward positions managing to secure tonnage at not insignificant discounts. Part of this recent behaviour is related to the Christmas season and charterers taking advantage of those owners not willing sit with open vessels during the holiday season, and secondly the recent bad weather in some Chinese ports requiring charterers to fix in spot tonnage to fill holes in the port lineup. This has fuelled the rates which have risen from usd 12.20 for west Australia/China last week to over USD 14.00 this week. The fronthaul market has also see gains, but not as much as the Pacific round voyage. The present T/C average is in the mid Usd 32k´s and this has produced some short period fixing at about USD 20k daily, this despite the forward paper market dropping sharply off early next year.
Source: FEARNBULK
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Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
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