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Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) and the BHI down to 588 points (-2.3%).
Capesize
After peaking at just under $33,000 per day last Monday, the Capesize 4TC experienced a steady slide during the week, with a notable reduction in cargoes in the run-up to the holidays. As a result, Tubarao-China rates fell below $30 again, while the Pacific dropped under $13. Overall however the correction was not too severe – the BCI dropped 3% w-o-w - and while there was a decline at the start of the week it was relatively modest. The coming days are not expected to be eventful, but while January FFA prices climbed $3,000+ over the week, there is still a sharp drop anticipated in the paper market in the New Year, with December’s levels in the $30,000s dropping to the $20,000s in January.
Panamax
The 4TC average gained $500 this week to close at $14,200 per day. The Pacific showed a surge of $1,000 per day mainly due to firm grain activity out of Nopac and ECSA (attracting ballasters from the east). The coal import into China was however quieter as coal stocks were at high levels. On the other side, the Atlantic gained $400 Friday to Friday and closed at $15,800 per day. This basin was relatively stable with a balance of ships and cargoes; a premium of more than $1,500 per day compared to the TA round was paid for some earlier vessels able to make the USG within December. The Indian Ocean was quiet and the India/China route was paying $14/14.50 pmt and on the short period front, the market remained at the same level as last week, paying around $12,500 per day for LME 74,000 dwt delivery North China redelivery worldwide.
Supramax/Handy
The Baltic Supramax Index went down by 37 points to finish at 1,193 points last week, while the average of the time charter routes lost about $381 daily to finish close to $13,000 per day. In the east, the market showed more activity, but not enough to support the market. There was a slight improvement in the rates from India to China which fixed at $10,000 daily. Indonesia to India and Nopac remain steady respectively at $8,000 plus equivalent bb and $7,500 daily. In the Atlantic, the USG to Med rate declined, with Supramax getting fixed at $24,000 daily, while USG to Far East was done below $30,000 daily. The market was sustained by a few requirements ex ECSA to Far East in the very high teens and interest for short period at low-mid $11,000 daily, delivery east redelivery worldwide. On the smaller sizes, the Baltic Handysize index went down by 14 points to finish at 588 points while the time charter routes lost $172 to reach $8,425 daily. The market in the east revealed more scrap/steels cargos from north to south east Asia at $5,500 per day, which helped to release a bit of pressure on the rates. In the Atlantic a lack of cargos ex Black Sea, Continent and USG drove the rate down. Med/Cont to USG was worth $7,000, and USG to Cont $15,000. However, activity was supported with more grain cargos ex upriver to Med getting fixed at $15,000 daily.
Source: Barry Rogliano Salles
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Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT
COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week end ...
Saturday, 24 December 11
CHINAS LEVEL OF GROWTH TO DETERMINE COURSE OF DRY BULK MARKET IN 2012 SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest report, shipbroker Intermodal attempted to find a silver lining in the tough year that was 2011, as well as what one could expect from ...
Friday, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS
Handy
Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end. Less spot cargoes seen, and owners are ...
Friday, 23 December 11
CONTENTIOUS ISSUES IN CONTRACT RENEGOTIATION - THE JAKARTA POST
The government has been renegotiating mining contracts, especially those 30-40 years old, with almost all mining companies, including PT Freeport In ...
Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT
COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power p ...
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Showing 4916 to 4920 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Planning Commission, India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
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