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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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Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
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Showing 4986 to 4990 news of total 6871 |
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- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Central Java Power - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
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