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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 keen to fix their tonnage before Christmas. Continent/Us Gulf fixed at USD 6500, and US Gulf/Continent at USD 24700. Fixtures to the east reported around USD 24-25k. The Pacific market remains quiet. Indo-India rounds are fixed dop 5000. Iron ore activity from India also remains quiet, especially from EC India. WCI China rates are now around USD 11k and from ECI around USD 8k. Red Sea fertilizers to India are fixed in the low 20s. RBCT rounds are also fixed close to USD 10k dop WCI. Short period activity is less and rates are around USD 11k for large eco Supras.
Panamax
Limited fresh business appearing in both hemispheres as Christmas is getting closer, causing the market to slide slowly. As the majority of December cargoes have been cleared out and the list of open positions is growing, expectations for the coming days and weeks are not over enthusiastic. 15k for TA, 25k for trip out, and 11k for Pacific rounds represents market levels this week. 2011 seems to end where it started, with a BPI on about 14000 and on a downward trend. Fluctuating from lowest 10372 Feb 2nd to highest 17115 March 11th the year is about to close with an average BPI also at 14000. With a descending forward curve passing 11500 for 2012 it may be highly relevant to wish all market participants a Merry Christmas and a Happy New Year!
Capesize
The Cape market has remained strong in the near term, but sharply dropping off for slightly forward dates. Spot Pacific vessels have commanded high premiums with an extreme high of USD 17.20 being paid, for WestAustralia to China, at the end of last week for very tight dates. End December cancelling has demanded USD 14.50, while second half January is being fixed at a much lower USD 11.25. January front haul positions are very tight with few or no ballaster, and recent rumours indicate rates for Brazil/China being paid well over USD 30.00 (perhaps even USD 32.00). The one-year period market has now been done at a new high of USD 18500. Although the curve has moved, the sentiment is still pessimistic and the forward market is discounted heavily.
Source: FEARNLEYS AS
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Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
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- Planning Commission, India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
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- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Australian Coal Association
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- ASAPP Information Group - India
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