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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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- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
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