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Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy
A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres fetched USD 13k for trips back to the Continent. Fronthual were hovering around USD 13500, while Cannakle deliveries tick above USD 12k for same. The Pacific market is firming up but seems in general little quieter today. Meanwhile, South Africa rates are climbing slightly, WC India/China iron ore rates still hovering between 13/14.00 pmt. Red Sea/India is still at low USD 20´s. Supramax rates remained strong in the east. SE Asia/China-India rates are hovering between usd15/16k.
Panamax
East Coast South America grains could be the joker for the Panamax market in the near future, with rumors of China imports rising to 56 MT this year. Fewer ballasters from the Far East fueled the optimism for ESCSA April loaders, where eco vessels now fix above 16k + 600 GBB APS. With some additional fresh mineral cargoes appearing in the North Atlantic the T/A rounds are slowly moving up to around 6k on T/C. The Pacific market seems to lose some of the positive momentum caught last week, with lack of fresh cargoes and a growing list of open positions. Levels are in the low/mid 7k range. The forward market is descending, affected by the overwhelming supply of newbuildings in all segments. Moreover, rumors and news from struggling owners keep an underlying weak sentiment and trading pace relatively slow.
Capesize
The Pacific activity level picked up without actually bringing the rate up. In fact it fell back marginally. In addition the recent flurry of short period fixing has also ebbed. It does not help that Sanko are seeking restructuring, a new cyclone is building up off Western Australia, and the Atlantic market is still inactive. The indices have continued to drop and the forward paper curve looks a lot like last year´s actual curve, indicating a lack of confidence in the market.
Source: Fearnleys AS
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Wednesday, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of PT Insani Bara Perkasa’s total concession area of 24,477 hectare.
Accord ...
Wednesday, 11 April 12
DRY BULK MARKET STILL SUBDUED, RECOVERY NOT YET SEEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market entered the new week after the past days of easter holidays in western countries in a subdued mood. The industry’s benchma ...
Monday, 09 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first week of April ended with the Baltic Dry Index falling below 950 points, before Catholic Easter, and capesizes showing a modest upturn with ...
Sunday, 08 April 12
CHARTER RATES COULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI was almost at same levels closing slightly lower by 0.64 pct at 928 points.
The Cape index was up by 6.73 pct closing at ...
Friday, 06 April 12
INDONESIAN HBA FALL TO LOWEST LEVEL SINCE JANUARY 2011
COALspot.com - Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fal ...
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- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- The University of Queensland
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Australian Coal Association
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
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