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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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Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...
Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongka ...
Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...
Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
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- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Australian Coal Association
- MS Steel International - UAE
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
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