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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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Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
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- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
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