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Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US Gulf/Skaw Passero fixed tick above USD 15k. Fronthauls fixed USD 13600. The Pacific market has remained steady. For Indo-India, large eco Supra can fetch close to USD 19k bss Singapore. Premium cargoes like nickel ore are also seen fixed at USD 13k dely North China. Nopac also fixed around USD 11k dop Japan. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 11k and ECI-China around USD 8k. RBCT rv fixed at APS USD 12k + BB USD 350k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates are around USD 12k for large Supra.
Panamax
The Panamax market has experienced some slightly positive signals the last week. We´ve seen rates coming up a bit in the Atlantic with the ECSA grain business being the main driver. We also see some more coal cargos from USEC and Baltic but the rates here are keeping somewhat flat. In the Pacific we have seen the market come off a bit with heavy rains in Aussie affecting mining and rail carriage of coal to the ports. The latter has caused vessels to start ballasting for the ECSA grain cargos in order to secure employment at decent levels. Fhauls are being fixed at around 16k + 600k GBB for ECSA and Tarvs fetching around 6k while the Pac rounds are being fixed in region of USD 7/8k. The period market is still somehow active with 1-year deals being concluded in region of USD 10,500.
Capesize
The Pacific has remained largely inactive with the exception on one Miner covering a couple of positions and managing to bring the market down in the process. The Atlantic has been equally as inactive, but there have been a few front haul fixtures at varying levels. It seems that the bottom here has been reached. Also the short period market, which had been paying a premium over the spot market, has all but disappeared.
Source: Fearnleys AS
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Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
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- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
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