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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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Wednesday, 19 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Tuesday, 18 January 11
MINISTRY SEEKS COAL FROM INDONESIA - SUNDAY OBSERVER
Sunday Observer reported that, Ministry of Power and Energy is to explore the possibilities of importing quality coal from Indonesia.
Minister Pa ...
Tuesday, 18 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Sunday, 16 January 11
STANCHART GLOBAL RESEARCH SEES COAL PRICE RISING ON SUPPLY DISRUPTION - BURSA MALAYSIA MARKET NEWS
Bursa Malaysia Market News reported that, Standard Chartered Global Research has upgraded its 2011 forecasts for global thermal coal prices based on ...
Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
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- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Planning Commission, India
- Aditya Birla Group - India
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
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