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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, 24 April 15
CHINA IRON ORE MINE CLOSURES TO SLOW ON GOVERNMENT SUPPORT - FITCH
Fitch Ratings expects fewer Chinese iron ore mine closures in 2015 as the government takes steps to support the industry, which has been struggling ...
Friday, 24 April 15
IS INDIA THE 'NEW CHINA' WHEN IT COMES TO THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been feeling the “heat” of China’s slowdown and together with the industry’s own failings, with ove ...
Friday, 24 April 15
GLOBAL STEEL PRODUCTION OUTSIDE OF CHINA CONTINUES TO FARE VERY POORLY - JEFFREY LANDSBERG
COALspot.com: Data released this week showed that global crude steel production totaled approximately 138.05 million tons in March.
Wha ...
Friday, 24 April 15
WEEKLY U.S. COAL PRODUCTION ESTIMATE FALLS 5.7% FROM LAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.0 million short ...
Wednesday, 22 April 15
PANAMAX : ATLANTIC HOLDING ON TO THE GAINS OF THE PREVIOUS WEEK; PACIFIC BUSINESS SLID QUIETLY
COALspot.com: The Dry Bulk market managed to close off the week on a positive note last Friday, while as opposed to what we have been used to, it w ...
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- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- VISA Power Limited - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- The Treasury - Australian Government
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
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