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Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and Skaw/ Passero fixed USD 5000 for trips across the Atlantic. Fronthauls was paid around USD 19,000. Pacific market is looking steadier as it has been of late. For Indo-India, large eco Supra now fixed at USD 7000 + BB USD 90,000 bss APS Indonesia. There is very limited Nopac enquiry. Indian iron ore market remains quiet with less activity on WCI & ECI as monsoon arrives, WCI-China rates around USD 8000 and ECI-China around USD 5000. RBCT rv remain around USD 6000 delivery India or 10,000 + BB USD 250k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 9000 for large Supra.
Panamax
It was a slow start to the week with limited trading in both hemispheres. With lack of fresh cargoes and a steady flow of ballasters entering the Atlantic, the supply/demand indices facing bigger gap. Mid week we do however see some more cargoes in the Atlantic and this is probably caused by the attractive freight rates being achieved by chrts. TArvs pending around USD high 8´s and fronthauls being fixed in the region of USD 17k. News of China starting up stimulus packages to help the economy might influence the market positively. They will build infrastructure and help the steel sector. In the Pacific some period fixtures were reported at low USD 6k while rounds are being fixed in region of USD 5,500-6,000.
Capesize
With a slow end to a slow week the market has struggled to pick up momentum this week with limited cargoes to be had in both basins. The levels that did fix are down w-o-w levels. C5 continued to slide, due to a very slow iron ore market, believe the lowest level iron ore cargo fixed at USD 6.75 pmt and coal prices are also dropping slowing the coal market with limited activity from Chinese importers. 4CTC average edged down to around the USD 4100/day down from the USD 4500/day level last week. There has been limited period activity but short period levels should be somewhere in the mid to high USD 9000 level. With the continuing downward trend in the market we also hear that MOL has decided to scrap and cold lay-up between 10-20 Capesizes over the coming months.
Source: FEARNLEYS AS
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Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...
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- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- Formosa Plastics Group - Taiwan
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- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- SMC Global Power, Philippines
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
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