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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, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.
The Cape Si ...
Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...
Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...
Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...
Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...
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- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- The Treasury - Australian Government
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