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Friday, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy
The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG to the Continent still pays decently at around USD 20k while the Fhauls are fetching low 20k´s. Pacific market remained flat with reasonable activity from Indonesia and Nopac. For Indo-India rounds, a large supra can get USD 8,500 + 160,000 BB. For nopac, a vessel open Japan is being fixed at USD 8k. Iron ore activity remained quiet in India with no cargoes seen from WCI due to monsoons and rates around USD 9,000 and for eci-China, rates are around USD 6,000. RBCT rounds fixed at APS USD 10k + BB 350,000. Short period activity was limited and rates were around USD 10,500 for large eco supra.
Panamax
We have experienced a very slow week with little activity reported. On Tuesday we saw more cargoes in the Pacific market, however this did not influence the rates. The market has slowly been sliding downwards in both hemispheres. In the Atlantic market, the Baltic rounds are being fixed at around USD 9k while a regular Tarv is fetching same levels. For Fhauls with APS ECSA delivery ships are being fixed in the region of USD 15-16k level with a ballast bonus at around USD 550,000. The period market has not been very active lately but charterers are out there looking for index linked deals. A 12 to 16 month deal was however concluded this week at USD 10,000 daily. The drought in the US has had its effect on the crops and there are now rumors of 15 forward grain cargoes being cancelled due to bad harvesting.
Capesize
Its been a quiet week with dropping rates in both the Pacific and the Atlantic. West Australia round is presently at USD 6.70 pmt whilst Tubaroa/ Qingdao remains unchanged from the previous week, ie. in the high 17s. Short period market remaining inactive with just a handful of fixtures around USD 10,000/day for short period. Takers are expecting an improvement in Q4, although it appears unlikely now with lack of coal and dropping iron ore and huge stock piles in china - in adition to the supply of new ships.
Source: FEARNLEYS AS
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Tuesday, 07 August 12
2ND ANNUAL FLOATING TERMINALS
Press Release - After a ground breaking and successful launch in 2011, the 2nd Annual Floating Terminals conferenceis back to address innovation, co ...
Tuesday, 07 August 12
KRISHNAPATNAM PORT HAS DISCHARGED 122,247 MTS OF COAL IN JUST 24 HRS
COALspot.com - Keeping with the tradition of the new records that are set at the Olympic Games 2012, Krishnapatnam Port has also achieved in setting ...
Tuesday, 07 August 12
THE JAKARTA POST EDITORIAL: REVISITING THE MINING LAW
The Jakarta post, one of the leading English news paper in Indonesia writes in its editorial today, what the domestic and foreign investors had drea ...
Tuesday, 07 August 12
BARAMULTI SET TO LIST ON BOURSE IN Q4 - JP
The Jakarta Post reported that, coal miner PT Baramulti Sukses Sarana is preparing to make its shares available to the public in the fourth quarter ...
Tuesday, 07 August 12
REALM RESOURCES COMPLETES STUDY ON ITS KATINGAN RIA COAL PROJECT
COALspot.com - Realm Resources Ltd. has announced that it has completed the Project Study for the Katingan Ria Project in Central Kalimantan, Indone ...
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- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Australian Coal Association
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
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