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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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Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...
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- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Central Electricity Authority - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Economic Council, Georgia
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