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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, 30 June 12
THE FREIGHT RATES ARE EXPECTED TO BE STEADY TO FIRM NEXT WEEK - VISTAAR SINGAPORE
COALspot.com – The BDI was up by 2.66 pct (up by 26 points) closing at 1,004 points crossing the 1000 point barrier this week.
The c ...
Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 31.54* million tons of coal in May 2012, compared to 31.86* mill ...
Friday, 29 June 12
DRY BULK SHIP OWNERS DOING THEIR MATHS BEFORE PLACING NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With oversupply having plagued the dry bulk shipping fleet since the end of 2011, it’s become ever so evident that placing a newbuilding order ...
Thursday, 28 June 12
DRY BULK MARKET HIGHER ON CAPESIZE OPTIMISM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher yesterday, as the BDI (Baltic Dry Index) ended up by 0.71% to 988 points. Most ship types were up, with the ...
Wednesday, 27 June 12
DIRECTORATE GENERAL OF MINERAL AND COAL OF INDONESIA INTRODUCES ON-LINE SYSTEM FOR MINING PRODUCTS EXPORT APPROVAL
COALspot.com - Directorate General of Mineral and Coal of Indonesia has released "Clear and Clean" certificate for another 33 coal miners ...
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- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- PTC India Limited - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- White Energy Company Limited
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Central Java Power - Indonesia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
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