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Thursday, 20 September 12
SUPRAMAX : INDO-INDIA ROUNDS WERE AROUND USD 12K - FEARNLEYS
Handy
Not a bad week for Supramax tonnage, if we compare Supramax developments to the bigger size tonnage. The rates have basically remained unchanged this week and only the front haul voyages from Baltic/BlSea were valued bit less by the comparison to last week numbers. Scrap cargoes from Baltic and Cont to East Med paid decent money at around USD 14/ 15k/day. USG to FE stems were paying in the region of 18,500/day. Average of TC routes finished at USD 8840, what a remarkable number compared to Panamax average. Pacific market became firm since last week with more cargoes and tight tonnage for spot cargoes. Indo-India rounds were around USD 12k bss Singapore dely. Nopac rounds were fixed at USD 8k dely dop Japan. Indian iron ore activity was quiet. WCI-India rounds were done at USD 7k and ECI-India was fixed at USD 5k. RBCT rounds were done at USD 8k + BB 250k bss APS. Red Sea fertilisers were fixed in high teens. Short period rates for large eco Supra were around USD 9k.
Panamax
Another week with softening rates in the Atlantic. Owners looking to cover their positions for an RV are now facing levels below USD 2k. These levels are well below Opex and some owners are reluctant to even do this and dropping anchor hoping to catch a big tuna instead. Front hauls are being fixed around 11-12k. In the Pacific, however, some positive remarks where rounds now are being fixed at ard USD 5k. China officials have announced approvals for a USD 100 billion stimulus package involving 25 new subway lines and thousands of kilometres with new high ways. This could lead to improved shipments of iron ore and coal for the future and might be what we are waiting for.
Capesize
Finally activity and rates picked up pretty good, as rates for west Australia to China improved from USD 7 to 7.35 and then to 8 in three days. The latter was for early dates, but still sending positive signals. For front haul, the index is presently at USD 19.50 - with owners rating around the 20 mark. And short period, which last week was fixed at USD 8000/low USD 8000, is presently USD 9000 (last done).
Source: Fearnleys AS
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Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
Saturday, 01 September 12
PANAMAX FREIGHT RATES UNDER PRESSURE FROM LOW DEMAND - VISTAAR
COALspot.com - This week the freight market was weak with mixed results.
The BDI was down by 1.95 pct closing at 703 points, however there was so ...
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- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Ministry of Mines - Canada
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