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Thursday, 01 November 12
HANDY : WCI-CHINA RATES ARE AT AROUND USD 5,000 AND ECI-CHINA AROUND USD 4000 - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to a lack of cargoes and an increased supply of ships. Rates from the Continent to east Med were around USD 11k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates are around USD 11k and rates for USG-Feast about USD 18k. The Pacific market remained stable with rates mostly unchanged. For Indo-India, large eco supra´s are being fixed at USD 11k for delivery Singapore. Nopac also fixed bss APS at USD 7,000 + BB USD 300k. The Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates are at around USD 5,000 and ECI-China around USD 4000. RBCT rv fixed at APS USD 8,000 + BB USD 200k. Red Sea fertilizers to India are being fixed in the high teens. Not much activity seen on short period and rates are around USD 9,000 for a large supra.
Panamax
We hoped for some positive effects in the Panamax market after last weeks rally in the Cape size market, but this has not been the case. In the eastern hemispheres the rates has kept somewhat stable with steady flow of Indonesian coal cargoes and requirements out of Richards Bay. However signs of reduced grain and coal trading into China makes the sentiment a bit uncertain going forward. This week’s hurricane Sandy hit the USEC and caused ports and terminals to shut down. The market effects of this remains to be seen. TA´s now paying in region of 4-5k daily while the Fhauls are being fixed at aroundd USD 14k. In the Pacific we see rounds being fixed at ard USD 7k.
Capesize
Rates are under pressure this week; Front haul has been inactive the entire week. One of the early brazil loaders fixed and failed last week at usd 24, 50 - and later re-fixed usd 22,50. West Australia has been active for early dates, with fixtures excess USD 11 pmt for delivery November loading. However disappointing to see ships being failed end of this week for this trade. There is certainly a standoff in the period market still, with rates softening along with the spot market.
Source: Fearnleys AS
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Wednesday, 03 October 12
BARCLAYS'S PRICE FORECAST FOR NEWCASTLE COAL HAS BEEN WRITTEN DOWN
“ The main story in the global coal markets has been the growth in supply, with all of the major exporters adding volumes into a market which ...
Sunday, 30 September 12
SUB-BIT INDONESIA COAL SWAPS: MIXED TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 0.73 percent w-o-w but gained 0.41 percent d-o-d on Friday, 28 Se ...
Sunday, 30 September 12
INDONESIA HAS NO PLAN TO CAP COAL PRODUCTION
COALspot.com - “The current low coal prices were mainly due to a global oversupply condition, spurred by numerous mining exploitations in the ...
Sunday, 30 September 12
FREIGHT MARKET UNDER PRESSURE; OVERALL SENTIMENTS ARE STILL BEARISH
COALspot.com - The freight market seemed to have lost steam and all indices were down except for cape index.
The BDI was slightly down by 6 point ...
Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
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- Ministry of Mines - Canada
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- Bayan Resources Tbk. - Indonesia
- The University of Queensland
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- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Wilmar Investment Holdings
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- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
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- Indonesian Coal Mining Association
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- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
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- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
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- Directorate Of Revenue Intelligence - India
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- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
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- India Bulls Power Limited - India
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- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
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- Ministry of Finance - Indonesia
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- New Zealand Coal & Carbon
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- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
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- Australian Commodity Traders Exchange
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- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
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- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
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- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
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