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Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy
Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates are around USD 12k. Pacific market getting softer with less cargoes seen in market. For Indo-India, large eco Supra now fixed at USD 11k for delivery Singapore. Nopac also fixed bss APS at USD 7000 + BB USD 325k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 6000 and ECI-China around USD 4000. RBCT rv fixed at APS USD 8500 + BB USD 300k. Red Sea fertilisers to India are mid/ high teens. Not much activity seen on short period and rates around USD 9500 for large Supra.
Panamax
This week we see less activity in the Panamax market. In the Atlantic basin the market has been weaker but so far fearly balanced. Ships still fetch around USD 9-10k for round voyages and about the same if they commit to slightly longer duration by fixing 2/3 laden legs redelivery Atlantic. The forward curve is on the weak note as owners that wish to fix forward positions need to accept a discount. The fronthaul market remains pretty inactive, but we have seen ships fixing around USD 14-16k depending on duration. In the Pacific the market is dropping. Here we see more and more spot ships struggling to find employment while rates are down to around 6000 dollars per day for Pacific rounds. Owners can now get better money for periods than for short trips as 1 year TC now pays around USD 7500.
Capesize
The negative trend continues and accelerates as X-mas doldrums appear to be setting in early. Down 45% w-o-w, spot levels for Capes now barely cover opex at USD 7500/day. As number of ballasters keeps growing and in particular iron ore trades keep reflecting slowing Chinese growth, no immediate stabilization or improvement can be expected. FFAs, and consequently period rates, have dropped to such an extent – theoretical consensus being around USD 9k for 12 months - that focus is shifting towards index-linked structures.
Source: Fearnleys
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Monday, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
Press Release - Cuesta Coal Limited (ASX: CQC) (“Cuesta”) is pleased to announce it has completed its exploration activities at the Moor ...
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November ...
Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The market remained soft with all the sectors soft.
The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...
Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...
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- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Thai Mozambique Logistica
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
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