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Friday, 18 January 13
DRY BULK MARKET ON THE RISE, ON STRONG DEMAND FOR CAPESIZE VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has continued its climbing trend yesterday, as the industry's benchmark, the Baltic Dry Index (BDI) was up by 39 points to 820. The leading market was the Capesize one, with the BCI (Baltic Capesize Index) rising by 142 points to 1,573. Handysizes were also a bit higher, while the two other major subsegments retreated by 11 (Panamaxes) and 3 points (Supramaxes) respectively. According to the latest weekly report from shipbroker Fearnleys, commenting on the Capesize segment it noted that "signals are mixed but the overall tendency is positive, with Atlantic leading the way. The Tubarao/Qingdao conference trade is showing strength, with major takers out to book tonnage for February dates at "last done or touch better" - next fixture expected to be USD 19 pmt or close, up some USD 1. 50 pmt or around USD 15% in net earnings w-o-w. Pacific levels follow suit, although volume in this area is limited. Paper is giving renewed support for period activity, and notable fixture include 176k dwt/built 2012 done for 8/12 months at USD 10250 basis China end January, 180k dwt/built 2011 for 8/12 months at USD 10750 basis China prompt, and an even stronger 161k dwt/built 1996 for 8/12 months at USD 10k basis China prompt" it noted.
In a similar note, Shiptrade & Services had noted on the Capesize market that it was a positive week, with rates increasing steadily. "The Atlantic market has shown a relatively positive week with the Tubarao/Qingdao route yielding TCE of about USD 17,250 improved by 500 USD and the transantlantic round trips closing at around USD 6,750/USD 7,000 increased by USD 1,250 compared to last week’s levels. As for the fronthaul trade, fixture has been concluded ex EMed via Bsea to China at USD 26,000. Despite the cyclone which hit West Australia and affected negatively iron ore trade, Pacific market slightly picked up with the round trips ending up at around USD 6,750 improved by USD 750. Period levels at around USD 10,250 for one year" the shipbroker said.
On the Panamax front, Fearnleys added that "after a positive drive last week, driven by fresh Atlantic cargoes and ECSA loaders, the market has come to a halt with a decline in both volumes and levels. Both the Atlantic and the Pacific is definitely slower, with still a few but not enough fresh cargo injection and seem at best to be consolidating before any new clear direction is proven. Still large amount of newbuidings are coming out of yards and number of ballasting dir RBCT/ECSA is increasing. Atlantic rounds are pending between 6k for short rounds and 8k for 2ll. Fronthaul paying like 14k with a premium for Baltic loading. Whilst in the Pacific owners ask 7k DOP for ECSA rounds with less takers, the Indo/India rounds have come down to 5 + 50 APS. The period market is drying up after a few longer deals done end of last/early this week including a super eco Kamsarmax at 9k for 18-24 months. Owners now ask 7k+ for short period, but takers are focused on new eco design and wide spreads to consider same" the shipbroker concluded.
Finally, in the Handysize front, it noted that "the Atlantic market remained stable with USG-Feast fixed around USD 17k. Continent/Mediterranean-Feast fixed at USD 10k. The Pacific market remained weak with lot of ships and less cargoes. Indo-India round now fixed at APS 8k + BB 120k. Nopac round fixed at APS 7500 + BB 300k. RBCT round fixed at APS USD 8500 + BB 300k. Red Sea fertilizer cargo to India fixed at mid teens. Short period activity was limited and rates around USD 8500 for large eco Supra" Fearnleys said. On the Supramax front in particular, Shiptrade added that "there was finally some optimism in the Atlantic Basin as fresh cargoes emerged this week giving positive trend on the USG and ECSA area. Even though there is lack of prompt tonnage especially in the USG, charterers with firm requirements in their hands will cover them quickly supporting the positive trend. As from ECSA, trips to FEast are paying around USD 12-13k + 2-300k BB depending on size. Transatlantic trips were more neutral on prompt dates. Rates seen are around Mid - High teens depending on the redelivery. Trips from the Emed to USG are expected to pay around USD 2,500 whereas direction Continent the rates hover around USD 5,000 depending on the redelivery. Scrap cargoes to EMed fluctuate at levels close to USD 8,000, whereas trips FEast are getting fixed at low teens. The Pacific Market finally reacted but only to settle back again after the middle of the week. Indo round voyage rates above USD 10,000 delivery Singapore to China, whereas for trips delivery ECI via Indo to India pay around USD 8,000 depending on the redelivery. NOPAC rounds are not very active but some requirements were seen and ratewise around USD 7,000 + 350/400k BB should be expected. Some interest from charterers has been observed for short period and rates are around USD 8,000 – 9,000 depending on size and delivery point" the shipbroker concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Sunday, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...
Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment&nbs ...
Thursday, 28 March 13
SHIP OWNERS KEEN ON ACQUIRING SECOND HAND TONNAGE, AS WELL AS NEW BUILDINGS IN CONVENTIONAL SEGMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship own ...
Wednesday, 27 March 13
PTBA HAS CONCLUDED US$ 16.14 BILLION WORTH OF COAL SALES AND PURCHASE AGREEMENT WITH PLN
COALspot.com - PT. Bukit Asam, a 32 years old Indonesian state owned coal miner has signed a coal sales and purchase agreement with PT PLN, (a state ...
Wednesday, 27 March 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according ...
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Showing 4331 to 4335 news of total 6871 |
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- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
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