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Thursday, 24 January 13
DRY BULK MARKET FALLS ON TROPICAL CYCLONE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has been on the downside during the past couple of days, mainly as a result of the tropical storm which forced ports to close down in Australia, the largest exporter of iron ore. As a result, cargo demand was absent yesterday, leading rates down. The Baltic Dry Index, the industry's main benchmark was down by 1 percent to 817, while rates for the larger in size Capesize vessel-type, used to transport iron ore, were down by 2.7% to $8,431.
According to the latest report from shipbroker Fearnleys, in the Capesize segment, "weather issues literally clouding the skies in Far East, with main Australian mineral loading ports closed down. Spot volumes consequently decline on the fundamental W.Aust/China trade, whilst freight rates have so far held up due to support from strong Atlantic activity. Increased spot exports from Brazil combined with generally improved atlantic supply/demand balance has resulted in daily earnings for transtlantic and fronthaul trades are up some 35% respectively 8% w-o-w. Paper fluctuations have allowed for considerable period activity, including 2 x 180000 dwt/built 2011-12 delivering china prompt for 8-12 months at around usd 10800 and 170000 dwt/built 2000 delivering China prompt reportedly done for 8-12 months at a massive usd 11250" the shipbroker said.
Regarding the panamax market, Fearnleys added that "it has been fairly balanced all over the last week. Activity seems to come down a little bit in the atlantic, but levels remain basically unchanged. A normal trans Atlantic round is paying around usd 7-7500 daily. While we have seen several fixtures done in more specialized trades that requires INL breaching and/or ice class tonnage that pays quite a bit more. The fronthaul market is pretty silent, we do not see as many usg/ china grain cargoes in market that you normally would expect at this time of the year. And the east coast South America grain has been more quiet than the previous two weeks. Fronthaul out of ecsa now pays arnd 14000+400k bb, but varies very much with vessel specifications. In the pacific it seems that charterers are still in charge as the pacific index is at low levels arnd USD 4000. Also the period market has been pretty silent the last week. Levels remain low and varies between 7-9000 depending vessel type for one or two years period" the report said.
Finally, on the Handy front, the shipbroker noted that "the Atlantic market remains stable as supply of tonnage is still in excess of demand. USG- Feast fixed at usd 18k and CONT-FEAST at usd 11k. Pacific mkt has started falling as too many ships are in the market and no cargoes. Indo-india now at APS USD 8k + BB USD 90000. Nopac also fixed on APS at usd 7k+ 300000. South africa rounds now APS at usd 9k +300000. Short period rates for large eco supra at usd 8500" Fearnleys concluded.
In a separate report, Shiptrade & Services stated on the Supramax front that "it was another positive week for the Atlantic market with ECSA leading the way on high volumes, taking advantage the shortage of prompt loaders in the area. Supras are being fixed at USD low teens + USD 250k BB for trips to FEast, whereas from the USG to FEast are expected to get high teens, and for trips within the Atlantic mid to high teens. On the other hand, low activity has been observed at the Continent with owners accepting low rates to take advantage of the reposition.
The Pacific market had another inactive week with Indo coal being fixed at around USD 8,500 – 9,000 passing Spore redelivery ECIndia and around USD 8,000 redelivery China. In addition, there is strong tendency from charterers’ side for aps deliveries. NOPAC rounds are still not very active but some requirements were seen and ratewise talking around USD 6,500 + 350/400k BB. Some interest from charterers has been observed for short period and rates are around USD 8,500 – 9,000 depending on size and delivery point.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Tuesday, 14 May 13
KALIMANTAN COAL
Press Release : After a very successful conference in 2012, the second annual event will address latest market developments and address the future p ...
Tuesday, 14 May 13
NEWCASTLE PORT'S COAL EXPORTS FALL 6.83 PERCENT
COALspot.com - Newcastle port in Australia has loaded 2,771,891 tons of thermal and coking coal for week ended 0700 hours 13 May 2013, Newcast ...
Monday, 13 May 13
SGX ASIACLEAR OTC COAL SWAPS : RELATIVELY STABLE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.15 percent and API 8 CFR South China Coal shipment&nb ...
Saturday, 11 May 13
INDONESIA TO INDIA COAL FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK
COALspot.com - This week the market remained flat compared to last week. BDI slightly up 0.68 pct and closed at 884 points and the cape size index u ...
Friday, 10 May 13
U.S. PRODUCED TOTALED APPROXIMATELY 18.5 MMST OF COAL W/E 4 MAY 2013
COALspot.com - U.S. produced totaled approximately 18.5 million short tons (mmst) of coal in a week (For the week ended 4 May, 2013), EIA said in it ...
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- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
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