We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...
Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...
Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...
Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year.
Speaking on t ...
Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended 0700 hours 15 April 2013, Newca ...
|
|
|
Showing 4311 to 4315 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- PTC India Limited - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- White Energy Company Limited
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
|
| |
| |
|
