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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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Monday, 15 April 13
SUB - BIT INDONESIA COAL SWAP SHOWS POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.70 percent and CFR South China coal shipment&nbs ...
Saturday, 13 April 13
THE FREIGHT MARKETS EXPECTED TO HOLD FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - This freight market firmed up this week and all sectors were up except for Supramax index.
The BDI was up by 1.62 pct closing at 8 ...
Friday, 12 April 13
DRY BULK SHIP OWNERS DEVELOPED NEWFOUND APPETITE FOR BULKERS DURING FIRST QUARTER OF 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's official; more and more ship owners operating in the dry bulk market appear to have developed a newfound optimism in the market's prospects. ...
Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy
The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacifi ...
Thursday, 11 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 15.96 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,545,914 tons of thermal and coking coal for week ended 0700 hours 8 April 2013, Newcas ...
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- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- The University of Queensland
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
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