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Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 11k. The Pacific market got firmed up as Chinese came back from holidays. Indo-India now been reported at healthy levels at USD 7k dop South China. WCI-China and ECI-China was quiet and rates were USD 7k and 6k, respectively. RBCT rounds fixed at USD 9k + 300k BB. Short period rate for large eco Supra was around USD 9500.
Panamax
Last week ended with some strong fixtures for coal and ore in Atlantic for prompt dates. Good flow of cargoes consequently charterers had to pay up 2-3 USD pmt in order to secure tonnage. This continued beginning of this week especially for early and middle March dates. With China and Singapore back the activity level was significant up this week. T/a round voyages now paying around 7400/7500. And some orders still circulated showing there is not easy to secure tonnage. Fronthaul´s in the region of 13800/14000. Pacific rounds also increased to 7500 per day, similar as Atlantic. Some short periods reported at 8500-9000 which is up from high 7000. All in all more positive signals, but fear it will be short lived as the new building´s continue to pop out from the yards.
Capesize
With volume concerns in East Coast Australia, and the Columbian strike continuing to have an impact on volume for transatlantic routes, rates continue to fall. Fronthaul fixtures remain slow and are adding to owners woes, with Tubuaro/China at around USD 18 pmt. By far the most actively fixed route this week has been West Australia/China run, with the big Aussie miners all taking ships at mid 7´s for end Feb-early March positions as the price of iron ore continues its strong rally. At present, the rate for this route remains at mid 7´s. Whilst this has eased the tonnage surplus in the Pacific, tonnage in the Atlantic basin continues to grow and at present, the spot 4TC rate is at a painfully low USD 5,562 per day. One would hope this will improve slightly on the back of increased cargo volume in the coming weeks.
Source: Fearnleys
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Sunday, 20 January 13
S7 & S8 ROUTE FREIGHT TREND IS EXPECTED TO BE FLAT TO SOFT THIS WEEK - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices BDI up by 9.21 pct closing at 837 points. The Cape index was also sharply u ...
Friday, 18 January 13
NEWLEAD HOLDINGS LTD. TO ACQUIRE TWO COAL PROPERTIES WITH ESTIMATED COAL RESERVES OF 18.6 MMT & 143.1 MMT
NewLead Holdings Ltd. Announces Signing Agreement to Acquire Properties with Estimated Coal Reserves of 18.6 Million Tons; Signing Agreement to Acqu ...
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. ...
Friday, 18 January 13
CAPESIZE : SIGNALS ARE MIXED BUT THE OVERALL TENDENCY IS POSITIVE - FEARNLEYS
Handy
The Atlantic market remained stable with USG-Feast fixed around USD 17k, according to fearnleys’s weekly report.
Continent / Medite ...
Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
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- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Central Electricity Authority - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
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