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Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cover their stems prior the holidays, rates remained nevertheless firm (USD 50,000 still achieved by Supras dely USG to FEast) and high 20´s for transatlantic trips.
Owners are still reluctant to go Far East thus chrs have to pay hefty premiums. The Far East market continued its downward trend during the last week, for Pacific rounds charterers aiming for Supras mid teens where ows try to achieve high teens.
For Indonesia / India coal trips from Far East Supras were fixed in the high teens. For Backhaul trips Supras were trading in the low teens. The period market remains quiet, only a few fixtures reported, for short period ows asking low 20´s. India; there is still a lack of tonnage in WCI and the rates are still firm, for India / China iron ore trips vessels were fixed at very high 20´s / low 30´s.
Panamax
The Atlantic market, after a slight downturn, has been quite steady and firm with less tonnage available.
The Pacific market rates decreased heavily at the end of last, but seems now to have bottomed out and have been slowly increasing the few days, with an ´overflow´ of Indonesia shipments.
The amount of activity fading out as we are approaching the Christmas holiday and it hasn´t been many signs of a ´Christmas rush´ neither from the chrts nor the owners´ side. The period market has been slow during the last week, with few fixtures reported. A 2-year deal were concluded at US$ 19500 / day with delivery in the Pacific mid January.
Capesize
The market has over the past week been very much in a holiday mood, withdecreasing rates every day. While some owners respond by approaching the charters directly and accepting considerable less than last done, others just pull back and go for Christmas holiday.
The rate for West coast Australia to China is presently arnd US$ 11.00 pmt. Rio Tinto, BHP and FMG have been more or less absent.
Also for the Brazil to China trade there appears to be lack of cargoes and last done is in the mid twenties. There are however expectations for a stronger January! In the mean time, everyone is looking forward to enjoy the Christmas.
Souce: Fearnleys AS
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Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
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- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Australian Coal Association
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
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