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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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Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...
Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...
Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...
Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...
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- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Economic Council, Georgia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
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