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Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the markets. Handies are achieving around 15k per day for trips via B sea to India, H maxes US$ 20k for intermed biz. A Supra fixed 12,500 dely B sea to USG. Supras are getting high 20´s for Atl r/v .
USG/Continent/B sea activity remains solid. The outlook is for a pursued firm markets in the Atl. The F East market got under pressure this week. A reason for that might be the over tonnage on the one hand and the upcoming Chinese New Year on the other, owners try to cover their positions before the holidays and discounting their rates.
Supras trading for NOPAC rounds in the high 10´s and for Indo/ India coal trips around low/mid 10´s.The period market seems quiet, not many
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| “Supramax trading for NOPAC rounds in the high 10´s and for Indo / India coal trips around low / mid 10´s” - Fearnleys |
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fixtures reported. India; the iron ore exports to China are down and the rates dropped, where owners could achieve high 30´send of last week Supras trading now in the low/mid 30´s.
PANAMAX
It´s been a fairly quiet and flat market last week. Mixed views on direction and forward expectations, a few signs of optimism at the end of last week, but they were short lived. Limited amount of fresh orders apart from more shipments out of South America, and the list of available tonnage and ballasters grew longer as the week progressed. Charterers hesitating to commit themselves and speculating that the market will drop further.
Transatlantic at US$ 32000 pd, Front haul at US$ 41000 pd, transpacific at rv US$ 26000pd, and backhaul at US$ 17500 pd. Average Baltic index increased from3589 (US$ 28833) to 3630 (US$ 29177). Some period enquiry remains, showing some signs of optimism - 1 year US$ 25/26000, 2 years US$ 22/ 23000, and 3 years concluded a bit over 21000 pd.
CAPESIZE
Taking a slight blow after a handful of positive days. Average spot earnings stand at around US$ 39k/day and sliding on the back of simultaneous withdrawal by major miners. Limited operator activity and softening paper values effectively putting a temporary end to period fixing - where levels concluded during the week have hovered between US$42k and 44k basis 5-7months on modern 174-177000 tonners with early February China delivery.
In Atlantic, an additional 5 x 150000mt spot coal sale by Colombian miner-for Q1 lifting/destination China seems insufficient to avoid front haul Tubarao/Qingdao trade to fall close to US$ 30 pmt. Dampier/Qingdao conference trade at US$ 2 pmt and sliding as tonnage supply appears ample.
Source: Fearnresearch
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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
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Showing 5966 to 5970 news of total 6871 |
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- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- The University of Queensland
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Indian Oil Corporation Limited
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