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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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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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Showing 6051 to 6055 news of total 6871 |
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- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- The University of Queensland
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- White Energy Company Limited
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Planning Commission, India
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
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