We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
|
| “Supramax trading for NOPAC rounds in the high 10´s and for Indo / India coal trips around low / mid 10´s” - Fearnleys |
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
|
|
|
Showing 6051 to 6055 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- PTC India Limited - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Planning Commission, India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
|
| |
| |
|
