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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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Showing 6066 to 6070 news of total 6871 |
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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