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Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains buoyant as reflected by the heftyrates still achieved to feast (close to 45000 us for supra ex bsea). The Continent remains also quite firm due to lack of ice class tonnage. A 37000 dwt ice classed claimed to have seen rates in the upper 20´s for most directions and high 30´s t feast. Handymax vessels open in USG are seeing usd 40k for trips into the med / Continent. The outlook is fo a pursued firm markets in the Atlantic. The FEAST remains its softening tendency during the last week. For Pacific Rounds Supras can achieve high 10´s and for Indo / India coal trips around low/mid 10´s. For backhaul trips Supras trading in
| The FEAST remains its softening tendency during the last week. For Pacific Rounds Supramax can achieve high 10´s and for Indo / India coal trips around low/mid 10´s- Fearnleys |
the very low teens. The period market seems quiet, for short period Supras trading in the very low 20´s.India remains firm, for iron ore trips frm WCI to China Supras were fixed in the low/mid 30´s, vessels open in ECI trading in the mid/high 20´s
Panamax
The pmx market fell continuosly this week, with less cargoes entering the market. With a negative amount of spot cargoes compared to number of spot vsls, and the ice in the Baltic didn´t imporve the situation.TA`s fixed low USD 30k start of the week, fell to mid/high USD 20k end of the week. Fronthaul business fell from USD 40k to mid USD 30k, even with tonnage fixing in the very low 30k! Same situation were seen in the pacific, with less nopac and aussie cargoes. LME`s fixed arnd USD 22-24k end of the week, vs high USD 20k beginning of week with nopac cargoes being the accelerator. Backhauls concluded in the USD 15-17k region.
1 yr concluded at USD 23500, and short period at USD 27,500.
Capesize
The slide continues in all areas as we approach Chinese New Yearcelebrations/holidays, despite major miners steadily picking ships for the W Aust/China conference route - down 30% over the week to level out in the very low usd 20k´s. Market appeares generally overtonnaged, andballasters face a hard time being absorbed in the Brazil/China run - where rates have lost 20% in terms of earnings per day, coming in at some usd 47k.
Period interest is evident amongst leading operators, but present levels on offer are insufficient to attract candidates - with the exception of N/B 169,000 dwt sailing from Sungdong Yard accepting usd 34k basis 4-6 months to mitigate damages resulting from long-term performance failure by Chinese charterers.
Source: Fearnresearch
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Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
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- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- GMR Energy Limited - India
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