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Thursday, 29 July 10
BALTIC INDEXES ARE POSITIVE SINCE A FEW DAYS
Handy
Baltic indexes are positive since a few days which could mean that markets have bottomed out (as we correctly predicted in our report of last week!) and we will see increased rates this week and next week. Atlantic markets are seeing fresher enquiry on Continent and Black Sea. In the FEast there continues to be enough activity to keep rates at a stable level but sentiments remain mixed, some saying level has bottomed and we will remain at this level until at least Q4 others saying we are in for a further dip. However, Owners remain positive given recent rates and stability. Indo to China and India are fixing in the mid/high teens with a tick more for Nopac RVs. Backhauls, basis N China, have been seen in the low teens. Short period on modern tonnage is asking in the early 20´s.
Panamax
The slow market recovery indicated last week has continued, in particular in the Atlantic where some Charterers even find prompt requirements challenging to cover. In the Pacific the interest for short period has increased, although it is still based on limited volumes on levels around 23.000 day. TA`s fixed arnd USD 20,000, up USD 2,000 from last week. Fronthauls fixtures were done at 30,000 day. Pacific rounds kept fairly stable from last week at USD 18,000 day and the 2010 record low backhaul climbed from USD 11,000 to USD 12,000 day. The contango in the FFA market (for Q4) and the increased interest in period tonnage could indicate the market has passed a turning point.
Capesize
Fundamentally nothing is changed from last week, still a good number of ballasters as well as supply of ships for early dates in the east. There is presently a firm sentiment, but it seems mainly paper driven. West Australia round is presently around US$ 6.50 and Tubarao to Qingdao at 17 - 18 level. There have been done a couple of period fixtures this week, but overall the market is best summarized in two words; uncertainty and lack of cargoes. Furthermore, we are entering the holiday season in the east and less activity is expected.
Source: FEARNRESEARCH
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Australian Coal Association
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- The University of Queensland
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
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