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Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage.
USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to be nice places as well and paid FE destinations in excess of USD 18k/day for Black Sea/Aden able vessels and over USD 16k daily for Baltic carriers. Short period in the Atlantic stayed almost unchanged at USD 15/16k levels. Pacific market has softened due to on-going holidays and extended weekend in FEast. For Indo-India, large eco Supra can fetch close to USD 8k bss N.China. Nickel ore cargoes are seen fixed at USD 10k dely N.China. Nopac also fixed around USD 9k dop Japan. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 11k and ECI-China around USD 7k. Some ECI Supras have been ballasting to pick up Indo cargoes as well. RBCT rv fixed at APS USD 11k + BB USD 350k. Red Sea fertilisers to India are fixed high teens. Not much activity on short period and rates around USD 12k for large Supra.
Panamax - The Panamax market has experienced a major upturn the last couple of weeks.
This trend has now stopped, and it might only be short lived correction until rates will keep on firming. The trend has been driven mainly by coal cargos with India and China being the 2 major buyers of same. We believe this will continue for a while as the prices for US coal are historically low for the Chinese. India announced that they would need to import about 15 million mt more coal, and this will again tie up tonnage and make the Atlantic more tight. Tarvs are now fixing around USD 16k while the Fhauls are being concluded at a strong 22/23k per day. In the Pacific, rounds are being fixed at around USD 11-11.5k. The short period market has seen some deals being concluded at around 11.5/11.8k for Pacific delivery.
Capesize - The Cape market has continued to be depressed.
The Pacific is weaker and rates from Western Australia have fallen to USD 7.40 from about USD 7.60+ last week. The front haul market has also fallen to about USD 20.70. The only bright spot is the US coal that has become competitive in the Chinese market and several sales have been concluded with tonnage ballasting from the Far East. This is due to the continued lack of tonnage in the Atlantic, with the few ships that are open preferring to continue to trade within the Atlantic. Short period has also been quiet with only a couple of fixtures done at a suggested level of USD 12k per day, which is still a significant premium to the spot market.
Source: FEARNLEYS AS
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Planning Commission, India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
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