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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Australian Coal Association
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