We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 28 June 12
DRY BULK MARKET HIGHER ON CAPESIZE OPTIMISM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
 The dry bulk market inched a bit higher yesterday, as the BDI (Baltic Dry Index) ended up by 0.71% to 988 points. Most ship types were up, with the Supramax Index rising by 22 points, as rates for supramaxes were up by $229 to $12,852. Similarly, average daily rates for Handies were higer by 440 to $10,334. Capesizes also moved to higher ground, as the Baltic Capesize Index was up by 14 points, or $170, with average daily rates now at $3,826. By contrast, the Panamax market has kept on falling, as average earnings yesterday were set at $7,815.
In its weekly report, shipbroker Fearnleys noted on the Capesize market that “bunker prices have stabilized at lower levels and the freight market has seemed to have stabilized, with the exception of the Atlantic which is dismal. The usual large operators have continued to turn over their fleets at stable rates (just below USD 10k daily). The front haul market has also hit a bottom, and is now flat. We do not expect any major movement in the rates and any changes are more likely to be related to bunker cost than to the basic supply and demand picture” it said.
In the Supramax/Handysize markets, Fearnley’s noted that «the Supramax market is still looking very healthy compared to the other sizes of tonnage. In the Atlantic supply of fresh orders helped the rates to reach the range of USD 24-25k for the voyages from USG/ESAM to Continent and Med. Period activity focused mainly on 3/5 or 4/6 months employments for which vessels were paid USD 8.5/10k daily based on the delivery in the East. Pacific market has been steady and looking to remain firm in coming days as rates are getting firm on Indo and Nopac rounds. For Indo-India, large eco Supra now fixed at USD 9k basis South China dely. Some owners also asking for low teens for SE Asia dely. Nopac also fixed bss at USD 10k basis Japan. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 8k and ECI-China around USD 5k. RBCT rv fixed at APS
USD 10k + BB USD 350k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 9k for large Supra” the report noted.
Finally, on the Panamax front, it noted that “even though there were fresh cargoes entering the Atlantic it is not sufficient to have any major effect on the rates due to the growing list of available ships. In the Med, the tonnage list is shorter, perhaps giving owners the idea they might achieve good rates, however it is simply not a demand for prompt vessels in this area. More cargoes are appearing in the Atlantic for end July dates, however this is of no comfort to the many owners with prompt positions. Tarvs now being fixed in region of USD 8k. The ECSA market is served by ballasters from India and the Feast were they achieve rates around USD 14.5+475k BB basis APS delivery. Pacific market is quiet but rates seem to be quite stable with Aussie and Indo RV being the prominent trades. As for Nopac, the grain cargos are quite scarce. Rates for rounds are around 5-6k. The period market finds little support and few fixtures are reported this week. Short periods like 4/6 mos are being paid in region of 9-9.5k for Feast delivery” Fearnley’s concluded.
In a relative note, Commodore Research noted the effect of the recent weather conditions (heavy rainfall) in Southern China, with regards to the dry bulk market. Commodore mentioned that Chinese hydropower production has continued to surge and is putting added pressure on demand for thermal coal. With drought conditions finally seeing real improvement, it is possible that hydropower production will approach record levels within a few months. Panamax rates have been most affected by the decline in demand for imported thermal coal cargoes and are poised to come under additional pressure” mentioned the US-based analyst.
It added that “to make matters even worse for upcoming thermal coal demand prospects (and better for hydropower production prospects), southern China is now expected to be hit by another tropical storm. Tropical Storm Doksuri is currently situated east of the Philippines and is expected to head on a northwesterly track towards China. As of now, Tropical Storm Doksuri is expected to make landfall near Hong Kong on Saturday and bring a very large amount of rain to southern China over the weekend. Hydropower production will benefit if the storm continues on its projected path and makes landfall as planned. As hydropower production increases, there will be less demand for thermal coal” the company concluded.
Source: Nikos Roussanoglou, Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
Wednesday, 14 October 20
MARKET INSIGHT - INTERMODAL
The tanker market has experienced severe freight rate and asset value declines over the past 5 months. A potential market upturn may arise in the c ...
Friday, 09 October 20
INDIA'S COAL IMPORTS IMPROVE SOMEWHAT, BUT RECOVERY IS UNEVEN - REUTERS
India’s coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick – shipmen ...
Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
China's coal imports boomed in 2019, surprising many who had expected the government would clamp down strictly on shipments.
...
Thursday, 08 October 20
GLIMMER OF LIGHT FOR COAL, BUT SHORT TERM - FNARENA
Is coal on the rebound? Demand appears stronger and supply reductions have underpinned a tightening market. Certainly, the Newcastle thermal coal p ...
|
|
|
Showing 761 to 765 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
|
| |
| |
|
