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Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy
The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for trips to US Gulf, and USD 17500-ish for east redel. The US Gulf market kept more stable and fixed in line with last week, at low USD 11k towards Continent. Pacific market remained quiet due to lot of ships available. For Indo-India, large eco Supra now fixed at USD 7k for delivery Singapore. Nopac also fixed bss APS at USD 7k + BB USD 250k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 7k and ECI-China around USD 5k. RBCT rv fixed at APS USD 7k + BB USD 250k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 9k for large Supra.
Panamax
Bank holiday in London on Monday did not help the already bearish sentiment in the Panamax market. It was an extremely quiet start to the week and rates are continuing to slip in both hemispheres. We see the commodity imports to China slowing further and experienced several cargos failing subjects due to not closing the sale itself. Mid week we see some more cgos in the Atlantic but the number of vessels are still outnumbering the cargos. Tarvs are being fixed in region of USD 5k while Fhauls are being fixed at around USD 15/16k with Cont delivery. In the Pacific rounds are being fixed at ard the same levels as in the Atlantic ie 5k. The period market is non excisting with levels that can be achieved are too low for owners to even consider.
Capesize
A w-o-w improvement in daily earnings of more than 20% would under normal circumstances be remarkable, but when basis is around USD 2700 it hardly raises eyebrows. The last few days have seen a micro-rally caused by Australian miners paying up to replace tonnage delayed by bad weather, and a certain optimism has been evident also for the Brazil/China iron ore trade on speculations that Chinese mills will take advantage of falling iron ore prices. Fundamentals generally remain unchanged, however, and present spot average value of USD 3300/day still covers less than half of daily running costs. Despite this, majors keep picking short period tonnage, although at ever lower levels - recently exemplified by 177000 dwt/built 2007 delivering china prompt for 4-7 months at USD 8k/day.
Source: FEARNLEYS AS
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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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- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Central Electricity Authority - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
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