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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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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
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