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Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy
The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11k. The Pacific market is also softening. Indo-india now been fixed around USD 10k basis Singapore position. WCI-China was bit busy with cargoes like salt, grains, iron ore and rates were around USD 11k whereas ECIChina was quiet and rates were around USD 6k. RBCT rounds fixed at USD 8k dop eci. Short period rate for large eco supra was around USD 9000.
Panamax
The positive trend from last week took a turn on Tuesday and the market in both Hemispheres seems to be heading south. In the Atlantic, the numbers of fresh requirements is limited and number of ballasters heading for ECSA demand more cargoes to avoid a further slide. Some increased activity from the Baltics after cold winter is not enough to give any boost so far. T/A is falling to arnd 9.000 and fronthaul at 16 +. Activity in the Pacific has been low despite the regular Indonesian coal where healthy levels above 10 K were achieved for good positions early week. Owners still looking for ECSA rounds or short period also well above the 10 K mark - takers are reluctant.
Capesize
Still on its knees and expected to remain so for the foreseeable future, as there are simply too many prompt ships around. Reflecting continuing global economic uncertainty, combined trade flows for coal and iron ore are and will be insufficient to provide a high utilization ratio for the largest bulkers. The highlight of the week has been the re-entry of a major brazilian miner to book ballasting tonnage for the Tubarao/Qingdao run, the main disappointment being that same has had no positive effect on rate levels. At present daily average of USD 4200, the spot market can hardly fall any further before technical reactions kick in. Despite this, major players keep picking quality tonnage for short and medium period - notable fixtures include 182000 dwt/2011 prompt China obtaining USD 10500 for 8-13 months, also 180000 dwt/2011 done for 6-12 months at USD 10250.
Source: Fearnleys
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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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- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
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- Metalloyd Limited - United Kingdom
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- The University of Queensland
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- PTC India Limited - India
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- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
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- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
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- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
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- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
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- Sakthi Sugars Limited - India
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- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
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- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
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- Coalindo Energy - Indonesia
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- Bukit Makmur.PT - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Indian Energy Exchange, India
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