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Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
 It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm however, so a big slide was not expected in the short term. In the coal market, South Africa’s Richards Bay terminal confirmed a sharp rise in Asian exports, which rose to 42% of total shipments in the first quarter of this year, up from 25% a year earlier – due mainly to Chinese and Indian demand. In Europe, Thyssenkrupp became the first European buyer to confirm it had agreed an iron ore price on a quarterly basis. In line with the Japanese contracts, it also reported a 100% price increase, back-dated to April 1. Meanwhile China confirmed steelmaker Pangang Group would be combined with Angang Steel and Benxi Iron and Steel. The merger will create the country’s largest steel group.
Supra/Handy
The Handy/Supramax markets stayed firm and stable in the Atlantic throughout the week, while in the Pacific basin the market was also healthy but with less activity and a softening tendency. Supramaxes from West Africa were fetching close to US$ 30,000 per day for trips via ECSA to Continent and closer to low US$ 40,000s for trips out to the East. The USG and ECUS also remained very firm with trips USG to the Med paying in the high US$ 40,000s, and above US$50,000 for trips out. Scrap cargoes from the Continent to the Med are paying Supramax units in the low US$ 30,000s TC equivalent.
The transatlantic round on Supramax was negociated in the low US$ 30,000s level towards the end of the week. Looking at the Pacific market now, India softened during the week with WC stems to China paying in the very low US$ 30,000s TC equivalent on large units and about the same levels from EC India. Supras for Richards Bay rounds back to India were paying in the mid/high US$ 20,000s and it is becoming difficult to persuade owners to finish trips in WC India with Monsoon kicking in.
Nopac and Aussie rounds saw larger units fixed in the low-mid US$ 20,000s, while Indonesia/India and Indo/China rounds were fixed closer to mid US$ 20,000s level depending on delivery point. There were few short period candidates in the Far East but large Supras are seeing close to mid US$ 20,000s levels.
Panamax
A continued slump in the market saw rates slip further on the week. The BPI fell 7% to finish the week at 3,757 points, while the four time charter average closed at US$ 30,239. The Atlantic lacked any fresh enquiry and although there was a clear-out of early tonnage, rates remain under pressure for now, although charterers with stems ex north Continent found tonnage a lot more positional. In the Pacific, the South American grain market continued to serve tonnage out east but again here rates had slipped to around US$ 28,000. The Australia and north Pacific round voyages too came off with less fresh enquiry and deals were being fixed at close to the US$ 30,000 mark. The longer term period market saw a 12 month deal concluded with delivery in the east for prompt dates at a steady US$ 28,000 level.
Capesize
An 8% leap in the four time charter average this week, with rates finishing the week at US$ 28,441. The rise was mainly achieved on the back of strong Atlantic rates where activity picked up noticeably. There was again little period business although a 177,000 dwt vessel ex yard in May was reported fixed at 2 years for US$ 31,500. The market will continue to watch what impact the new, higher commodity prices will have on demand. The BCI inched up 39 points on Monday, with some expectations of a further increase this week.
Source: BRS Dry Bulk
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Wednesday, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
The current Ebola outbreak in West Africa has been declared as a worldwide health emergency by the World Health Organization and has had a great im ...
Tuesday, 18 November 14
VALEMAX DEAL TO DETERMINE DRY BULK MARKET'S FATE - DREWRY MARITIME RESEARCH
Vale’s accord to sell and lease four Valemax vessels to COSCO might have negative repercussions on dry bulk freight rates. Vale has committed ...
Tuesday, 18 November 14
SUB-BIT FOB INDONESIA COAL SWAP DELIVERY Q2' 2015 CLOSED AT $ 49.55; DOWN 4.10% M-O-M
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week and day on day.
The Q1 swap has lost US ...
Tuesday, 18 November 14
FOB RICHARDS BAY COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT $ 66.31; UP 1.33% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for Q1’ 2015 delivery has gained US$ 0.27 (+0.41%) month over month and US$ 0.87 (+1.33%) week ...
Tuesday, 18 November 14
CHEAP OIL PRICES COULD RESHAPE GLOBAL OIL EXPORTING MAP - HELLENIC SHIPPING
Tanker owners have enjoyed a rather healthy 2014, but as the year draws to a close, the fall of oil prices is bound to reshape traditional, as well ...
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Showing 3366 to 3370 news of total 6871 |
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- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
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