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Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US Gulf/Skaw Passero fixed tick above USD 15k. Fronthauls fixed USD 13600. The Pacific market has remained steady. For Indo-India, large eco Supra can fetch close to USD 19k bss Singapore. Premium cargoes like nickel ore are also seen fixed at USD 13k dely North China. Nopac also fixed around USD 11k dop Japan. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 11k and ECI-China around USD 8k. RBCT rv fixed at APS USD 12k + BB USD 350k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates are around USD 12k for large Supra.
Panamax
The Panamax market has experienced some slightly positive signals the last week. We´ve seen rates coming up a bit in the Atlantic with the ECSA grain business being the main driver. We also see some more coal cargos from USEC and Baltic but the rates here are keeping somewhat flat. In the Pacific we have seen the market come off a bit with heavy rains in Aussie affecting mining and rail carriage of coal to the ports. The latter has caused vessels to start ballasting for the ECSA grain cargos in order to secure employment at decent levels. Fhauls are being fixed at around 16k + 600k GBB for ECSA and Tarvs fetching around 6k while the Pac rounds are being fixed in region of USD 7/8k. The period market is still somehow active with 1-year deals being concluded in region of USD 10,500.
Capesize
The Pacific has remained largely inactive with the exception on one Miner covering a couple of positions and managing to bring the market down in the process. The Atlantic has been equally as inactive, but there have been a few front haul fixtures at varying levels. It seems that the bottom here has been reached. Also the short period market, which had been paying a premium over the spot market, has all but disappeared.
Source: Fearnleys AS
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Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing ...
Tuesday, 08 April 14
PORT OF NEWCASTLE SHIPPED 2.90 MMT OF POWER PLANT AND SEMI-SOFT COKING COAL IN A WEEK
COALspot.com: In the week ended 07:00 hours 7 April 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensla ...
Tuesday, 08 April 14
RBCT SHIPPED 53.79% MORE COAL IN MARCH 2014
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 6.90 million to ...
Tuesday, 08 April 14
APRIL 2014 INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST SINCE JANUARY 2010
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down again the coal bench mark price by US$ 2.20 / MT to ...
Tuesday, 08 April 14
TALKING ABOUT A ONE-HORSE RACE - GEORGE LAZARIDIS
Ever since the onslaught of the financial crisis, China along with the other BRIICs, have played a pivotal role in supporting global economic gr ...
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- New Zealand Coal & Carbon
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- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
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- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
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- Cement Manufacturers Association - India
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- Australian Commodity Traders Exchange
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- Australian Coal Association
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- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
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- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Parliament of New Zealand
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- Toyota Tsusho Corporation, Japan
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- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
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- Indian Oil Corporation Limited
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- Thai Mozambique Logistica
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- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
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- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- VISA Power Limited - India
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- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
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- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
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- Singapore Mercantile Exchange
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- Georgia Ports Authority, United States
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- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
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- Mintek Dendrill Indonesia
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- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
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- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
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