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Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy
Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates are around USD 12k. Pacific market getting softer with less cargoes seen in market. For Indo-India, large eco Supra now fixed at USD 11k for delivery Singapore. Nopac also fixed bss APS at USD 7000 + BB USD 325k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 6000 and ECI-China around USD 4000. RBCT rv fixed at APS USD 8500 + BB USD 300k. Red Sea fertilisers to India are mid/ high teens. Not much activity seen on short period and rates around USD 9500 for large Supra.
Panamax
This week we see less activity in the Panamax market. In the Atlantic basin the market has been weaker but so far fearly balanced. Ships still fetch around USD 9-10k for round voyages and about the same if they commit to slightly longer duration by fixing 2/3 laden legs redelivery Atlantic. The forward curve is on the weak note as owners that wish to fix forward positions need to accept a discount. The fronthaul market remains pretty inactive, but we have seen ships fixing around USD 14-16k depending on duration. In the Pacific the market is dropping. Here we see more and more spot ships struggling to find employment while rates are down to around 6000 dollars per day for Pacific rounds. Owners can now get better money for periods than for short trips as 1 year TC now pays around USD 7500.
Capesize
The negative trend continues and accelerates as X-mas doldrums appear to be setting in early. Down 45% w-o-w, spot levels for Capes now barely cover opex at USD 7500/day. As number of ballasters keeps growing and in particular iron ore trades keep reflecting slowing Chinese growth, no immediate stabilization or improvement can be expected. FFAs, and consequently period rates, have dropped to such an extent – theoretical consensus being around USD 9k for 12 months - that focus is shifting towards index-linked structures.
Source: Fearnleys
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Thursday, 24 January 13
INDO - INDIA NOW AT APS $ 8K + BB USD 90000 - FEARNLEYS AS
Handy
The Atlantic market remains stable as supply of tonnage is still in excess of demand. USG- Far east fixed at $18k and CONT-FEAST at $ 11k. Pa ...
Thursday, 24 January 13
DRY BULK MARKET FALLS ON TROPICAL CYCLONE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been on the downside during the past couple of days, mainly as a result of the tropical storm which forced ports to close do ...
Tuesday, 22 January 13
PORT OF ANTWERP HANDLES 7.0 PERCENT MORE COAL IN 2012 Y-Y
COALspot.com - The port of Antwerp handled 184,134,516 tonnes of freight last year.
This represents a drop of 1.6% compared with 2011, when the v ...
Monday, 21 January 13
NEWCASTLE PORT SHIPPED 10.21 PERCENT LESS COAL W/E 21 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 2,804,152 MT of thermal and coking coal for week ended 0700 hours 21 January 2013, Newca ...
Monday, 21 January 13
PANAMAX DRY BULK CARRIERS AND AFRAMAX TANKERS PROVED TO BE THE "WEAPON OF CHOICE" FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With ship financing getting ever so difficult to procure during the past year or so, ship owners had to get creative in order to persuade banks and ...
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- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- CNBM International Corporation - China
- The University of Queensland
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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