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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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Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...
Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. thi ...
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...
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- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
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