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Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy
The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacific market is quiet with not many cargoes. Indo-India now been reported at APS basis at USD 10k+BB 85k. WCI-China was bit busy with cargoes like salt, grains, iron ore and rates were around USD 10k, whereas ECI/China was quiet and rates were 6k respectively. RBCT rounds fixed at USD 9k+300k BB. Short period rate for large eco Supra was around USD 9000.
Panamax
Reasonable levels and a fairly balanced market as the main headline in both hemispheres mid-week. Some positive signs in the Atlantic basin although on thin volumes and limited fresh business. T/A rounds in the mid 8 to mid 9k range. Fronthaul predominantly based on ECSA activity around 16 k with equiv BB for ballasters, with a growing fleet in waiting mode. Vale have also been active lately but ballasters from Feast covering most of the cargoes, so limited impact on Atlantic. Feast flooded with tonnage and new buildings combined with limited new biz causing a descending trend still healthy 9-10k done both for NOPAC and SE Asian rounds. We also expect market to slide downwards. Low activity in the period market as a majority of takers is more bearish.
Capesize
Levels remain at close to all-time low, although cosmetic spot improvement is presently seen. Probably driven more by optimism than the actual marginal increase in physical demand for prompt tonnage to carry iron ore from Waust and Brazil, daily average TC-returns are up 5% w-o-w to USD 4500 - still some USD 3k short of covering daily operating costs. Transatlantic coal trades are back to normal/catching up backlog after Colombian strikes, but the influence of same appears not sufficient to have any significant effect on market balance in this basin. FFA values remain the decisive factor for any period consideration, which means standard 170k-tonners can expect max USD 9k basis 6-9 months period. 180k dwt/built 2012 has just been concluded for 12 months period at USD 10500 basis mid April delivery in S.Korea.
Source: Fearnleys AS
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Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline.
Total production is down 9.9 million short t ...
Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...
Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...
Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down.
The BDI was down by 5.38 pct closing at 861 points and the ...
Friday, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE
COALspot.com - The Exchange has announced that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 Ap ...
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- Star Paper Mills Limited - India
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- Medco Energi Mining Internasional
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- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
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- Oldendorff Carriers - Singapore
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- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
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- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
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- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
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- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
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- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
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- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
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- Eastern Coal Council - USA
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- Siam City Cement PLC, Thailand
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- White Energy Company Limited
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- Timah Investasi Mineral - Indoneisa
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- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
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- SMC Global Power, Philippines
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- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
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- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
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- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Australian Coal Association
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- Tamil Nadu electricity Board
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- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
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- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
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- The Treasury - Australian Government
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- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Wilmar Investment Holdings
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- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bhoruka Overseas - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
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- Neyveli Lignite Corporation Ltd, - India
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