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Thursday, 16 May 13
PANAMAX: THE FORWARD CURVE IS FALLING GRADUALLY - FEARNRESEARCH
Handy
The Atlantic market remained quiet. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The Pacific market remained uncertain as charterers holding rates and owners asking higher rates. However heard Supra open South China was fixed at low 8s for Indo-ECI rv. WCI-China is also easing off and rates getting weaker around USD 8-9k whereas ECI/China was quiet and rates were 6k, respectively. RBCT round was around USD 9k + 300 BB. Short period activity was limited and rate for large eco Supra was around USD 9k.
Panamax
Largely flat week particularly in the North Atlantic with limited with fresh cargoes. A few quick T/A runs brought some energy into the market and levels from about 8.5- 9k per day. East Coast South America remains steady with marginally lower rates but higher ballast bonuses due to congested Brazilian ports, typically 15,500 + 550k GBB. Fronthaul via Baltic reported at steady mid teens. In the Eastern hemisphere volumes are low and new business scarce. With a long list of open tonnage many owners still look for ECSA runs. SE Asian rounds between 6-7k and tick more for Nopac buiz. Marginal volumes on period, although 11-13 months done at 9k with optional 2-3rd year at high 9 and 10 flat. The forward curve is falling gradually, as could be the trend for the coming weeks.
Capesize
The positive run witnessed on the 4TC average appears to have slowed, with the index losing USD 650 w-o-w. Following last week´s firmer West Australia fixtures, tonnage in the high Pacific looks to be in surplus again and rates have come off. At the time of writing, USD 7.25 PMT has been concluded on this route by the major Australian shippers. The Atlantic and fronthaul routes remain quiet, therefore restraining any momentum generated in the Pacific. Looking forward to June and July, it remains to be seen whether the 4TC average will hold steady or deflate back to USD 4.5k levels of previous months. Consistent volumes across all fronts will be required for the latter to be prevented. Perhaps the most positive news of the week is a reported period deal for 3 years at a very strong USD15k per day. This also follows a recent trend of 2nd hand Cape plays from old players, which we hope indicates heightened confidence for the years to come.
Source: Fearnresearch
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Tuesday, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended 0700 hours 3 June 2013, Newcastle Port Corp. said ...
Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...
Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.18 percent week on week and 0.03 percent ...
Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013.
The Cape ...
Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...
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- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
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