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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, 21 May 13
NEWCASTLE PORT COAL SHIPMENTS SEEN FALLING WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,205,024 tons of thermal and coking coal for week ended 0700 hours 20 May 2013, Newcast ...
Sunday, 19 May 13
COAL PRICES ARE SLUMPING DUE TO WEAK DEMAND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.03 percent and API 8 CFR South China Coal shipment g ...
Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down.
The BDI, the Baltic Dry Index is a number issued daily by th ...
Friday, 17 May 13
US COAL PRODUCTION CLIMBED 3.35 PER CENT WEEK ON WEEK
COALspot.com - U.S. produced totaled approximately 18.50 million short tons (mmst) in a week (For the week ended May 11, 2013), EIA said in its late ...
Tuesday, 14 May 13
KALIMANTAN COAL
Press Release : After a very successful conference in 2012, the second annual event will address latest market developments and address the future p ...
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- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Planning Commission, India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
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