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Thursday, 08 August 13
HANDY : NO POSITIVE SENTIMENT FOR THE FAR EAST MARKET - FEARNRESEARCH
Handy
No positive sentiment for the Far East market. There are a number of ships coming open in SE Asia this week and owners rating mid/high USD 8k, but activity remains quiet. For NOPAC rounds Supras can get mid/high USD 8K bss aps + 370K bb. Pet coke and sulphur stems from MEG and WCI to SE Asia/China talking around USD 6.5-7k, otherwise ballasters from India asking USD 8.5+USD 250-275k APS S.Afr. Vessels in North China got low/mid USD 8k bss dop for 3-5 mos period and some are ballasting down to SE Asia due to few cargoes in that position.
Panamax
The Atlantic is trending downwards, but the last few days we have seen quite a bit of fresh coal cargoes in the market. This might suggest the market is getting some support around today´s levels at around USD 9500 daily. The fronthaul market has also trended down over the last week, ECSA is still the driving force where ships get paid around USD 15500+550K BB. Pacific is quiet as well, long lists of open vessels make sure the market don´t seem to improve immediately. Pacific rounds pay around USD 6k. There is a couple of long term periods reported at relatively flat levels; around 8500/9250 for 1 to 2 years period depending vessels spec.
Capesize
Entering summer doldrums as holiday season kicks in around the globe. Add the ongoing Drummond conflict, and market is losing momentum as we speak. Although w-o-w changes are seemingly not dramatic, with only an apparent USD 600 down, present index is clearly overrated and mere fundamentals indicate a further softening in the days to come. The Tubarao/China conference trade is under pressure on the back of low volumes/numerous ballasters, with actual spot levels being well below USD 20 pmt. Similarly for Waust/China, heading for USD low 8´s pmt, whilst the real heat is felt on transatlantic trades where USD 5500 has been concluded on good units. Period activity has been fair for as long as paper levels have given support (i.e. before coming to a halt), including 180k dwt/NB reportedly done for 3 years at USD 13750, also 170k dwt/built 1999 fetching USD 14k basis 4-7 months.
Source: Fearnleys AS
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Sunday, 22 December 13
QUIET FREIGHT MARKET DUE TO LONG HOLIDAYS
COALspot.com: The market was soft this week with all indices down. However towards second half of the week the futures on segments was firming up.
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Friday, 20 December 13
US PRODUCED 2.71% MORE COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal in ...
Friday, 20 December 13
DRY BULK MARKET SLUMPS AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As has been the case in recent years, the dry bulk market has been on a downward trend ahead of the Holiday Season for a large part of the world. Th ...
Thursday, 19 December 13
SHIPPING CONFIDENCE HITS THREE-YEAR HIGH - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 201 ...
Wednesday, 18 December 13
SNP ACTIVITY IN CHINA SEEMS TO BE SLOWING DOWN - CHRISTOS TRAGEAS
Approaching the end of the year, SnP activity in China seems to be slowing down in comparison to the first half of this quarter, as most Chinese Shi ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Economic Council, Georgia
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- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
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- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
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- Antam Resourcindo - Indonesia
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- The Treasury - Australian Government
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- Baramulti Group, Indonesia
- Videocon Industries ltd - India
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- Coalindo Energy - Indonesia
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- SMC Global Power, Philippines
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- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
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- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
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- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
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- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
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- Alfred C Toepfer International GmbH - Germany
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- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Kumho Petrochemical, South Korea
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