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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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Wednesday, 11 September 13
ASIA - PACIFIC THERMAL COAL MARKET TO REMAIN OVERSUPPLIED IN NEXT 12 MONTHS - FITCH RATINGS
COALspot.com: Fitch Ratings says the Asia-Pacific thermal coal market will remain oversupplied in the next 12 months because strong production has b ...
Tuesday, 10 September 13
COAL EXPORTS AT AUSTRALIA'S NEWCASTLE PORT SLIP 30.31% ON WEEK TO 2.36 MMT
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port down 30.31 per cent week on week to 2.36 million mt f ...
Tuesday, 10 September 13
WORLDWIDE COAL CONSUMPTION RISES SHARPLY - RA DR. ERICH SCHMITZ
By: RA Dr. Erich Schmitz, Verein der Kohlenimporteure (Germany Coal Importers Association)
World hard coal market in the first half of 2013: worl ...
Monday, 09 September 13
REBOUND IN NEWBUILDING ORDERS HASN'T HURT DRY BULK MARKET PROSPECTS, BUT SHIP OWNERS SHOULD STILL BE CAUTIOUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Since the start of 2013 and up until the end of August, one thing has really caught the headlines in the dry bulk market, except of course, the frei ...
Sunday, 08 September 13
Q3 2014 THERMAL COAL SWAPS : STEADY DIRECTION
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery up 1.88 percent month on month. The swap was moved ...
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- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
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