We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 22 November 13
DRY BULK MARKET STILL LACKLUSTRE, DESPITE PROJECTIONS OF A NEW RALLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
We might still be about six weeks far from the end of the year, but the projected by many analysts upcoming rally of the dry bulk market, hasn't yet arrived. As a result, the Baltic Dry Index (BDI), the industry's benchmark was once again lacking support, ending yesterday at 1,499 points, down by 28 points. Capesizes are still struggling for higher ground, with the Baltic Capesize Index (BCI) down by 64 points on the day at 2,447. Panamaxes were unchanged over the previous session, while smaller ship types witnessed some kind of positive support and were a bit higher on the day.
According to the latest weekly report from shipbroker Fearnleys on the capesize market, it was noted that "triggered by healthy far east demand and improving FFA levels - and nothing else - the downward trend has turned into notable spot and period improvement. Due to sudden need for early loaders on the WAust/China ore trade, values of Far East rounds have jumped almost 10% to come in at usd 19k. Although at smaller scale, a similar situation for pacific coal trades has contributed to stop a negative spiral and maintain average earnings flat at just under usd 19k w-o-w. Atlantic is best described as uncertain, and increased cargo volume in this area is badly needed for any further general improvement to happen. Although little actually concluded, period levels are up on average some usd 750/day on back of paper improvement" it said.
Meanwhile, on the Panamax front, Fearnleys noted that "the Panamax rates dropped in both hemispheres this week. With a slow demand and vessels being ballasted from Pacific into the USG, rates continue to drop for December loading. Spot rates at around USD 50pmt for USG/China vs a January stem being fixed at USD 46pmt this week shows little faith in Q1. Although FFA values are trading up at time of writing, it would seem this is a consequence of the bigger Capes experiencing a firming tendency. TA´s are now being fixed in region of 10/11k depending on delivery while Pac rounds are being fixed in the 9´s. The period market is more or less none existing although one LME got fixed for 1 year at USD 11,300 for Feast delivery".
Finally, on the Handy markets, Fearnleys said that "the Atlantic market experienced a general rate increase for most trades this week. More cargoes in the market and chrts looking for prompt tonnage to cover their USG loadings had a tough time getting cvrd. In the eastern hemisphere the rates have remained firm this week. Supported by large volume on Indo nickel ore and bauxite, rates have been reported at around USD 17/18k levels. The bauxite trade is largely affected by the new export tax being implemented in 2014 which will most likely slow down the volume for same. Indo/India runs are being rated in the mid teens by ships open N.China and same levels for NoPac rounds. Short periods are being fixed in region of USD 12-13k", it concluded.
Meanwhile, in the newbuilding market, Clarkson Hellas said that "there were further orders to report this week in the VLOC market, with it coming to light that Henghou Industries have contracted two further vessels in a series of 250,000 DWT ore carriers at Guangzhou Longxue. Pricing remains undisclosed, however delivery of these latest vessels is planned for 2016 and takes the total series to four firm. Knightsbridge Tankers are reported to have placed an order for two firm 180,000 DWT Capesize at Daehan Shipbuilding, with delivery of both vessels planned for 2015. In the smaller sizes, it is understood that Shih Wei Navigation have contracted a single 60,000 DWT Supramax bulk carrier at Onomichi in Japan. Delivery is planned for mid-2016 with pricing in the region USD 29 million.
Limited ordering to report in the tanker market this week, with a single contract for one firm plus one option 50,000 DWT Jones Act Product Tankers from Seabulk International at General Dynamics NASSCO. The vessels will be built ready for conversion to using LNG as a fuel, with the first due to deliver at the very end of 2016 and second vessel in 2017.
In the gas market, BW Gas have declared options for the fifth and sixth in a series of 84,000 CBM LPG carriers at HHI, with delivery of both vessels understood to be for mid-2016. A relatively quiet week also in the container market with just one order to report. Cape Shipping have contracted two firm 6,900 TEU container carriers at Hanjin Subic, with delivery of the first vessel in mid-2015. In other sectors, Hoegh Autoliners have declared further options for 8,500 unit PCTCs at Xiamen. These latest orders take the series to six firm vessels with delivery planned for the first quarter of 2016".
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 04 December 13
SGX'S MONTHLY VOLUMES REACHED A RECORD HIGH OF 705,000 MT IN NOVEMBER 2013
COALspot.com: SGX has announced that, it monthly volumes have reached a record high of 705 lots (705,000 mt) in November 2013 with month-end open in ...
Tuesday, 03 December 13
PORT OF NEWCASTLE IN QUEENSLAND SHIPPED 1.22 MMT MORE COAL W-W
COALspot.com: In the week ended December 2, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.49 ...
Tuesday, 03 December 13
U.S PRODUCED 900.80 MMST YEAR-TO-DATE
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.7 million short tons (mmst) of coal in ...
Monday, 02 December 13
SUB-BIT INDONESIA COAL SWAP DIFFERENCE BETWEEN Q1 AND Q3 DELIVERIES ARE VERY MARGINAL
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 1.67 pmt month on month on Friday 29 Novemb ...
Sunday, 01 December 13
API 8 CFR SOUTH CHINA COAL SWAP FOR Q2 AND Q3 DELIVERY SHOWS A DECLINE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.63 percept d-d on Friday 29 November 2013. The CFR South ...
|
|
|
Showing 3981 to 3985 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
|
| |
| |
|
