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Thursday, 24 April 14
HANDY : A FLOW OF FRESH REQUIREMENTS LIFTING THE PACIFIC SLOWLY TO US$ 10-11 K BSS SINGAPORE FOR COAL ROUNDS
Handy
There is still no place to hide in the Atlantic for the smaller but flexible sizes. Slow and weak seems to be the headlines, although the Pacific is slowly showing some signs of recovery. USG to Brazil is done at around mid 5K, trip across to Med at high 8´s. Front haul in the mid $15,000 range. A flow of fresh requirements lifting the Pacific slowly to US$ 10-11 K bss Spore for coal rounds. Owners see mid 9´s China-Indo-India runs, and about same for NOPAC or 10-11 + 300 BB APS. South Africa has not changed much, where India positions get about $12 K + 250 GBB for trips via S Africa to the East. Period not very active, although larger Ultramax apparently done $13,500 for Short period bss del CJK.
Panamax
The Easter break did not cause any radical changes to even the most strong believers. The overwhelming oversupply of tonnage versus too few requirements and low activity still prevails in both hemispheres. Owners in the Atlantic are simply holding back from fixing the poor returns offered. However, with a slow flow of fresh requirements sentiment is pushing the Atlantic slightly up to $3-5,000 on T/C, but far less on voyage terms. The long lack of push from ECSA grains could be in a turning point, although it remains to be seen a clear positive trend. Typical levels mid week at about $14,500 + 450 K GBB APS. In the Far East, where most people live, it is quiet and levels are still poor. Levels hovering in the $7,000 range for various rounds up to abt $9,000 for NOPAC on T/C. There is a scent of optimism from ECSA grains expectations and tick higher levels are seen on Indo/India runs.
Capesize
After Easter, the sentiment has turned more positive and owners will rather let their ships wait or ballast than fix pre Easter levels. West Australia / Qd is presently at usd 7.60, and more owners are aiming in the 8s. It's more coal being shipped and rates are slowly improving for trades like Indonesia / India and east coast Australia/ Far East. For the Atlantic and front haul however, it remains weak with lack of requirements. It's however expected this will change within soon, which will together with increased period interest be the main contributors for improved rates.
Source:Fearnresearch
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Friday, 26 September 14
NEWCASTLMAXES ARE THE MOST SOUGHT AFTER VESSELS BY SHIP OWNERS TODAY SAYS VESSELS VALUE
KNOWLEDGE TO ELEVATE
Determining a ship’s fair value can be a very tricky business, especially when you’re the one paying. As such ...
Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
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- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Siam City Cement - Thailand
- White Energy Company Limited
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
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