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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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Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark ...
Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...
Friday, 29 August 14
U.S. WEEKLY COAL PRODUCTION DROPS 1.3 PERCENT, EIA SAYS
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Friday, 29 August 14
ADARO'S PROFITS SINK FURTHER AMID FALL IN COAL PRICES - JP
Adaro Energy, one of the country’s largest coal miners, has reported a 31 percent drop in net profit in the first half of this year as global ...
Friday, 29 August 14
CHINESE LIGNITE IMPORTS: QUANTITY OVER QUALITY? - CLARKSONS
In the first half of 2014, Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal. Mea ...
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- Central Electricity Authority - India
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- Minerals Council of Australia
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- Directorate General of MIneral and Coal - Indonesia
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- The University of Queensland
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- Chettinad Cement Corporation Ltd - India
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- AsiaOL BioFuels Corp., Philippines
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- Coal and Oil Company - UAE
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- Edison Trading Spa - Italy
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- South Luzon Thermal Energy Corporation
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- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
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- Parry Sugars Refinery, India
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- Bulk Trading Sa - Switzerland
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- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
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- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
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- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- McConnell Dowell - Australia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Australian Commodity Traders Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Coalindo Energy - Indonesia
- White Energy Company Limited
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- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
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- Bharathi Cement Corporation - India
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- IEA Clean Coal Centre - UK
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- Economic Council, Georgia
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- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
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- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
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