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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, 25 April 14
US PRODUCED APPROXIMATELY 19 MILLION SHORT TONS OF COAL IN A WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 25 April 14
2ND MYANMAR ELECTRIC POWER CONVENTION 2014 IS THE GATEWAY TO MYANMAR POWER INDUSTRY!
Press Release: 2nd Myanmar Electric Power Convention (MEPC) 2014 is scheduled on 21-23 October, 2014 at Traders Hotel in Yangon, Myanmar. MEPC o ...
Friday, 25 April 14
DRY BULK MARKET LOOKING FOR NEW TRACTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market seems to have gained its footing after the past few dissapointing weeks, during which the Baltic Dry Index (BDI) shedded mos ...
Wednesday, 23 April 14
EUROPE WOULD BE HARD PRESSED TO REPLACE RUSSIAN GAS, FITCH RATINGS SAYS
A ban on Russian gas imports to the EU would cause substantial disruption to Europe's economy and industry, Fitch Ratings says. In the immed ...
Wednesday, 23 April 14
KOMIPO INVITES BIDS FOR LOW VOLATILE BITUMINOUS COAL
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 90,000 Metric Tons (MT) of low volatile bit ...
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- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
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- Independent Power Producers Association of India
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- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Planning Commission, India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
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