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Thursday, 05 June 14
PANAMAX : THIS WEEK STARTED IN A SLOW PACE - FEARNLEYS
Handy
After last week's silent and unexciting week we see some more activity this week, especially from the South American market. The rates are for TA´s up around Usd 1,700 w-o-w, however USG/Med with scrap has been concluded at a low US$ 8k. Even though new cargoes appear the market seems to be affected by market participant being away attending coaltrans in Bali and Posidonia in Greece this week. Hopefully we will see next week bringing some more pressure and rates achieving decent levels again. Indonesia / India rounds are being concluded in region of Usd 8k while a better 9k has been done for 2 legs bss delivery Indonesia. The period market is silent due to the major difference in bid/ask.
Panamax
This week started in a slow pace, little new requirements in Atlantic and an increasing number of open vessels. Pacific is also slow activity but slightly better than Atlantic. Week also influenced by Posidonia in Athens. Atlantic rounds pending around 4-5 k while pacific still in the 6-6.5k. Despite cape got an upsving mid week this did not had much positive impact on panamax unfortunately. A few fronthaul where covered in the 14k + 400.000. Limited period concluded this week but panamax reported from 10,500 -11,000 for about 1 year.
Capesize
Mixed sentiments - the past week as we have seen holidays in the east and Posidonia in Greece still going. Volumes maintained at healthy levels whilst rates overall have been flat, leaving the 180,000-tonners standard unchanged w-o-w. The Atlantic has seen the bigger improvements with the front hauls strengthen over 10% whilst the Waust/China trade broke $8 mark only to come back and at time of writing trading in the higher $7, giving a large discrepancy on the TC equivalents with standard candidates showing around $13,000 and $8,000 respectively. The period market has been more active with short period concluded around 20k, whilst one year contracts has been concluded around 23/24k, seeing some improvements on the FFA for remaining part of this year.
Source: FEARNLEYS AS
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Monday, 23 June 14
INDONESIAN COAL SWAP FOR Q3 DELIVERY LOST 8.60% Y-O-Y;4.80% M-O-M
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
Monday, 23 June 14
COAL SWAPS DROPS FURTHER MONTH ON MONTH ON WEAK DEMAND
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 6.91 percent month on month and closed at US$ 69.00 per mt a ...
Sunday, 22 June 14
THE PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA SLIPPED THIS WEEK
COALspot.com: The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell slightly on Friday ...
Friday, 20 June 14
DRY BULK MARKET LOOKING FOR UPSIDE ON ROBUST SEABORNE IRON ORE TRADE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn’t been able to justify the heightened expectations this year. Yesterday, the Baltic Dry Index managed to inch forwar ...
Friday, 20 June 14
US WEEKLY COAL PRODUCTION DROPS 1.8% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
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- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
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- Globalindo Alam Lestari - Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Tamil Nadu electricity Board
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- White Energy Company Limited
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- Economic Council, Georgia
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- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
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- SMC Global Power, Philippines
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- Wood Mackenzie - Singapore
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- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
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- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
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- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
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- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
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- Ind-Barath Power Infra Limited - India
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- Thai Mozambique Logistica
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- Indika Energy - Indonesia
- Electricity Authority, New Zealand
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- TeaM Sual Corporation - Philippines
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- Eastern Coal Council - USA
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- Romanian Commodities Exchange
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- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
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- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
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- VISA Power Limited - India
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- Posco Energy - South Korea
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- McConnell Dowell - Australia
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- Independent Power Producers Association of India
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- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
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- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
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