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Friday, 08 August 14
CAPESIZE RATES ARE REMAINING MORE OR LESS UNCHANGED AT BOTTOM LOW LEVELS - FEARNLEYS AS
Handy
An improving sentiment with stronger rates and fair demand for prompt tonnage in the Atlantic, both on the Continent and in the Med for the Supra players. Scrap business to Med in the 9,000 ranges and fronthaul above US$ 11,000.
1 year reported done with ppt delivery in Greece at around 9,500/Day. After a slow start in the Pacific, the market seems to gradually turn from flat to a slightly positive trend mid week. Activity on the low side with levels around 8,000 for vessels in S. Korea/Japan range and US$ 9,000 bss S. China.
Panamax
Low activity with levels moving along an uninspiring basement floor seems to be the trend this summer. Generally most requirements are covered on APS basis, leaving a too long list of ships behind. Trading and arbitrage enthusiasm is nonexistent. North Atlantic rounds are covered in the US$ 4,000-6,000 range depending on destination and duration. USG back to Med in the 8,000 + 85,000 GBB range. Both Atlantic and ECSA fronthaul runs showing small signs of improvement mid week with US$ 13,000 + US$ 300,00 GBB obtainable for the long round.
The Eastern hemisphere is also suffering from oversupply, with levels under US$ 5,000 + 50,000 GBB APS Indonesia (US$ 190,000 GBB bss Aussie) to China and tick more if going to India. Short period done from mid US$ 7,000´s to abt US$ 9,000 spec and delivery depending, but takers are few.
Capesize
Rates are remaining more or less unchanged at bottom low levels. West Australia are presently been concluded in the mid 7s with a handful of fixtures being concluded so far this week. Front haul remaining absolutely inactive, with charters and operators trying to book tonnage at index levels (presently 18,62) for end August and September against owners in the upper 19s/low 20s.
Few period fixtures are being concluded, with last done still being the Heroic (182,000 dwt/2010)at USD 18,750 for 11/14 months.
Source: FEARNLEYS AS
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Monday, 25 August 14
API 8 CFR SOUTH CHINA COAL SWAP GAINED DAY OVER DAY AND MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.30 (+0.44%) day on day and decreased US$ 0.20 (- ...
Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...
Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...
Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE
The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...
Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME
COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successful ...
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- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
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