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Thursday, 28 August 14
PANAMAX: OWNERS CAN GET AROUND USD 16000 FOR A FRONTHAUL; PERIOD MARKET - VERY QUIET - FEARNLEYS
Handy
The activity and sentiment is improving in the Atlantic with the general TA rate is up about US$ 800 w-o-w. We see more South American cargos for destination Continent and also more cargoes out of the USG. In the Feastern hemisphere we are also experiencing improvement but at a bit slower pace. Fresh nickel ore cargos are appearing in the market and Supras open Hong Kong area are able US$ 9,5k for Philippines/China runs. Spore positions are trading at around US$ 9,500 for Indo/India runs while Aussie/India has been done at US$ 10,500 bss same delivery. Some shorter periods have been concluded this week at levels ard US$ 11,500 with Pac delivery.
Panamax
The week started slowly with bank holiday in London and few fresh requirements, especially for normal Trans Atlantic and Trans pacific cargoes. So both basis are now sliding slowly downwards again as the tonnage lists are growing. In the Atlantic the round voyage is still paying around US$ 6500 and in the Pacific you get just below US$ 5000. On the fronthaul on the other hand we see increasing activity in the north Atlantic, so we expect a small uptick on this route. Today owners can get around US$ 16000 for a fronthaul. The period market is very quiet, little has been done as the spread between bid/ask is wide. Many owners expect they can get above 10k for 1 year period with far east delivery, while charterers are talking around or below 9k.
Capesize
There has been a correction in rates over the last couple of days, with a downward trend despite a very positive sentiment and great expectations. At time of writing however it is becoming more steady and the bottom seems to have been reached for now. C5 is being concluded in the mid 8s, with a low number of fixtures whilst the bid on C3 went from US$ 22 on Monday to the present US$ 23 pmt. Period activity is still scarce, which is linked to the strong faith in fourth quarter.
Source: Fearnleys
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Sunday, 07 September 14
FREIGHT MARKET CONTINUED TO BE FIRM IN SPITE OF CAPE'S THIS WEEK'S WEAK PERFORMANCE
COALspot.com: BDI up by 0.7 pct week on week and closed at 1155 points this week. The Baltic Dry Index is a composite of three sub-indexes that mea ...
Sunday, 07 September 14
SHIPMANAGERS SUPERVISION CONTRACT FOR NEWBUILDS - BIMCO
Shipmanagers are frequently called upon by their owner clients to supervise newbuilding projects on their behalf. The scope of the manager’s ...
Saturday, 06 September 14
SLOW COAL EXPORT REGISTRATION RAISES CONCERNS - THE JAKARTA POST
Several coal mining companies have yet to receive the go-ahead from the Energy and Mineral Resources Ministry to obtain exporting licenses, leading ...
Saturday, 06 September 14
DRY BULK MARKET'S PROSPECTS ARE IMPROVING, DESPITE WEAK SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been rebounding during the past month, with the Baltic Dry Index (BDI) ended the week on a high note, reaching 1,155 points ...
Saturday, 06 September 14
INDONESIA WANTS TO REGULATE COAL DEALS - THE TELEGRAPH INDIA
Indonesia has raised concerns about suspected coal deals struck between overseas buyers and its unregistered domestic miners, the telegraph India r ...
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- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Planning Commission, India
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- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
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- Bhatia International Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- The University of Queensland
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
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- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- ASAPP Information Group - India
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- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
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- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
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- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
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- London Commodity Brokers - England
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- VISA Power Limited - India
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- PNOC Exploration Corporation - Philippines
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- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
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- Energy Development Corp, Philippines
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- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
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- IHS Mccloskey Coal Group - USA
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- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
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- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
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