We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 02 October 14
CAPESIZE - DULL AND WITHOUT MUCH DIRECTION AS IRON ORE AND COAL VOLUMES FAIL TO LIVE UP EXPECTATIONS
Handy
After the recent weeks´ rate increase in the Atlantic we see Panamaxes snapping up handymax and Supra cargoes at much lower levels, putting some pressure to the rates for the Smaxes. We do however still see healthy levels being achieved with a slight increase of USD 200 since last week on the Tarvs, Fearnleys AS said in its latest report.
According to Fearnleys, in the Feast, Golden Week is upon us, and we see less activity in the spot and period market. Spore-Indo-India is trading at levels around USD 10k while the nickel ore rounds from Philippines are at USD 7k. The period market is very quiet this week, much lead by the falling FFA market. Owners are still holding out for levels around USD 12k for 1 year on the Supras, while takers are holding back in the low 11´s.
Panamax
Fearnleys commented on Panamax that, Indices are up, and stronger fixtures are done in both hemispheres just before holidays in India and festival time in China.
Fearnleys believes that, A steady output of USG grains give owners return of above 15,500 + 550K GBB or close to 45 pmt mid-week. Could reports of deferred rail supply of grains to US ports lead to a prolonged season? Some "pockets" with lack of tonnage in the Atlantic have resulted in significantly stronger fixtures up to and above 8k/day. However, charterers with forward requirements are offering far less returns on voyage. In the Pacific volumes and levels were sliding early week, whereas mid-week reports show strong fixtures in the 8k range for NOPAC and above 9k for trips to India. Are we about to see a seasonal Q4 push? On the contrary to the positive signals above, arbitrage and trading is limited. There has been a stable lack of confidence in the forward curve with a subdued period market. 1 year levels are around 9k, Fearnleys noted.
Capesize
On Capesize vessel, Fearnleys noted that, dull and without much direction as iron ore and coal volumes fail to live up expectations. the broker further commented, an abundance of prompt tonnage in Far East, not daring to gamble on the long Brazil rounds, compete fiercely for the few stems available ex Australia - with the Dampier/Qingdao conference trade being stuck at around USD 8 pmt or around USD 10k/day.
According to the Broker, conditions in the western hemisphere becoming critical, with a distinct lack of activity on both fronthaul and transatlantic - resulting in idled ships and the Tubarao/Qingdao key route falling close to USD 19 pmt or some USD 19k/day. Period activity remains limited as FFA values presently support no more than USD 18k for good large modern units, a brutal step down from a reported USD 20k recently done on 178k dwt/built 2009 for about 2 years.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with t ...
Friday, 26 September 14
INDIA SUPREME COURT RULING TO HIT STEEL, UTILITY EARNINGS, SAYS FITCH
COALspot.com: The 24 September Supreme Court of India (SCI) decision to cancel almost every coal block allocation since 1993 will have a negative f ...
Friday, 26 September 14
U.S WEEKLY COAL PRODUCTION FELL 1.8% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.80 million short tons (mmst) of c ...
Friday, 26 September 14
ORACLE SIGNS EPC FRAMEWORK AGREEMENT WITH SEPCO FOR COAL MINE AND POWER PLANT IN PAKISTAN
COALspot.com: Oracle Coalfields PLC, the UK developer of a lignite coal mine and power plant in the south-eastern Sindh Province, Pakistan, has ann ...
Friday, 26 September 14
NEWCASTLMAXES ARE THE MOST SOUGHT AFTER VESSELS BY SHIP OWNERS TODAY SAYS VESSELS VALUE
KNOWLEDGE TO ELEVATE
Determining a ship’s fair value can be a very tricky business, especially when you’re the one paying. As such ...
|
|
|
Showing 3466 to 3470 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- PTC India Limited - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
|
| |
| |
|