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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.
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Wednesday, 30 July 14
CAPES SEEMED TO BE STRANDED AT THE SAME LEVELS; PANAMAXES MANAGED TO SLIGHTLY REVIVE - INTERMODAL
COALspot.com: The Dry Bulk market took a breath this past week, as both Panamaxes and Supras started to see a small influx of activity, which was j ...
Tuesday, 29 July 14
TOTAL SELLS ITS SOUTH AFRICAN COAL MINING ASSETS TO EXXARO
Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affili ...
Tuesday, 29 July 14
GENCO: DRY BULK SHIPPING VALUATIONS NO LONGER ANCHORED TO DISCOUNTED CASH FLOW METHOD - WEIL
KNOWLEDGE TO ELEVATE
Discounted cash flow analysis is a mainstay among the valuation methodologies used by restructuring professionals and bank ...
Tuesday, 29 July 14
SHIP OWNERS' DEMAND OF NEW VESSELS DENTED AS A RESULT OF LOWER FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The sharp downward direction of dry bulk freight rates has had a negative impact on investors’ secondhand buying appetite that wait to see th ...
Monday, 28 July 14
Q3' 14, SUB-BIT FOB INDONESIA COAL SWAP GAINED $ 0.08 DAY ON DAY AND $ 0.68 WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 increased by just US$ 0.08 day on day and US$ 0.68 week on week. The swap was lost U ...
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Showing 3571 to 3575 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Planning Commission, India
- Sical Logistics Limited - India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
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