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Thursday, 23 October 14
THE BEARS, HOWEVER, STILL CRY; FOR HOW LONG WILL IT LAST? - FEARNLEYS
 Handy
"We experience a typical oversupply of ships in the Atlantic which causing rates to slide. In the USG it is just enough cargoes to keep the rates fairly flat but for the rest of the Atlantic we see rates sliding, " Fearnleys said in its latest report. TA´s are paying around US$ 8,700. In the Feast there are still no signs of improvement. There are hardly any cargoes out of India and lack of coal cargoes from Indonesia to China. According to broker Fearnleys, Supras open Spore are being fixed in region of US$ 10/11k for trips to India while the SE Asia rounds are paying around US$ 8k. There is still some shorter periods being done and vessels open India are being reported fixed at around US$ 8-9k for same.
Panamax
Commnets on Panamax, Fearnleys said, a steady flow of new coal orders assisted by some bad weather causing delays, generated an increasing activity in the Atlantic. Owners are holding back, upping rate level after several weeks on slow pace. Atlantic rounds in the 10k range with voyage rates substantially up as well. However, USG fronthaul is marginally up, paying arnd high 15k/ low16k or abt 44 pmt midweek.
The broker further noted, the eastern Hemisphere is firming up even faster, with an increased number of coal shipments from Indonesia and South Africa to India further fueled by NOPAC grain rounds. Pacific business paying well in excess of 10k, with many Owners holding back to move. The period market is slowly returning from silence as well, with short period done in the low/mid 9´s and one year mid 9K to 10 K.
The lack of early ships and the number of increased orders is mainly the reason for the remarkable market upswing and expectations for a stronger sentiment for Q4.
The bears, however, still cry; for how long will it last?
Capesize
The turning point in the market was Thursday last week, according to Fearnleys.
Vale came into the market a picked up only a few vessels, strongly motivating the paper market to rise sharply. This rise was backed up this week in the physical market where rates flew up from high US$ 16´s to US$ 20 pmt on the important Brazil/China route.
The broker Fearnleys furher said, additionally the West Australian miners followed suit and that market has risen from low US$ 7´s to low US$ 9´s. The weighted average time charter has risen from US$ 13500 to US$ 15900 and the forward paper curve is pointing upwards. It remains to see if the market will continue to push once Singapore is back at work for the balance of the week. Nonetheless this could be a start to a much wished for healthy Q4, Fearnleys concluded.
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Friday, 17 October 14
INTERNATIONAL COAL PRICES ARE AT LOWEST LEVEL; COAL STOCKS AT INDIAN POWER PLANTS ARE ALSO AT LOWEST LEVEL
International coal prices as well as coal freights are falling and reaching to its lowest levels. According to PTI, fuel stockpiles at the thermal ...
Friday, 17 October 14
U.S. COAL PRODUCTION UP BY 3.6% WEEK - ON - WEEK
COALspot.com – United States the world's one of largest coal producers, produced approximately 19.20 million short tons (mmst) of coal in ...
Friday, 17 October 14
DRY BULK SHIPPING'S OUTLOOK NOW SHIFTING TO A LESS PROMISING ONE, SHIP PRICES EXPECTED TO FOLLOW SOON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
China’s and other Asian countries’ return to the dry bulk market last week, didn’t trigger the hoped support towards the dry bulk ...
Thursday, 16 October 14
KOREA MIDLAND POWER TO BUY 490K MT OF LCV COAL FOR 1Q 2015
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 490,000 Metric Tons (MT) of LCV (Sub) Bitumino ...
Thursday, 16 October 14
PANAMAX OWNERS RECEIVE A PREMIUM FOR GOING TO INDIA VIA INDONESIA - FEARNLEYS AS
Handy
The Handy/Supra market continues to slide in both hemispheres, said Fearnleys AS in its latest week report. In the Atlantic we see rates co ...
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Showing 3421 to 3425 news of total 6871 |
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- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Posco Energy - South Korea
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
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