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Thursday, 20 November 14
HANDY: INDO ROUNDS ARE BEING FIXED IN REGION OF US$ 10K - FEARNLEYS
Handy
In the Atlantic we have experienced firmer rates this week much lead by the grain activity out of USG. Vsls open in the USG can achieve in excess of US$ 14k for a trip to Cont/Med. According to Fearnresearch, the TAs are now hovering around US$ 10k. Also in the Feast we see a firmer market in which specifically being helped by the increased activity out of Indonesia. The broker Fearnleys further said, Indo rounds are being fixed in region of US$ 10k whereas vessels open Spore can achieve US$ 10-11k for trips direction India. The period market is regaining activity and several short period fixtures has been concluded in region of US$ 10k bss SE Asia delivery and US$ 9k for PG delivery.
Panamax
Commented on Panamax, fearnleys said, after the strong momentum disappeared a couple of weeks ago the market has been slower and sliding down lately. However the market seem to have found some support around today’s levels and the ship/cargo ratio is rather balanced in both hemispheres. The grains keeps on coming out of the USG and this ensures that the fronthaul market stays at a steady level around US$ 15K+500K. For normal trans-Atlantic rounds owners can get around US$ 8,500-9,500 per day while the Pacific market seems to have found some support around US$ 9,000 per day. The Pacific is affected by India´s very busy coal import program. The broker fearnleys sees several ships being fixed for this business every day and this has led to a quite substantial congestion in Indian ports. “ We can count at least 100 panamaxes being tied up there and we expect this number to increase”, said fearnleys. The period market has come down a tick as well, we now see short periods being fixed around US$ 9,000.
Capesize
A bumpy ride and mixed signals. Atlantic, although at modest volumes, presently leading the way with inter-atlantic rounds done at as much as US$ 30k+. Fronthaul levels see substantial daily volatility as supply/demand balancing on a knife´s edge, however the China-Brazil-China route comes in virtually unchanged at US$ 20-20,500 w-o-w for 180,000-tonners. According to fearnleys, market sceptism is again clearly reflected in moderate paper values for 2015, not supporting period activity at fixed levels unless some 30% discount is given to present average spot levels of almost US$ 23k. To the extent period business is concluded, same is linked to index - last exemplified by 179,000- tonner built 2009 reportedly done for 2 years at BCI180AVE4TC+abt 9%.
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Sunday, 30 November 14
SUPRAMAX COAL FREIGHT RATES FROM INDONESIA TO INDIA : FIRM
COALspot.com: The BDI fell 171 points and closed at 1153 points on Friday 28 November 2014. The Cape index also lost 887 points and closed at 2151 ...
Friday, 28 November 14
NEW BIMCO CLAUSE AIMS TO REDUCE SUPPLIERS' RELIANCE ON SHIP ARREST FOR CHARTERERS' UNPAID BUNKERS
KNOWLEDGE TO ELEVATE
Ship owners can, on occasion, find themselves in the invidious position of suffering unexpected loss of hire due to a tim ...
Friday, 28 November 14
JSW ENERGY AND GRM RESOURCES JOIN GLOBALCOAL
COALspot.com: globalCOAL® announced yesterday that two new Market Members have joined its online coal trading platform. According globaCOAL&rsq ...
Thursday, 27 November 14
MINING SERVICES TAX SPIKED BY 233% - BISNIS INDONESIA
COALspot.com: The Energy and Mineral Resources Department of Indonesia said the tax contribution from mining services sector in the 3rd Q 2014 ...
Thursday, 27 November 14
PANAMAX : EXPECTATION'S FOR A STRONG END OF YEAR RUSH, DISAPPEAR DAY BY DAY - FEARNLEYS
Handy
“We have experienced a firming market the last couple of weeks. More activity from cargo owners in the Atlantic and less available to ...
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- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
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