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Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its latest week report.
According to Fearnleys, the signals are mixed but less pet coke out of USG causing rates to slip together with owners wanting to fix out their positions before the Christmas holidays. TA´s are down some US$ 1,000 w-o-w while the Fhauls bss Continent delivery are fixing at pretty much the same levels as last week, ie low US$ 13k. In the Pacific we see a much more balanced market with about the same levels as last week. Indo/India coals are being fixed in region of US$ 13k while the SE Asia rounds are seeing around US$ 9k.
The short period market is still fairly active and Supras are being fixed at around US$ 10-11k depending on delivery while the bigger Ultras are being fixed at 12k, Fearnleys concluded on Handy size ships.
Panamax
The Panamax market has continued its slow sliding tendency since last week. Still not a dramatic decrease in rates, but we see the TA market being fixed in region of US$ low 10k which is down some US$ 200 w-o-w, the broker Fearnleys continues. The breaching of INL season is approaching and we see charterers with such cargoes all ready now have to pay up a bit as a premium to owners willing/able to do same. We do see fresh cargoes entering the market and it seems pretty well balanced with tonnage in the Atlantic, so the reason for rates sliding could be caused by the bigger Capes which have seen rates coming off hard.
Fearnleys further noted that, some Cape owners are even offering in on Panamax stems which again putting pressure on the rates. In the Eastern hemisphere we noted that India is importing record amounts of coal and building up congestion in the ports. This has not put pressure on the rates and with lack of other Pacific cargoes, the Pac round rates has come off some 7- 800k w-o-w.
Capesize
Imploding on a close to total absence of prompt demand, with coal as commodity and Atlantic as region being the most painful spots, said Fearnleys.
An abundance of Owners falling over each other to secure the very few available cargoes coming almost exclusively ex Australia, with resultant rate levels in free fall. According to Fearnleys , w-o-w, freight for the conference trade Continent/Far East is down 25% to US$ 18500/day, pacific rounds down 45% to US$ 6800 and average earnings down some 40% to come in at US$ 7300/day. What little period is being concluded is on index-linked basis, as neither present/predicted coal/ore volumes nor FFA values are even close to support necessary fixed levels.
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Wednesday, 17 December 14
MARKET INSIGHT - INTERMODAL SHANGHAI, SNP TEAM
As the end of the fourth quarter is approaching, we are all witness to the second hand market prices softening day by day. Any new deal surfacing t ...
Tuesday, 16 December 14
THIS PRICE IS A STEAL - EVA TZIMA
COALspot.com: Despite concerns that the slowdown of the Chinese economy would affect imports of iron ore, it seems that this has not been the case ...
Tuesday, 16 December 14
FOB RICHARDS BAY COAL SWAP FOR Q2' 15 DELIVERY CLOSED AT US$ 65.60 PMT
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month.
The Q1 swap has lost US$ 0.18 (-0.27%) month on month ...
Tuesday, 16 December 14
SUB-BIT FOB INDONESIA COAL SWAP CONTINUES ITS FALL
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 1.7 ...
Monday, 15 December 14
WILL TANKERS BENEFIT FROM REEMERGENCE OF FLOATING STORAGE PLAYS? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The tanker market has been seeing high freight rates for some time now, riding on the back of low oil prices, which are boosting demand from develo ...
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Showing 3306 to 3310 news of total 6871 |
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- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- The University of Queensland
- Star Paper Mills Limited - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
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