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Thursday, 19 March 15
HANDY: INDO COAL CARGOS DESTINED FOR INDIA BEING FIXED IN REGION OF $ 7-8K - FEARNLEYS
Handy
The Handy and Supra market has had a week with mixed signals. Although we see more activity in both hemispheres the rates are only up about $ 100 for TA´s and about $ 500 for Pac rounds, Fearnleys AS said in its weekly report.
Fearnleys AS further noted that, In the Atlantic we see more stems for end March dates and also into April. It does feel like it is some more positiveness amongst owns for April dates as grain season is coming up. In the Pacific we see steel cargoes ex N. China being fixed in region of $ 5k for SE Asia destinations while the Indo coal cargos destined for India are being fixed in region of $ 7-8k. We do expect the period market to become more active going forward due to the increased spot activity.
Panamax
Commenting on Panamax, Fearnleys AS said that, It is all about ECSA grain where Owners are bagging well into the 12 + 200 range bss APS. Charters now picking tonnage at mid 7.000 level bss delivery India with an increasing waiting time in ECSA. Even owners with fronthaul candidates Skaw/Gib see above 10.000 for trips via ECSA. The push for grain traders has also beefed the period market back alive, where 4-7 months are done in the mid 7.000 range. So much for the good news. Transatlantic business is fairly slow with rates hovering around unexciting 4.000 /Day. According to Fearnleys AS, the eastern hemisphere is moving sideways with a subdued injection of fresh requirements. Typical Pacific business, NOPAC, Aussie or Indo rounds are fixed in the 5-6.000 range, depending on spec and position. Fundamentally there are no major changes with oversupply being the prevailing challenge. Major miners and steel producers are seeking freight support for medium and long COA´s, indicating we could be on the bottom of a long low trend.
Capesize
The cape market remains flat with little indication that it will improve any time soon. Fearnleys AS noted on Cape that, West Australia remains at $ 4.40 pmt level, and the Brazil to China route is wobbling around $ 10.00 pmt. Also the period market has disappeared. The long awaited Q2 is in sight but not translating into increased volumes. The Q1 volumes tend to be lower due to the rainy season in Brazil and cyclone season in Australia, but this year there has been a drought in Brazil and dry in Australia, and as such Q2 volumes will not improve due to better weather conditions. So where can we look for positive signs. Well, in the 100-200 000 dwt segment the deletions (scrapping) outweigh the deliveries by about 2 million dwt. In the larger segment 200000 dwt plus, the deliveries still outweigh the deletions. In finite numbers, 30 capers have been scrapped to date, compared with a total in 2014 of 29 units.
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Tuesday, 10 March 15
FOB NEWCASTLE COAL SWAPS HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 0.24 per MT (-0.47%) month over month and US$ 1.52 (-2.93%) we ...
Tuesday, 10 March 15
CFR SOUTH CHINA POWER-STATION COAL SWAPS DECLINE
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery fell US$ 0.42 (-0.74%) per MT month over month and declined US$ 1.00 &nbs ...
Monday, 09 March 15
INDONESIA GREETS INDIA RATE CUT AS GOOD FOR EXPORTS - GLOBEASIA
Indonesian commodity producers and economists have hailed the Indian central bank’s rate cut as good for boosting exports from Southeast Asia ...
Monday, 09 March 15
CHINA'S SUPREME COURT ISSUES NEW JUDICIAL INTERPRETATION ON SHIP ARREST AND JUDICIAL SALE OF SHIPS - GARD
KNOWLEDGE TO ELEVATE
China is not traditionally a popular jurisdiction for ship arrest. However, Members and clients with ships calling at por ...
Monday, 09 March 15
CHINA'S IMPORTS - NEVER MORE IMPORTANT TO SHIPPING? - CLARKSONS
Over the last 15 years China has led maritime forecasters a right old dance. In 2002, rumours that Chinese iron ore imports were about to take off ...
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- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
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