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Thursday, 09 April 15
CAPESIZE: RATES ARE STILL DISAPPOINTING - FEARNLEYS
Handy
The handy market had a stronger sentiment before the Easter holidays, but have as the bigger panamaxes seen a softening tendency this week. According to Fearnleys, it is less cargoes in the market and a growing list of available tonnage in both hemispheres. The TA´s are now being fixed in region of USD 6800 while the Pac rounds are fixing in the low 6k´s. The ECSA market, which gave a push before Easter, is now slower, and a 55k dwt was reported to have done USD 12,500 for trip back to Continent mid-week. The period market is suffering from less spot activity and little has been concluded. Owners with good specs and Feast delivery still asking a nine in front for the shorter periods and seeing charterers there in the low 8´s.
Panamax
The Fearnleys ship broker further noted that, after a quiet Easter we expected activity to pick up this week, but this has not happened so far. The Atlantic is flat, where trans-Atlantic rounds continue around USD 4,500 per day. In the Pacific, the trend is once again down. We are now back to fixing aps delivery for nopac and the Pacific round is now paying around USD 4,000. Prior Easter we saw increased activity and rates in ECSA, but this positive sentiment is also gone and rates are back down to below USD 12000+200,000 BB for ECSA fronthauls. According to broker, the period market is weak; signaling that not many market players has much faith in this market. A panamax was fixed in the low 6000´s for a one-year period; however, modern tonnage can achieve a bit more.
Capesize
Commenting on Capes, Fearnleys says, rates are still disappointing, as in other dry segments. There is still no prospects for improvement for the near future and activity remains very low. Tubarao/Qingdao freight rates are presently below USD 10 and West Australia to China are in the low to mid 4 region, which they have been for some time.
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Friday, 13 March 15
ADARO RECORDED A 7% INCREASE IN EBITDA OF $877 MILLION IN 2014
“Coal market continues to be difficult and challenging” – Adaro Energy
The world’s Top 5 thermal coal exporter, ...
Thursday, 12 March 15
CAPESIZE : ACTIVITY IS LOW; PANAMAX: BIT MORE ACTIVITY; HANDY: A FIRMING WEEK
Handy
It has been a firming week in both hemispheres this week and especially in the Pacific, says Fearnleys AS in its week's week report.
...
Thursday, 12 March 15
COAL MINERS REMAIN UNDER PRESSURE AS GLUT CONTINUES - THE JAKARTA POST
Indonesia’s major coal miners reported a significant drop in their earnings last year as the sharp drop in the global demand, mainly from Chi ...
Thursday, 12 March 15
FOB INDONESIA COAL SWAP DROP TO $47.33 A TON IN THE WEEK ENDED MAR.6
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 drop month on month and week over week.
The Q2 swap fell US$ 0.37 (0.78%) month ...
Wednesday, 11 March 15
RICHARDS BAY COAL SWAPS DROP $ 3.65 - 4.0/T W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.
The Q2 swap has fell US$ ...
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- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Parliament of New Zealand
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- The University of Queensland
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
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