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Thursday, 08 October 15
CAPESIZE: MOST PEOPLE AGREE A SPIKE IN RATES WILL HAPPEN; WHEN, HOW LONG AND HOW SUBSTANTIAL? - FEARNLEYS
Cape
Depressives start of the fourth quarter, with c3 approaching USD 12 pmt and c5 presently in the mind 5's. According to Fearnleys ship broker, there is still hope rates will improve when the Chinese are back from holidays, although it seems unlikely given the drop in rates on the last date of the break.
The Fearnleys weekly report indicated that, period rates have been under pressure accordingly, and owners with the period tonnage tend to fix their ships for shorter duration voyages whilst awaiting better rates; most people agree a spike in rates will happen, the question is when, how long it will last and how substantial the improvement in rates will be.
Panamax
While commenting on Panamax, the broker noted that, despite the Chinese being off most of the week, the market is holding surprisingly well in both hemispheres. Expectations for Q4 in general and for USG in particular have contributed to Owners upping rates for trips out. 12800 + 280 was done from USG early week.
The report further said that, Transatlantic activity is bit reduced and not showing the same strength. However, Owners are able to secure a tick better levels, up to around 5-6 K. Pacific activity is limited, but some stronger fixtures are being reported; above 7,000 for Aussies rounds and above 8,000 for trips to India. The forward curve is moving sideways with a clear backwardation for Q1. Period activity also a bit subdued with levels in the 7's for short medium duration.
Handy
Chinese Golden Week has had a market effect on the activity levels this past week. In the Far East, rates are still flat and below the index, giving little reason for a paper rally. In the Atlantic the story is the same. Most players are hoping things pick up once China is back, that next week's Coaltrans is over, The lack of activity and mismatch between the paper and physical market has slowed period fixing, Only a couple of fixed price deals have been rumoured, said Fearnleys in its latest weekly report.
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Monday, 17 August 15
CFR SOUTH CHINA COAL SWAPS CONTINUE TO HEAD SOUTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 40 (1.05%) per MT month over month.
A commodi ...
Sunday, 16 August 15
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO STEADY NEXT WEEK
COALspot.com: The BDI softened 12.08 per cent to 1055 points this week due to weakening of cape index which was fell 25 per cent week over week to ...
Friday, 14 August 15
FOB INDONESIA COAL SWAP SHOWING NO MOVEMENT THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Friday, 14 August 15
U.S. COAL PRODUCTION UP 2.9 PER CENT THIS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.2 million shor ...
Friday, 14 August 15
CONDITIONS AND COMPLEXITIES IN A TRIPARTITE AGREEMENT: BE SPECIFIC! - INCE & CO
KNOWLEDGE TO ELEVATE
A tripartite agreement reached between the Owners, the Shippers and the Receivers provided that demurrage be paid to the ...
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- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Planning Commission, India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
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- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Parliament of New Zealand
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- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
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