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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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Friday, 26 June 15
COAL PRODUCTION IN THE U.S ROSE 6.0% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.3 million short ...
Thursday, 25 June 15
THE PORT OF NEWCASTLE SHIPPED 13.31% MORE COAL IN MAY 2015 COMPARED TO APRIL 2015
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.18 billio ...
Thursday, 25 June 15
CAPESIZE: PERIOD INTEREST REMAINED STRONG FOR A SECOND WEEK - INTERMODAL
COALspot.com: Following those depressive last six months, the BDI closed off on last Friday noting a substantial weekly increase, which pushed the ...
Wednesday, 24 June 15
PANAMAXES: THE OUTLOOK REMAINS NEGATIVE AS DEMAND FOR COAL IS DIMINISHING - YANNIS OLZIERSKY
As we get closer to the end of June, we can safely say that the 1st half of the year is leaving the dry bulk market with a bitter taste that we all ...
Tuesday, 23 June 15
Q3 FOB INDONESIA COAL SWAP FALL $1.12 IN ONE MONTH
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week.
The Q3 swap was declined $ ...
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- Central Electricity Authority - India
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- Eastern Coal Council - USA
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- Planning Commission, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- CNBM International Corporation - China
- ICICI Bank Limited - India
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- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
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- Ministry of Transport, Egypt
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- SN Aboitiz Power Inc, Philippines
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- Bangladesh Power Developement Board
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- IEA Clean Coal Centre - UK
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- Parliament of New Zealand
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- Indonesian Coal Mining Association
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- The Treasury - Australian Government
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- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
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- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
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- Coal and Oil Company - UAE
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- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
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- Economic Council, Georgia
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- McConnell Dowell - Australia
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- Ministry of Finance - Indonesia
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- Electricity Authority, New Zealand
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- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
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- Bukit Baiduri Energy - Indonesia
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- White Energy Company Limited
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- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
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