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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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Tuesday, 21 April 15
SUB-BIT FOB INDONESIA COAL SWAP: GAINED W-O-W; DECLINED M-O-M
COALspot.com: Indonesian coal swap for delivery Q2 2015 gained week over week and declined month on month.
The Q2 swap was declined US$ 1.75 ( ...
Tuesday, 21 April 15
FOB RICHARDS BAY COAL SWAP MOVE UP SLIGHTLY
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 increased slightly month over month.
The Q2 swap has increased US$ 0.2 ...
Monday, 20 April 15
BUKIT ASAM TAKES OVER STAKE IN JV FROM RAJAWALI - JP
State-owned coal miner PT Bukit Asam (PTBA) announced Friday that it had taken over almost the entire stake in a joint venture (JV) that it created ...
Monday, 20 April 15
FOB NEWCASTLE COAL SWAP GAINED WEEK ON WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.54 per MT (-7.21%) month over month and gained US$ 0.30 week ...
Monday, 20 April 15
Q4' 2015 API 8 CFR SOUTH CHINA COAL SWAP CLOSED US$ 50.28 PMT
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 4.03 (-7.28%) per MT month over month and US$ 0.05 (-0 ...
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- Bhatia International Limited - India
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- San Jose City I Power Corp, Philippines
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- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
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- Indian Oil Corporation Limited
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- Tata Chemicals Ltd - India
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- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
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- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
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- Eastern Coal Council - USA
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- Interocean Group of Companies - India
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- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
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- The Treasury - Australian Government
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- Bangladesh Power Developement Board
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- Sakthi Sugars Limited - India
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- Bhoruka Overseas - Indonesia
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- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
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- Economic Council, Georgia
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- Petron Corporation, Philippines
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- Makarim & Taira - Indonesia
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- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
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- Central Electricity Authority - India
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- Mintek Dendrill Indonesia
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- Straits Asia Resources Limited - Singapore
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- SMC Global Power, Philippines
- Sical Logistics Limited - India
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- Thiess Contractors Indonesia
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- White Energy Company Limited
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- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
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- Medco Energi Mining Internasional
- MS Steel International - UAE
- The University of Queensland
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- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Attock Cement Pakistan Limited
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- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
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- Eastern Energy - Thailand
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- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
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