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Thursday, 04 February 16
CAPESIZE: WEST AUSTRALIAN TO CHINA HAS BEEN CONCLUDED AT US$ 2.85 PMT AND THE C3 MARKET REMAINS INACTIVE - FEARNLEYS
Capesize
As everyone is getting ready for the Chinese new year, already depressed rates are under further pressure.
According to Fearnleys, West Australian to China has been concluded at US$ 2.85 pmt and the c3 market remains inactive. Period rates for one year remains in the low US$ 5,000s. Owners are exploring the opportunities for laying up tonnage, but so far few ships have actually been laid up.
Panamax
Fearnleys’s this week’s report says, freight rates remain at historically low levels for panamaxes. In the Atlantic basin a decent flow of cargoes have been seen this week but, they covered at rock bottom levels. Only flashes are grains from USG and ECSA paying up from last week.
The broker further added that, the Fertilizer from Baltic to China pending amd mid teens which give the owner less than 5k in return on TC. With the China new year coming up, Fearnleys anticipates the activity to drop further in Feast. Nopac business paying around 2.5 - 3k aps and Aussie/China paying around 3k+40 aps. Some periods with wide spreads concluded and we estimate good panamax obtain 4250 for 6-7 mos up to 1 year now.
There are a lot of insecurity around and many owners have to renegotiate hire rates in order to survive the coming months, Fearnleys says in its latest report.
Supramax
commenting on Supramaxes, Fearnleys says, Suparamaxes do not see any light at the end of the tunnel.
It seems that the market moves in line with the bunker prices and as such has actually see the bottom. With period fixture in the mid US$ 3000's and small movements in the trip rates still in the US$ 1000-1500 level, there is little reason to rejoice.
Having said that, the market can only go one way, and as such we may see upward movements on the back of seasonal demand, but it is unlikely to be sustainable, the broker concluded.
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Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- PTC India Limited - India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
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