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Thursday, 17 March 16
THE PANAMAX MARKET SEEMS TO BE A BIT TOPPISH THIS WEEK - FEARNLEYS
Cape
There are challenging days with rates or less unchanged from last week; West Australia to China still below US$ 3 pmt, and Tuarao to China in the upper 5s. In the Atlantic, the need for more cargoes is desperate, Fearnleys says in its latest weekly report.
Panamax
On commenting on Panamax sector, Fearnleys noted that, the Panamax market seems to be a bit toppish this week. The latest increase in rates has been led by elevated volumes and levels from the coming ECSA grain season. A good portion of the fleet is in ballast towards the grain ports, but charterers are holding back on 2nd half April stem to supress the recent rise.
Fearnleys further noted that, FFA's have dropped below 5k for the remainder of the year, which in turn will put pressure on the period market. On another note, we see bunker prices increasing and this will put pressure on the period market. On another note, we see bunker prices increasing and this will not most likely lead to higher USD/mt rates. TA's are now paying excess 3.5k and still a nice premium for breach in INL cargo in Baltic at US$ 4.5- 5k. In the Pacific, rounds are being fixed at mid/high 4k.
Supramax
Supra rates have improved somewhat, says Fearnleys. Vessels are achieving US$ 5000's trips with delivery in South East Asia. In the Atlantic, the rates from South America are firmer, with cargo to Europe commanding about US$ 7000 for the leg. Front haul candidates achieve about US$ 8000 with a 70-80k ballast bonus.
Grain from the USG is about on par with South Africa, but forward business is heavily discounted, and we are not aware why this is, but it shows a lack of confidence in the market. Period is generally inactive as the availability of spot tonnage does not justify paying a premium to secure period cover.
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Monday, 28 March 16
THE SUPRAMAX INDEX WAS UP TWENTY-FOUR POINTS TO 473 POINTS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 25 March 16
DRY BULK SHIPPING FLEET WILL GROW BY 1.3% DURING 2016 - BIMCO | HELLENIC SHIPPING NEWS
The dry bulk market will keep on suffering, at least until the start of 2017 and possibly well after that, should the current balance of supply and ...
Friday, 25 March 16
U.S COAL PRODUCTION DECLINED 9.1% W/W - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million shor ...
Thursday, 24 March 16
PERSISTENT OVERCAPACITY TO PROLONG CHINA'S COAL SECTOR DOWNTURN - FITCH
China's coal sector is likely to remain under pressure in the short to medium term as structural weaknesses in demand and overcapacity persist, ...
Thursday, 24 March 16
SEABORNE TRADE: CHECKING UP ON THE TRENDS - CLARKSON RESEARCH
Following a decline in 2009, seaborne trade grew on average by 4.9% p.a. in 2010-13, reflecting booming import demand in a number of key importing ...
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- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
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