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Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in the mid 3's. According to Fearnleys, Tubarao/Quingdao was approaching upper USD 6's, being a considerable improvement from mid USD 5's only a couple of weeks ago. Period rates are finally improving as well, with present one-year rates for nice ships slowly approaching Opex levels.
Panamax
Meanwhile, in the Panamax sector, Fearnleys said that, we have experienced a week with rates firming in both hemishepheres. The levels are still slow, but the TA market is up about 37.5% in one week.
Fearnleys also noted that, the reason behind the increase is mainly caused by the grain season in ECSA. Ballasters are snapping up the cargoes, but this again leads to pressure on the rates for north Atlantic trades. Baltic Index is mid-week showing USD 9275 for front haul basis Continent delivery. We are however in the belief that owners will not sail out for under 10K. In the pacific, we see Aussie / India Cargoes being fixed in the mid 4's. Some short period fixtures have been reported in region of USD 5500 delivery Far East.
Supramax
Fearnleys added that, It has been a mixed week for Supramax sector. With the exception of the USG, all routes have improved. Despite China being off on Monday, there was a significant push early in the week, but this now seems to be running out of steam. Rate wise we are seeing USD 6000's for Singapore to India, and USD 5000's for Pacific rounds. Short period is trading around USD 5000 for Supras.
Fearnleys concluded by noting that, volume in both the basins is still healthy but the pressure is off the rates for Supras
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Friday, 15 April 16
U.S WEEKLY COAL OUTPUT FALLS ACROSS ALL BASINS - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.2 million short tons (mm ...
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...
Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...
Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mine ...
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- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Tamil Nadu electricity Board
- The University of Queensland
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Australian Coal Association
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
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