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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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Monday, 04 April 16
CAPE INDEX JUMPED 70% WEEK ON WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 01 April 16
ASSESSING THE DRY BULK MARKET AT ROCK BOTTOM - CLARKSONS
While the opening months of the year are typically a weak period for the dry bulk market, the downturn so far this year has been severe. Earnings h ...
Friday, 01 April 16
NINE AM - TIME TO GET AN INDONESIAN LANGUAGE VERSION OF YOUR CHARTERPARTIES - CLYDE & CO
KNOWLEDGE TO ELEVATE
For several years, Indonesian law (Article 31, Law Number 24 of 2009) has required that memoranda of understanding (" ...
Friday, 01 April 16
U.S. COAL PRODUCTION UP SLIGHTLY WEEK OVER WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.6 million shor ...
Thursday, 31 March 16
CAPE: ANOTHER UNEVENTFUL WEEK WITH FIXTURES CONCLUDED AT LAST DONE LEVELS - FEARNLEYS
Cape
Another uneventful week with fixtures concluded at last done levels, CS levels remain around the USD 3 mark, whilst C3 is still just short o ...
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- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
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