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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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- Bhatia International Limited - India
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- The University of Queensland
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Economic Council, Georgia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
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