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Thursday, 30 June 16
CAPE - THIS WEEK'S FREIGHT AND ACTIVITY LEVEL HAVE KEPT STABLE - FEARNLEYS
Cape
This week’s freight and activity level have kept stable. It is support at the present levels and despite a volatile market the freight levels are not dipping down to horrible levels which we saw in Q1 this year, says Fearnleys in its weekly report.
According to Fearnleys, West Aussie ,market is paying around USD 4.50 pmt but the activity is on the slower side compared to previous weeks. It been reported a 6 - 10 months fixture with Pacific delivery close to 10k. Brazil/China freight rates are presently in the low USD 9 pmt, so it is still quite a bit of cargoes which has to be covered for the end of July, so it is expected that the rates here will keep firming. Seasonally the activity is dropping when we entering the holidays months of July/ August, and same expected this year.
Panamax
On Commenting on Panamax, Fearnleys says, the Panamax market is moving further North in both hemispheres, although on lower volumes and at a slower pace than last week. Tighter in the North Atlantic giving owners well above 5000 on T/C and considerably better returns on voyage. USG trading seems a bit tight, and demand is met by a good portion of Ballasters. Fronthaul now close to 5 digits from Cont/Gib range. ECSA long haul still alive but levels seems a bit toppish closer to 7000+200 GBB APS. Pacific rounds are well above 5000 followed by a tick improved interest in period, where levels hover in the mid/upper 5 range. The positive sentiment is supported by a slowly elevated forward curve closer to 6 K for the next 12 -18 months.
Supramax
Supras have seen a distinct improvement during the last week with the index gaining 36 points. The Fearnleys noted that, the average TC rate has improved from USD 5955 to USD 6337, and it is the front haul rates that are responsible for bringing the market up. There have been some individual fixtures at very strong levels in the Atlantic, and the Pacific was firming but activity has slowed at the time of writing. Short period has been concluded at upper USD 5000 on Index vessels.
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Tuesday, 28 June 16
WEEKLY CS COAL INDICES ROSE ON RENEWED DEMAND FROM CHINA
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up by 0.66 percent week over week to averaging $39.65 per ton this past week, sh ...
Tuesday, 28 June 16
CHINA'S IRON ORE IMPORTS: HOW MUCH MORE WORK FOR CAPES? - CLARKSONS
Chinese iron ore imports account for around two thirds of global seaborne iron ore shipments, making it the key driver of Capesize employment. Whil ...
Monday, 27 June 16
LATEST NEWS ON BIMCO'S CONTRACTS AND CLAUSES
BIMCO is currently updating several of its most widely used charter parties including SUPPLYTIME and BARECON. New developments include the Standard ...
Monday, 27 June 16
BREXIT RESULT COULD SEE UK FACING AN EXODUS OF MARITIME TALENT - FASTSTREAM
The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued ...
Monday, 27 June 16
THE BDI UP 3.75 PERCENT ; BCI FELL 1.51% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.75 percent from las ...
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- PTC India Limited - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
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- London Commodity Brokers - England
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- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
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- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
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- Tata Chemicals Ltd - India
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- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
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- Global Green Power PLC Corporation, Philippines
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- Economic Council, Georgia
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- Globalindo Alam Lestari - Indonesia
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- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
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- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
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- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Chamber of Mines of South Africa
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- Bharathi Cement Corporation - India
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- Energy Link Ltd, New Zealand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
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- Tamil Nadu electricity Board
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- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
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- IEA Clean Coal Centre - UK
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- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
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- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
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- Cement Manufacturers Association - India
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- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
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- Krishnapatnam Port Company Ltd. - India
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- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
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- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
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- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
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- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- White Energy Company Limited
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
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- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
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- ICICI Bank Limited - India
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- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
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- Aditya Birla Group - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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