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Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supramaxes being USD 7,151 says Fearnleys in its latest weekly report.
The Norway-based ship broker further noted in its report that, the biggest change seen in rates for US Gulf trip to Skaw-Passero, index down by 291 with USD 9,200. Owners preferring to stay in Atlantic and take on period business. Few owners willing to take direction to Far-East in these days fertilizer business 30,000t range from Baltic to Fareast have seen around USD30 and from Murmansk for a trip to Brazil a USD8,500/daily. Vessels preferring employment in Black-Sea rather than Atl, where Supramaxes have been offered USD11,500/day for a prompt trip from the Black Sea to the Far East, also influence smaller Smax tonnage within Atl.
Panamax
Commenting on Panamax Fearnleys says, Atlantic showing clear signs of weakening. Although some fresh cargos into the market it was not enough to avoid rates to drop. Ecsa/Cont rates dropped abt 1 USD pmt this week from low 8 to low 7 for typical 70/10 stems. Grain from ECSA to Feast sliding down, paying in the high 7k+ 250 for Panamaxes while Kmaxes get like 8+300k. Some firmer fixtures from Black-Sea to Feast at 11k and Baltic via Red-Sea at healthy 8250 with option PMO at 12k reported. Nopac rounds paying mid 6 to 7k but seems to drop further. Aussie/China rounds hovering around low 6k. Little period reported probably because owners fixing shorter tct while waiting for firmer rates again. We believe Pmax get 6,4/6,500 for 4/7 months, while 1 year paying around 6k.
Capesize
In the Pacific, rates have been dropping a lot due to over-supply of ships, and on the C5 route there was only Rio Tinto amongst the 3 WC Australia major shippers in the Market, the Norway-based broker commented on Capesize ships.
Fearnleys further said the C5 rate has been dropping from mid 4 USD last week to break 4 USD now. In the Atlantic, not much going on on C3 route. Talks for early Sept dates on c3 was somewhere high 8 against 9 USD. But nothing heard been done. South Africa, C17 rate dropped a lot as well, from high 6 USD last week to 6.3 USD last done. Short period has been bit active in last several days. There are some fixtures heard that over 9000 been down for about 5-8 months or so, but those ships are super eco type, much better than the standard BCI 180k dwt type.
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Thursday, 10 November 16
WILL TRUMP VICTORY PROVIDE A BOOST FOR HYDROCARBON & COAL INDUSTRIES? - DOUGLAS-WESTWOOD
Donald Trump’s surprise victory ends months of an adversarial presidential campaign with bitter disagreements between the two major candidate ...
Thursday, 10 November 16
PANAMAX: NO TRUMP INFLUENCE YET, AND THE MARKET IS HEADING NORTH - FEARNLEYS
Supramax
Pacific Supra market still soft and falling this week, although seems to be in a somewhat slower pace compared to last week. According t ...
Wednesday, 09 November 16
SINGAPORE'S SGX COMPLETES ACQUISITION OF LONDON'S BALTIC EXCHANGE
COALspot.com: Singapore Exchange Limited and The Baltic Exchange Limited together announced that the acquisition of the Baltic Exchange by SGX has ...
Wednesday, 09 November 16
SUPRAMAX: 50% INCREASE ON AVERAGE SINCE THE FIRST QUARTER OF THE YEAR - GIANNIS ANDRITSOPOULOS
Last week was an interesting one for the tanker market, which following the explosion of the gas pipeline in Alabama witnessed a spike in Atlantic ...
Tuesday, 08 November 16
S.KOREA'S KOMIPO ISSUES TENDER TO BUY 390K TONS OF BITUMINOUS COAL FOR JAN-FEB 2017
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 390,000 Metric Tons of Bituminous Coal for its B ...
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- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- PTC India Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Australian Coal Association
- MS Steel International - UAE
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Planning Commission, India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Parliament of New Zealand
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