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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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Friday, 23 September 16
"COLLATERAL LIES" DO NOT NECESSARILY UNDERMINE AN INSURANCE CLAIM
KNOWLEDGE TO ELEVATE
An insured was not precluded from recovering under an insurance policy even though it had made a false statement during t ...
Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
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- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
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