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Friday, 05 August 16
CAPESIZE : RATES ARE REMAINING AT DEPRESSING LEVELS DUE TO LACK OF FRESH CARGOES - FEARNLEYS
Supramax
Last week has been one of the slowest for some time with rates under pressure in most areas.
In its latest weekly report, shipbroker Fearnleys noted that the BSI ending up with 660 points and with average TC value at USD 6,902. Atlantic has been performing poorly and the Asian rates are not better off. A 53,889-dwt has been fixed for a trip from Santos to West Africa around USD9,000 daily.
Fearnleys further noted, In Far East 61-65,000-dwt has been fixed with coal del East Coast India to China USD5250 daily. Continent/Baltic continues with weak supply of vessels and owners remain with a desire to stay in Atlantic rather than going to Far East. Fertilizer business seeing rates around USD18 for 30,000t from Baltic to Brazil and for Baltic to U.S Gulf with 60,000t around USD11.
Panamax
Meanwhile, in the Panamax market this week, Fearnleys noted that over the last week the Atlantic rates have dropped despite a decent flow of fresh cargoes. Fertilizer from Baltic to Usg paying arnd 10 USD for 60.000 5 pct stem. It went on to add that, Owners not really there to face the low levels yet. Ta rounds now being fixed in the low 5 k. Grain volumes still good but rates softening also here. ECSA / feast fronthauls being fixed at 17,50 -18 USD for end august beg Sept. Aps ECSA rates typically ard 7500 + 230 bb.
Meanwhile, Pacific dropping further and Aussie/ China rounds being fixed in the mid 5 k. Indo/India coal covered in the mid upper 6k. Nopac rounds paying around 5 k for a Panamax while a good Kamsarmax touch 6 k. Limited period business reported. 1 year should pay arnd high 5 maybe 6 k.
Capesize
Fearnleys brokers said, there is a lack of fresh cargoes and consequently rates are remaining at depressing levels. In the Pacific there is a steady demand out of West Australia but freight rates have been dropping slowly to present levels around USD 3,8 pmt. In Atlantic, demand is weak resulting in owners keeping their ships waiting rather than accepting rates below operational expenses.
With the European holiday season coming up, a sudden recovery seems unlikely, Fearnleys concluded.
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Tuesday, 10 January 17
SHIPPING MARKET 2017
After having entered into a New Year, fresh hopes seem to be high for this to be the turning point in the market that many have been looking forwar ...
Monday, 09 January 17
FFA SUPRAMAX: Q1 AND Q2 TRADING UP TO $7100 WHILE CAL17 PRINTED $7250 - FIS
Capesize
Sentiment has swung quickly on capes and although there appears to be a very short list for open tonnage in the Atlantic Feb dates appea ...
Monday, 09 January 17
COAL MARKETS WERE UNEXPECTEDLY ONE OF THE STRONGEST PERFORMERS OF 2016 - SGX
COALspot.com: Coal markets were unexpectedly one of the strongest performers of 2016, with domestic production restrictions in China as well as sup ...
Monday, 09 January 17
THE INDONESIA COAL BENCHMARK PRICE SLIDES AFTER THE RECENT RALLY
COALspot.com: The Indonesia coal benchmark price slides in January 2017 after the recent rally. The government declared benchmark prices for Indone ...
Friday, 06 January 17
U.S. WEEKLY ESTIMATED COAL PRODUCTION TOTALED APPROXIMATELY 12.4 MMST; DOWN 18.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 12.4 million short ton ...
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- The Treasury - Australian Government
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- Global Business Power Corporation, Philippines
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- IHS Mccloskey Coal Group - USA
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- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
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- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Australian Coal Association
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Xindia Steels Limited - India
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- Merrill Lynch Commodities Europe
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- White Energy Company Limited
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- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
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- Toyota Tsusho Corporation, Japan
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- Alfred C Toepfer International GmbH - Germany
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- Planning Commission, India
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- Holcim Trading Pte Ltd - Singapore
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- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
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- Economic Council, Georgia
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- Bangladesh Power Developement Board
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- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- Indonesian Coal Mining Association
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- SN Aboitiz Power Inc, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
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- Neyveli Lignite Corporation Ltd, - India
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