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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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Monday, 26 December 16
DO THE DERIVATIVES MARKETS MAKE COAL PRICES MORE VOLATILE? 59.21% SAY YES, POLL
COALspot.com: The substantial increase or decrease in coal prices within a short period of time has been supported by a number of fundamental drive ...
Friday, 23 December 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 711.1 MMST; DOWN 18.5% Y/Y - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Thursday, 22 December 16
INDONESIA LACK OF EXPORT TO INDIA THIS WEEK - FERNLEYS
Supramax
While the Atlantic is keeping up with rates, the Pacific has been weaker says Astrup Fernley.
According to Astrup Fernley, backhaul ...
Wednesday, 21 December 16
THE SUPREME COURT DECISION IN OW BUNKERS - WHEN A SALE OF GOODS IS NOT A SALE OF GOODS - LEON ALEXANDER, CLYDE&CO
KNOWLEDGE TO ELEVATE
In May 2016 the Supreme Court of England & Wales gave judgment in an OW Bunkers test case entitled "Res Cogitans ...
Wednesday, 21 December 16
CLEANING THE OCEANS FROM PLASTIC - SOPHIE COTZIAS
2016 is coming to a close and it finds us in preparation for the 2017 enforcement of the Ballast Water Treatment Systems. We naturally are in thoug ...
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- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Planning Commission, India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
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