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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, 01 November 16
IMPROVEMENT ON THE DEMAND SIDE ONLY BUT THE SUPPLY SIDE IS WORSE OFF - BIMCO
Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the ...
Monday, 31 October 16
INDONESIAN 5000 GAR COAL ROSE 5.56% WEEK OVER WEEK - CS COAL INDEX
COALspot.com: The price for thermal coal has recovered substantially since April 2016. The China’s new policy on its domestic coal miners, th ...
Friday, 28 October 16
STEAM COAL IMPORTS: CHINA AND INDIA'S ROLE REVERSALS - BEN TRIMMEL
While a sharp decline in European imports is a key driver of the expected fall in steam coal trade this year, China and India remain leading actors ...
Friday, 28 October 16
U.S. WEEKLY COAL OUTPUT ROSE DURING THE WEEK ENDING OCTOBER 22 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 27 October 16
73.08 PERCENT OF COAL PRODUCERS PREDICTED INDIA WILL NOT STOP COAL IMPORTS IN 2 TO 3 YEARS - POLL
COALspot released its weekly opinion poll "How likely do you think India will STOP thermal coal imports in 2-3 years?" this Monday.
...
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- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
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- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
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- Planning Commission, India
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- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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- Carbofer General Trading SA - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- ASAPP Information Group - India
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- The University of Queensland
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- Metalloyd Limited - United Kingdom
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- Ministry of Transport, Egypt
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- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
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- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
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- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
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- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Energy Development Corp, Philippines
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- Posco Energy - South Korea
- Agrawal Coal Company - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
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- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
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- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
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- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Eastern Energy - Thailand
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- Formosa Plastics Group - Taiwan
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- Bangladesh Power Developement Board
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- Africa Commodities Group - South Africa
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- Latin American Coal - Colombia
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- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
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