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Thursday, 25 August 16
SUPRAMAXES ARE BEING FIXED IN REGION OF $9000
Supramax
Due to Chinese coal imports which continues to source much of the tonnage in SE Asia combined with a good flow of mineral exports ex Australia the rates continue to firm in SE Asia.
According to Fearnleys, ship broker from OSLO, Supramaxes are being fixed in region of USD 9k bss Spore delivery while the bigger Ultras are seeing levels of USD 10k for India direction. There has been expectations that ECSA would firm up as grain traders are reletting their Sept stems, but this remains to be materialized. In the USG rates are still strong but not to the extent that the market expected. Meanwhile, the broker said, the period market is fairly active with one Ultramax fixing USD 7,5k + 200k for 5/7 mos bss APS Imbitubay. In the east there are Smaxes fixing at USD high 6k and 7 for short periods.
Panamax
Commenting on Panamax, Fearnleys broker said, softening in both hemisphere with Charterers offering less than last done or holding back to fix. Despite higher bunker prices recently, rates are softening on both voyage and TC. It went on to add that, Atlantic activity has been easier with insufficient requirements to cover the growing list of open positions. Good units in good positions may get mid 5’s on T/C and mid 10’s for trip out. Rates for rounds in the Pacific are also under pressure, in particular for NOPAC business as we indicated last week. Indo- or Australia to India rounds still paying in the mid/upper 5s.Post Panamax in good positions have been able to optimize and secure rounds at 6 to 7 K. The forward curve still reflects some optimism for Q4 but period interest is limited, Fearnleys noted.
Capesize
In its latest weekly report, shipbroker Fearnleys noted that, staggering along at uninspiring levels still hardly covering opex, spot levels coming in at average daily earnings of some USD 6500, a meager 5% improvement w-o-w.
Coal flows continue to disappoint, with only limited spot activity ex ECAUST and even thinner transatlantic volumes. Some bright positional spots for iron ore, for which the Tubarao/Qingdao run appears stable at (a modest) USD 9.30 pmt and Dampier/Qingdao a touch up at USD 4.70 pmt. The overall picture nevertheless remains one of "fundamental overtonnaging".
Period activity is limited as FFA curve provides little support, but noticeable fixtures include 179000 dwt NB done ex yard Qingdao for 12-16 months trading at USD 9000/day, Fearnleys noted in its latest weekly report.
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Monday, 11 July 16
DRY BULK MARKET: UP TO 30 MILLION DWT OF OLDER BULKERS WILL NEED TO BE SCRAPPED BY END OF 2017 FOR MARKET TO FIND BALANCE
Tonnage oversupply in the dry bulk market is more than evident, as newbuildings have been hitting the water faster than owners can scrap their olde ...
Friday, 08 July 16
U.S. WEEKLY COAL OUTPUT UP 3% TO 14.1 MMST - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 14.1 million short tons (mms ...
Thursday, 07 July 16
PANAMAX : THE TENDENCY FROM LAST WEEK CONTINUES WITH A CONSIDERABLY STRONGER SENTIMENT ALL ACROSS THE BLOCK - FEARNLEYS
Capesize
Rates have been holding at steady levels over the last weeks but towards end of this period they are becoming under more pressure as gen ...
Thursday, 07 July 16
CONSOLIDATION TO RULE OVER SHIPPING, AS EXECUTIVES SEEK INVESTMENT OPPORTUNITIES IN CHINA, INDIA AND EUROPE SAYS NORTON ROSE SURVEY
The transport sector is looking to Asia Pacific as the key market for investment over the next five years, according to the seventh The way ahead T ...
Wednesday, 06 July 16
KOMIPO INVITES BIDS FOR 780000 MT OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
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- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- White Energy Company Limited
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Minerals Council of Australia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Australian Coal Association
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
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