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Friday, 09 September 16
CAPESIZE: THE SENTIMENT IS SOLID, SAYS FEARNLEYS
Supramax
A quiet start with Labour Day celebrations in the United States leading to very little being reported from the Atlantic basin. Supramaxes has seen around 10k+130k ppt del ECSA for fronthauls to Singapore/Japan, said Fearnleys.
According to Fearnleys, Ultramax 60’ dwt got 12k for USG to Spain with petcoke. Fertilizer biz out of Baltic amongst 30000 mts have seen rates around USD 35 to India and USD 16 to Brazil. In the Pacific Supramaxes are getting around low/mid 7k bss del CJK via Phil to China for nickel ore cargoes and around high 6’s for del Singapore for coal to China via Indonesia, Fearnleys says in its latest weekly report.
Smax for short periods in being fixed around low-mid 7k’s and Ultramaxes around 8k for same, Fearnleys noted.
Panamax
Commenting on Panamax Fearnleys says, sentiment is abit nervous, with a falling tendency in Atlantic but holding to slightly improving in Pacific. Typical Atlantic rounds still paying close to 5,000 on T/C and fronthaul above 10 K from Cont depending on duration and destination.
Fearnleys further said, USG activity still not able to meet the number of inbound ballaster from the Med or the Pacific. Rates under pressure at abt 10500 + 250 APS. ECSA longhaul less active, but levels are holding at about 7500 + 250' for LME. Busier and healthier in the eastern hemisphere where rates have come up from mid week to 6,000 for good units for NOPAC r/v. Period interest and levels not moving much – short medium period is in the mid/upper 5’s for LME, low 6’s for KMAX.
Will Q4 perform ?
Capesize
The rates have improved substantially with the demand out of Brazil being the main driver, Fearnleys weekly reported noted. C3 has improved more than a dollar since beginning of this week, and is still expected to improve. Transatlantic rates having been more or less flat throughout the summer is finally moving, with c7 approaching US$ 6 pmt.
West Australia started the day at US$ 5.30 and ended at US$ 5.50 pmt and transpacific round voyage is excess of US$ 10,000 daily.
The sentiment is solid, Fearnleys concluded.
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Wednesday, 12 October 16
MARKET INSIGHT - LINOS KOGEVINAS
Another Monday has gone by, bringing with it further turbulence for oil. A series of meetings between high-production nations Russia & Saudi Ar ...
Wednesday, 12 October 16
INDIAN STEELMAKERS' DELEVERAGING AT RISK ON COKING COAL PRICE JUMP - FITCH
The sharp increase in coking coal prices since August 2016 could squeeze Indian steelmakers' profitability and threaten their deleveraging, Fit ...
Wednesday, 12 October 16
UK SEABORNE COAL IMPORT PLUNGES 64% AS A WORRYING TREND LURKS - BIMCO
The main exporters of thermal coal for coal- fired power plants to the United Kingdom (UK) have experienced a heavy decline in seaborne cargo volum ...
Monday, 10 October 16
INDONESIAN COAL PRICE REFERENCE HITS HIGHEST LEVELS SINCE SEPTEMBER 2014
COALspot.com: The Indonesia coal benchmark price hits to its highest level since September 2014. The government declared benchmark prices for Indon ...
Monday, 10 October 16
THE FREIGHT MARKET FIRMS UP ON STRONG CAPE PERFORMANCE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose again and ending in a positive note this past week. ...
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- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- The University of Queensland
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
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