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Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
 Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fearnleys, an Oslo based shipbroker continent is encountering weak tonnage supply. Supramxs are seeing around $11,000 for Baltic to India and around $6000 to US Gulf. A 56,000-tonner has seen around $8,000 from the east Mediterranean to the US Gulf-Caribbean. In the Pacific Supramaxes are fixing trips with delivery Singapore via Indonesia to China for around mid USD 7k. While trips from N. China to SE Asia is paying somewhere in the low USD 6’ks and market is softening as owners are keen on fixing their ships before Chinese Holidays in October. For Ultramaxes Nopac RV is in the region of USD 7k, while the short period market in the same area is a few hundred dollars above RV levels.
Panamax
Fearnleys says, a good start to the week with Cape splits continuing to assist rates in both hemispheres. TA's are fixing excess USD 5,600 on time charter trips, however the voyage rates are lagging and paying much less. Mid week it seems to be cooling off with chrteres holding back. In the Pacific we see a pretty stable market hovering around mid USD 6k for the rounds and 7k was done for a NoPac round. Chinese holidays approaching and it seems some owners wants to fix now and not wait till next week. The ECSA front hauls were done well above USD 8,300 + 330k early week while mid week gradually falling to about USD 8k + USD 300k. The period short/medium market periods at around USD mid 6 to low 7k, however interest gradually falling.
Capesize
Another volatile week in the Capesize market. According to broker Fearnleys, the freight rates on WC Aussie/China route have gone from the mid USD 6 pmt to high USD 5 pmt level. The activity from west Aussie have been limited and it seems to be the main reason for the decrease in rates.
Brazil/China have moved from high USD 12 pmt to around USD 12 pmt mark - also on this route the activity have been limited. The average cape rates on TC have gone from around USD 15,000 down to USD 13,000 level.
The next week is expected to be quiet as China is off on holidays and freight rates might continue to slide. However it is still careful optimism in the market for the next month or two Fearnleys concluded.
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Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
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- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
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- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Australian Coal Association
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- PTC India Limited - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
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- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
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