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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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Thursday, 04 August 16
INDONESIAN COAL PRICES ARE STARTING TO ZOOM HIGHER; HBA ROSE 10.13% TO US$ 58.37 PER TON
COALspot.com: The Indonesia coal benchmark price hits to its highest level since August 2015.
The Director General of Mineral and Coa ...
Thursday, 04 August 16
BREXIT: IMPLICATIONS FOR GLOBAL SHIPPING AND SEA TRADE - EVERSHEDS
The buzzword for the post-Brexit landscape both in Europe and further afield is ‘uncertainty’. No-one really knows the long term effect ...
Wednesday, 03 August 16
RECAAP INFORMATION SHARING CENTRE ISSUES SPECIAL REPORT ON THE ABDUCTING OF CREW FROM SHIPS IN WATERS OFF EASTERN SABAH AND SOUTHERN PHILIPPINES - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In the light of three incidents where the crew of tug boats were abducted in the waters off Eastern Sabah and Southern Ph ...
Wednesday, 03 August 16
SHIPPING MARKET INSIGHT - EVA TZIMA
The Good…
Demand. Amidst all the unprecedented geopolitical turmoil and shifts in the likes of Brexit, the IMF lowered last month its glob ...
Wednesday, 03 August 16
SHIP TRADING AND ORDERING CLOSE TO A STALEMATE AS SUMMER LULL KICKS IN
With newbuilding activity already at a near standstill since the start of the year, most of 2016’s trading activity in shipping was evident i ...
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- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
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