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Thursday, 06 October 16
SHIPS IN PACIFIC ACHIEVE JUST ABOVE $10K DAILY FOR A BRAZIL ROUND VOYAGE - FEARNLEYS
Supramax
Slower week with limited activity due to holidays in the East. Mixed feelings within different markets, with slight downturn in Pacific round voyage rates ending up around low $ 6k. According to Fearnleys, Fronthaul rates slightly down with average US$ 10,342. Better rates have been seen from Black sea to Singapore-Japan range that is around low US$ 11k. Backhaul is encountering with a bit better rates in these days, supras being fixed around $ 6,000 from Cont to ECSA. In fareast a 57,836mt was fixed for a trip via CIS to southeast Asia at $6,500 daily. 55,675-dwt 2004-built saw mid $ 8,000s bss delivery Abidjan for a short period redelivery ww. A 58,018-dwt was fixed basis del South Africa for a trip re-delivery east coast India at $ 12,500.
Panamax
Commenting on Panamax, Fearnleys an Oslo-based shipbroker says, muted and slowly loosing steam in the Pacific with most people in that area on holidays this week. Levels gradually heading south leaving the 6.000 mark mid-week in general. Nopac trading has been more active lately and now pays around 20 or tick less on voyage alt 6.000 bss delivery S Korea / Japan range. A bit more activity in the western hemisphere with some fresh requirements early week although less than expected from USG, and with the same tendency; slowly sliding. T/A rounds about 5.000 on average. Some surprisingly strong fixtures reported from ECSA at 8+300 but volumes are low. Period activity also reduced from last week where LME's got 7.000 for short/medium. Most players waiting for next week for a new direction.
Capesize
Fearnleys noted that, the majors are in general inactive out of West Australia, but freight rates still improve slightly day by day on the C5 route. Ships in Pacific achieve just above USD 10,000 daily for a Brazil round voyage, and the C3 market is in general on the rise, improving from upper 11's in the start of the week to low/ mid 12's by the end of the week. In the Atlantic a shortage of ships in the short term has resulted in stronger rates. All in all a strong trend despite the holidays in China.
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Monday, 26 December 16
DO THE DERIVATIVES MARKETS MAKE COAL PRICES MORE VOLATILE? 59.21% SAY YES, POLL
COALspot.com: The substantial increase or decrease in coal prices within a short period of time has been supported by a number of fundamental drive ...
Friday, 23 December 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 711.1 MMST; DOWN 18.5% Y/Y - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Thursday, 22 December 16
INDONESIA LACK OF EXPORT TO INDIA THIS WEEK - FERNLEYS
Supramax
While the Atlantic is keeping up with rates, the Pacific has been weaker says Astrup Fernley.
According to Astrup Fernley, backhaul ...
Wednesday, 21 December 16
THE SUPREME COURT DECISION IN OW BUNKERS - WHEN A SALE OF GOODS IS NOT A SALE OF GOODS - LEON ALEXANDER, CLYDE&CO
KNOWLEDGE TO ELEVATE
In May 2016 the Supreme Court of England & Wales gave judgment in an OW Bunkers test case entitled "Res Cogitans ...
Wednesday, 21 December 16
CLEANING THE OCEANS FROM PLASTIC - SOPHIE COTZIAS
2016 is coming to a close and it finds us in preparation for the 2017 enforcement of the Ballast Water Treatment Systems. We naturally are in thoug ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- White Energy Company Limited
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
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