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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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Wednesday, 14 December 16
INTERNATIONAL TRIBUNAL DISMISSED CHURCHILL MINING'S DAMAGES CLAIM AGAINST REPUBLIC OF INDONESIA
The Directors of Churchill Mining plc advise that, the ICSID Tribunal (“Tribunal”) granted Indonesia’s application to dismiss the ...
Wednesday, 14 December 16
20/20 VISION! - JOHN N. COTZIAS
2020; A year that could be changing shipping. In early November, the International Maritime Organization (IMO) announced that it would set a 0.5% s ...
Tuesday, 13 December 16
THE FREIGHT MARKET MAY WELL BE SHOWING SIGNS OF HEADING FOR ITS DOWNWARD CORRECTIVE PHASE - ALLIED
2016 has been a tough market for dry bulkers and through these difficult earnings, we have seen some of the lowest prices being noted historically ...
Tuesday, 13 December 16
COAL DEMAND GROWTH TO STALL AS APPETITE WANES, ACCORDING TO IEA
Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according ...
Monday, 12 December 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.3 MMST, UP 7.4% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3 million short ton ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- White Energy Company Limited
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
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