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Thursday, 27 October 16
PANAMAX: FIRM ATLANTIC; TOPPISH PACIFIC - FEARNLEYS
Supramax
The trend from last week is passed on. ECSA still strong with Supras from N Brazil to Med fixed at $9,000 to $9,500 daily.
According to Fearnleys, Cont and Baltic is encountering numerous cargoes, driving up the rates. Many owners will go to Med, 56,716-dwt allegedly went at $8,750 daily del Skaw, redelivery EMed. Healthy rates on front hauls with Supras achieving 5 digits. Rates for backhaul are still under pressure. Nopac rounds have been fixed around mid 6k for Supramaxes, while Supras from N. China to SEA is getting around mid/high 5k’s.
The Oslo-based broker says in his weekly report, Indo coal runs have softened this week with Supras achieving around mid 6k and same runs to India is paying around high 7k’s. Overall owners are looking to book forward cargoes while market is firm.
Panamax
Atlantic still firm, but Pacific seems toppish?
In the Atlantic, a steady flow of new business is still outnumbering the amounts of open vessels. Short hauls via Baltic/Murmansk remain at USD 10,000’s and trips out from Murmansk done at USD 13,000. Black Sea to Far East fixed at healthy 14,000 on good tonnage whereas front round haul via USG were concluded around 11,000’s + USD 325,000 gbb, the broker noted on Panamax. Fair activity in the Pacific, however, rates seems a bit toppish with Aussie rounds paying about USD 7,000’s. Furthermore, NOPAC rounds are down from mid 7,000’s till just under USD 7,000.
Period fixtures are scares, but mid USD 9,000s done with Atlantic delivery for 5-7 months and similar period with Pacific delivery hovers around mid USD 7,000.
Capesize
Commenting on Cape-size ships, the broker Fearnleys noted that, after taking a serious hit this week, rates are still under pressure. Weaker demand in the Pacific is resulting in more spot ships and ships in ballast. Simultaneously there are hardly any spot iron ore cargoes from Brazil, a situation similar to what happened 4th quarter last year.
The average drop in rates so far this week has been USD 500 - 700 daily but it is still difficult to tell when the floor will be reached, Fearnleys concluded on Cape.
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Wednesday, 26 October 16
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
If the finale of a thriller movie finds the leading actor successfully surviving after all the sacrifices he has made, the audience presumes this t ...
Tuesday, 25 October 16
INDONESIAN COAL PRICES MARCH HIGHER CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Tuesday, 25 October 16
THINGS ARE SLOWLY STARTING TO IMPROVE AS CORRECTIONS ARE MADE - ALLIED
It seems as though left, right and centre, all we see nowadays is the word “restructuring”.
There is restructuring amongst bankers ...
Monday, 24 October 16
KOMIPO INVITES BIDS FOR 0.78 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
Monday, 24 October 16
U.S WEEKLY COAL PRODUCTION DECLINED 3.2% TO 16 MMST WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16 million short tons ...
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- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
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- PowerSource Philippines DevCo
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- Altura Mining Limited, Indonesia
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- PetroVietnam Power Coal Import and Supply Company
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- Independent Power Producers Association of India
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- Thai Mozambique Logistica
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- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
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- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- The University of Queensland
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Posco Energy - South Korea
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
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