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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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- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- CNBM International Corporation - China
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- The University of Queensland
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
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