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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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Tuesday, 18 October 16
PANAMAX: A FAIRLY POSITIVE END TO THE WEEK - ALLIED
Capesize
Things seemed to be moving sideways during the first half of the week, with resistance being felt as owners tried to resist any further ...
Monday, 17 October 16
THE FREIGHT MARKET WAS SOFTENED IN ALL SEGMENTS THIS PAST WEEK - VISTAAR
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 14 October 16
SUPRAMAXES: DELIVERY SINGAPORE ARE SETTLING AROUND HIGH 6K'S FOR COAL TRIPS TO CHINA VIA INDO - FEARNLEY
Supramax
Wait and see attitude prevailing all over the market.
There have been several fresh cargoes, which have been efficiently covered by ...
Friday, 14 October 16
U.S. SHIPPED 3.3 MMST COAL IN JULY 2016; DECLINE 40% M/M
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.6 million short ton ...
Wednesday, 12 October 16
MARKET INSIGHT - LINOS KOGEVINAS
Another Monday has gone by, bringing with it further turbulence for oil. A series of meetings between high-production nations Russia & Saudi Ar ...
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- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
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- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
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- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
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