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Friday, 18 November 16
CAPESIZE: THE COMMODITIES PRICES ARE INCREASING, RESULTING IN MORE DEMAND AND CONSEQUENTLY RATES ARE MAKING A BIG JUMP - FEARNLEYS
Supramax
Apart from booming S. Africa where owners have obtained USD 14-15k to MEG/India and around mid USD 12k to China, the Pacific market has been climbing steadily.
According to Fearnley's weekly report, trips with delivery Singapore via Indo to China is paying around mid USD 6k, while trips from N. China to SE Asia is concluded around mid USD 5k and increasing.
Supras achieving high USD 4/5k for trips via ECI to China, while for Nopac rv getting around mid USD 5k. Firmer tone among Cont and Med, where Supras are obtaining 13k/day for a front haul trip with del W.Med and 12k del Cont. US Gulf en route to SE Asia seeing 16-17k. The period candidates for 8/10 months trading around 7k with redel Atl. While spot market is blooming, owners will wait with forward booking.
Panamax
Commenting on Panamax, the Oslo based broker says, a massive upswing with a flurry of fresh and old requirements, giving owners a return not seen for a long time. Sentiment is powerful, market active and heading straight north mid-week.
The north Atlantic is burning hot with rounds done from 12k to above 16k mid-week. Short trips out not to Owners interest - as they are able to secure above 20k for long trips out.
Short period within Atlantic done from 10-12k. Smaller/older LME done 10k for 4-6 del Cont redelivery Far Eeast. ECSA not so active, but healthy 10+500 reported. Nopac rounds are done above 9k from Japan and Pacific rounds from 7 to 11k dep on delivery, spec and destination. Period activity active with short period up to a year in the 7.5-8.5k range.
Capesize
Fearnley's noted that, the commodities prices are increasing, resulting in more demand and consequently rates are making a big jump. C3 is presently excess of USD 13 pmt and round trips in the Pacific approaching USD 20,000 daily.
Best of all; there is still potential for further improvements, says Fearnleys.
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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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- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Petron Corporation, Philippines
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
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