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Thursday, 01 December 16
ANOTHER WONDERFUL WEEK FOR PANAMAX - FEARNLEY
Supramax
A slower start to the week in the Pacific compared to last Trips from N. China to S. China is paying in the range of low USD 5k, while Indo coal trips to China with delivery Singapore is around 7k for Supras, says Fearnley in its latest weekly report.
According to Fearnley, Nopac rv level is around mid USD 6k, however Ultras has achieved rates in the USD 7k’s. More activity on the short period front, Ultramaxes achieving mid USD 7k, while Supras is getting covered at high 6k/7k for same in the Pacific, whereas in Atlantic supras see low teens for 4/6 mos. US Gulf remained the star performer in Atlantic, where Supras receive 18k for trip to Skaw. Same for bhaul, where some 50k vessels being fixed at low 10s with redelivery US Gulf. On fhaul Supras gain mid teens with delivery Antwerp redelivery Far East.
Panamax
Another wonderful week for the Owners, commented Fearnley on Panamax. There is still very good demand for tonnage in the Atlantic, especially in the Cont/Baltic/Murmansk.
Fearnley's reaserch team further noted that, the cargo holders had to face TC values well over USD 20000 a day for Baltic/Murmansk RV or Baltic to Medit. Orders for TARV were paying high teens, so not bad all. Vessel able to do fronthaul voyages would get 18/19000 daily. Pacific is not offering that good terms for the tonnage, but still Owners may expect quite good money: NOPAC orders were valued at USD 9/10000 daily, whilst Australia/China cargoes paid 8/8500 a day .Today average of 4 TC routes ended up at very decent level of USD 11688.
Capesize
Q4 rally over or will there be another wave to ride before X-mas doldrums?
Softening slightly from close to year-best levels as spot coal + iron ore volumes reduced, Australian exports in particular, says Fearnley.
Average daily earning down 17 pct to USD 14800, fronthaul and transatlantic only marginally negative w-o-w as Brazilian and Colombian flows relatively well maintained, whilst pacific nervous and presently taking a hit on lower demand.
High period activity on back of positive physical and ffa's, with representative fixtures including 180000 dwt/blt2015 delivering China early December at USD 11k, also 182000 dwt/bt 2014 delivering South Korea beg December for about 12 months done at USD 12k.
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Thursday, 05 January 17
UNCHANGED COAL-FIRED TARIFFS PRESSURE CHINA'S GENERATORS - FITCH
COALspot.com: China's decision to keep on-grid electricity prices from coal-fired power unchanged amid higher coal prices will further squeeze ...
Thursday, 05 January 17
CAPE MARKET HAVE KEPT SURPRISINGLY FIRM AND ACTIVE DURING THE CHRISTMAS AND NEW YEAR HOLIDAYS - FEARNLEYS
Supramax
The first week after a slow Christmas break has started off with little activity and softening rates. Not surprisingly, the market is fi ...
Thursday, 05 January 17
COMPARISON OF HONG KONG AND LONDON ARBITRATION - SKULD
KNOWLEDGE TO ELEVATE
Whilst London arbitration is the most popular platform for resolution of charterparty disputes, where the parties involved a ...
Wednesday, 04 January 17
INDONESIA'S COAL PRODUCTION IS ESTIMATED TO REACH 434 MILLION TONS IN 2016 EXCEEDED THE GOVERNMENT'S INITIAL TARGET
Indonesia's coal production is estimated to reach 434 million tons in 2016 exceeded the government's initial target. The Ministry of Energy ...
Tuesday, 03 January 17
BENGKULU TO IMPOSE TOUGHER REGULATION FOR UNPROCESSED COAL AND MINERALS EXPORTS IN 2017 - MEDIA
Bengkulu provincial government is planning to impose tougher regulation for export of coal and mineral in 2017. According to liputan6 online portal ...
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- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- White Energy Company Limited
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
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