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Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k for a trip to Cont. The Continental and Baltic have encountered with tight tonnage, says Fearnley in its latest weekly report.
According to Fearnley, the Supras out Baltic to USG were paying above USD 10k net. Supras delivery in Med for 4/7 mos trading ww USD 12k. The Pacific basin is flat compared to Atlantic, apart from S. Africa/MEG range where market still is strong.
Fearnley further noted that ECI to China is paying Supra owners around USD 6k, while trips from N. China to SE Asia is paying high USD 5k/6k. Several owners are looking to cover their vessels on periods. The period market has improved somewhat, where owners achieving around USD 7k on short periods up to 1 year.
Panamax
The firm tendency continues in both hemispheres, especially in North Atlantic. Longhauls out of NOPAC, USG and ECSA combined with weather delays contribute to the solid levels.
Fearnley says the Panamax ships’ T/A rounds in 18-20k range, and even solid 30k or equivalent on T/C done Baltic to Med. Fronthaul >20k from Cont, 16+550 from USG. ECSA hovers around 9+400 bss COGH. The tone is positive in the East, despite a gradually growing tonnage list.
Commenting on Indonesia rounds, Fearnley says, Indo rounds fixed in the 8500-9500 range. Low/mid 9’s done mid-week for Aussie-China and for NOPAC biz - even up to 11k reported for Pac rounds. With the hot spot market and a rising forward curve, owners have gradually increased their rates for period. 8500 to 9500 done on short/medium period.
Capesize
There were signs of a positive start to the week with slightly stronger FFA values on Monday, says Fearnley. However, it soon became clear that physical support was lacking and rates dropped in the Pacific as well as the Atlantic. There has been a drop of USD 2500 on average in one week and West Australia round is being fixed in the upper USD 5's.
According to Fearnley, the Atlantic is sliding steady with a surplus of prompt tonnage.
There is still a hope for a last rally before the Christmas holidays, but obviously chances are getting slimmer as we are getting well into December, Fearnley concluded.
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Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY 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 ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fear ...
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- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Anglo American - United Kingdom
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