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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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Thursday, 15 September 16
CAPESIZE: LAST WEEK ENDED ON A VERY STRONG NOTE MAINLY DRIVEN BY A ACTIVE BRAZIL MARKET - FEARNLYS
Supramax
With holidays in the eastern hemisphere beginning this week, the sentiment and activity level has been decreasing.
In the Pacific, ...
Wednesday, 14 September 16
THE DRY BULK MARKET REACHED LEVELS LAST SEEN BACK IN 2015 - INTERMODAL
In an earlier column we commented that we are undergoing “shipping’s new (ab)normal” with constrained financing, shift in demand ...
Wednesday, 14 September 16
THE PORT OF NEWCASTLE SHIPPED 12.48 MMT OF COAL IN AUGUST; AVERAGE SELLING PRICE WAS $AU 83.33
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU $1,040.4 ...
Tuesday, 13 September 16
CAPESIZE: BIG STRENGTH SEEN IN THE MARKET THIS WEEK - ALLIED
Capesize - Big strength seen in the market this week, with an upbeat in sentiment amongst owners helping pull up rates fairly quickly and many hold ...
Monday, 12 September 16
THE CAPE MARKET HAS GAINS ON WEEK; THE CAPE INDEX SETTLING AT 1566 POINTS ON FRIDAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- VISA Power Limited - India
- Petron Corporation, Philippines
- Economic Council, Georgia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
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