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Thursday, 22 December 16
INDONESIA LACK OF EXPORT TO INDIA THIS WEEK - FERNLEYS
Supramax
While the Atlantic is keeping up with rates, the Pacific has been weaker says Astrup Fernley.
According to Astrup Fernley, backhaul rates has dropped to 2-3k first 65/70 days and balance at around high 6k. Indo/China coal trip is now paying around mid 6k levels, while steels N. China to SE Asia is around mid 5k level. The Atlantic market is coming off a bit. Recent TA levels has being close to 18k, while Med/Bsea to NCSA/USG has been paying around 9k. On period, a Supra delivery in Far East is being fixed around 7k for short period and tick more for 1-year, while Ultras are achieving close to 1k more for same.
Panamax
Commenting on Panamax, Astrup Fernley says quiet start but in steep decline, especially in the North Atlantic where rates are halved in 10 days. T/A passing 8k mid-week, and owners struggle to cover prior the holidays. Fronthaul limited, incl from the USG at about USD 30, alt 12+200. ECSA about 9+400 APS. Nopac ppt req covered, some mid Jan onwards open. Offers hovering around mid 6-7k while chtrs bidding mid/high 5’s upto 6k, some even bid APS.
Astrup Fernley further noted that Indonesia lack of export to India this week, spot cargo mainly covered and chtrs slowly moving onto early Jan. Australia and S. Africa lack of enquiries while tonnage list growing. Period interest still around but chtrs aiming lower while owners still reluctant to discount. Sentiment is negative short term.
Capesize
After the 5TC have dropped from USD 19,515 to USD 6570 over the last 4 weeks it finally found some support, says Astrup Fernley.
All routes have improved, especially the Atlantic front haul that have been fixed at mid-teens. Also the cargo count for iron ore out of South Africa have increased. That said activity is thin with Christmas just around the corner.
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Monday, 26 December 16
DO THE DERIVATIVES MARKETS MAKE COAL PRICES MORE VOLATILE? 59.21% SAY YES, POLL
COALspot.com: The substantial increase or decrease in coal prices within a short period of time has been supported by a number of fundamental drive ...
Friday, 23 December 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 711.1 MMST; DOWN 18.5% Y/Y - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Wednesday, 21 December 16
THE SUPREME COURT DECISION IN OW BUNKERS - WHEN A SALE OF GOODS IS NOT A SALE OF GOODS - LEON ALEXANDER, CLYDE&CO
KNOWLEDGE TO ELEVATE
In May 2016 the Supreme Court of England & Wales gave judgment in an OW Bunkers test case entitled "Res Cogitans ...
Wednesday, 21 December 16
CLEANING THE OCEANS FROM PLASTIC - SOPHIE COTZIAS
2016 is coming to a close and it finds us in preparation for the 2017 enforcement of the Ballast Water Treatment Systems. We naturally are in thoug ...
Tuesday, 20 December 16
TRADE HAS FELT ITS BUMPS AND SHAKES THIS YEAR - GEORGE LAZARIDIS
Trade has felt its bumps and shakes this year, as growing populist protectionist and nationalist movements in the Western world start to take hold. ...
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- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Commonwealth Bank - Australia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- The University of Queensland
- Sical Logistics Limited - India
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
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