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Monday, 09 January 17
FFA SUPRAMAX: Q1 AND Q2 TRADING UP TO $7100 WHILE CAL17 PRINTED $7250 - FIS
Capesize
Sentiment has swung quickly on capes and although there appears to be a very short list for open tonnage in the Atlantic Feb dates appear to be dragging heavily on the indices, Freight Investor Services said in its FFA market report recently.
According to FIS, both paper and the physical saw significant discounting early in the day (6 Jan) although paper rates stabilized and ended the week on a quiet note as it appeared much of the negativity had been priced in earlier in the day.
Panamax
“ Despite some really resistance we continued to push up today (6 Jan) on Panamax paper as the firmer ATL market continues to fuel optimism”, said FIS. According to FIS, sellers thinned out post index and buyers were left to chase an thin offer side resulting in a sluggish close to an active first week of 2017. The tone remains upbeat.
Supramax
Commenting on Supramax FFA market, Freight Investor Services says, after a fairly static start on Supramax paper we saw some renewed support return post index nudging prompts up a tick and pulling back most of last night’s losses.
“ We saw Q1 and Q2 trading up to $7100 while cal17 printed $7250 before sellers thinned out seeingly happy to wait for next (the week starting 9 Jan) week”, said FIS.
What is the Forward Freight Agreement (FFA)
Forward Freight Agreements (FFAs) are primarily transacted on a cleared basis and will normally be based on the terms and conditions of the FFABA standard contracts as adapted by the various clearing houses.
The main terms of an agreement cover:
(a) The agreed route.
(b) The day, month and year of settlement.
(c) Contract size.
(d) The contract rate at which differences will be settled.
Commissions are agreed between principal and broker. The broker, acting as intermediary only, is not responsible for the performance of the contract - Baltic Exchange
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Monday, 23 January 17
THE FREIGHT MARKET DID NOT CHANGE MUCH AND WAS ALMOST AT SAME LEVELS AS LAST WEEK
COALspot.com: The Freight market did not change much and was almost at same levels as last week.
The Baltic Exchange, tracking rates for ships ...
Friday, 20 January 17
U.S. WEEKLY COAL OUTPUT ESTIMATED 15.7 MMST; UP 14.1% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Thursday, 19 January 17
KOREAN POWER UTILITY BORYEONG POWER TO IMPORT 660K TONS OF BITUMINOUS COAL FOR MARCH 2017
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 590,000 Metric Tons of Bituminous coal and 7000 ...
Thursday, 19 January 17
PANAMAX RATES ARE UNDER PRESSURE IN BOTH HEMISPHERES - FEARNLEYS
Supramax
The market remained flat and the week continued at the same pace as last.
According to Fearnleys weekly dry bulk report, still more ...
Wednesday, 18 January 17
TANKER: THE CLEAN PRODUCT MARKET IS STILL NOT GIVING US ANY CLEAR SIGNS OF RECOVERY - GEORGE VASTARDIS
While we are approaching the Chinese New Year, the Clean Product market is still not giving us any clear signs of recovery, especially on The East ...
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- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
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