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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 enquires from US Gulf, where Supras from to Cont reached around 16-17k. Other way around - handful owners were ballasting to USG from Cont, while employed Supras were fixed around 6-7k.
The latest Fearnleys weekly dry bulk report was further noting that the trips from UK via USEC to ECSA amounted to 8k. Grain cargoes from ECSA to West Med heard around 10-11k. Usual scrap cargoes scored 12k or thereabouts bss del Arag to trip into E Med. Pacific has encountered softening rates too, except for PG/WCI which still looking the stronger area in the east. N. China to SE Asia is around USD 3k levels, while S. China trips via Indo back to China is fixing around USD 4k. Nopac rv trading around high USD 4k/low 5k.
Panamax
Panamax rates are under pressure in both hemispheres. Not enough ppt cargoes in the market and vessels are piling up, said Fearnleys.
T/A rounds about 10 K - up to 12 K for some rounds. Fhaul around 14 K mid week. Still a huge premium for INL breach and ice trading. According to broker, owners in Pacific willing to ballast towards India / ECSA, where lvls are down under $9,500 + 450,000 GBB APS. With the Chinese Lunar New Year approaching, Chinese players are reducing activity and volumes overall expected to fall.
Volatile in the Indian Ocean with rates fluctuating 30 cents/mt day on day. Average T/C level in Pacific around 5.000 for Indo-India and a bit higher, 6.000 + for NOPAC or Aussie rounds. Period activity and levels reduced, fair value 7 K for LME 1 yr.
Capesize
Commenting on Cape, Fearnleys says, levels for Brazil have strengthened as a sudden urge for prompt tonnage have cleaned out most of ballasters. This strong demand for prompt Brazil loaders have made an impact on the general sentiment pushing other routs up as well. Especially the Atlantic have seen an impressive increase with the trans-Atlantic now trading at high teens.
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Friday, 03 February 17
KOMIPO INVITES BIDS FOR 1.13 MILLION TONS OF BITUMINOUS COAL FOR Q2' 17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 1,130,000 Metric Tons of Bituminous coal f ...
Friday, 03 February 17
U.S. WEEKLY COAL PRODUCTION DECLINED 3.9% W/W; ROSE 17.7% Y/Y
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Friday, 03 February 17
US - EXECUTIVE ORDER ON IMMIGRATION AFFECTS VESSEL CREWS - GARD
From 27 January 2017, crew members carrying Iraqi, Syrian, Sudanese, Iranian, Somalian, Libyan or Yemeni passports are temporarily barred from ente ...
Wednesday, 01 February 17
MARKET INSIGHT - PANOS TSILINGIRIS
The recent placement of LOIs for 208kdwt Newcastlemax Newbuildings at $38.5m at Private Chinese Yard identifies with the modern history low for dry ...
Tuesday, 31 January 17
A CASE OF NEW YEAR BLUES FOR THE FAR EAST? - GEORGE LAZARIDIS
Unlike the typical lull in the market that we note during the period just prior to the Chinese New Year, 2017 has proved to be fairly m ...
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- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
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