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Thursday, 30 March 17
PANAMAX : ACTIVITY IN THE PANAMAX MARKET HAS INCREASED SUBSTANTIALLY IN BOTH HEMISPHERES - FEARNLEYS
Supramax
This week we were looking at prolonged activity from ECSA, mostly with grain cargoes to Far East and SE Asia, where Ultras to SE Asia fixed about 14k daily + bb and to Far East 13k, for same Supras got 14k + bb. To Med ultras gained around US$ 16000, said Fearnleys in its latest weekly report.
According to Fearnleys shipping analysts, the USG came back alive, where trips were concluded around 16k to Skaw Passero, about 12k to Cont and to SE Asia 12k + bb. Usual scrap cargoes from Cont to Med was fixed this time about 15k daily. It has also been more coa's appearing on the market. Period side, bigger Supras were fixed at 12k for 12 months del Cont and Ultras del East 11k for 5 months. On Pacific, we saw more failures than usually, most probably due to easing market and somewhat falling rates.
Panamax
Commenting on Fearnleys says, activity in the Panamax market has increased substantially in both hemispheres this week. ECSA grains was the main driver, but general activity in the Pac and the Atlantic has also been firmer. The TA has increased to levels around USD 11.500 and Fhaul has been concluded in the USD 16.000 range. The Oslo-based broker further noted that, tonnage in the North Cont, has diminished leading to a tighter market for Baltic and Murmansk cargoes. In the Pac levels have reached USD 11.000’s for round voyages with ECSAM cargoes paying in the USD 12.000’s bss delivery Far East. At time of writing, the FFA's has decreased slightly, which could be a result of profit-taking among investors. Q2 is trading in the range USD 11350/11450, while April is around 12k levels mid week.
Capesize
Atlantic continues to remain positive with tonnage still tight, especially for first half of April dates ex.Brazil, even with a better volume of tonnage for second half into early May the bids here remain strong said Fearnleys on Cape segment.
Few nervous figures out in the Pacific led to a couple of fixtures being concluded on C5 middle of this week at sub-US$ 7.00 pmt, however this is viewed as a temporary blip and expect the market to push back up again with healthy T/C levels reported. The broker further said, the FFA market were showing good support, also resulting in growing appetite for period ships - well documented by a 179k dwt fixing 19k for a year, delivery in India.
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Tuesday, 20 December 16
TURNAROUND IN CHINESE ECONOMY HAS INTENSIFIED RECENTLY, SAYS COMMODORE RESEARCH
According to the most recent Weekly China Report published by Commodore Research, it has remained encouraging that the turnaround in China’s ...
Monday, 19 December 16
U.S. WEEKLY COAL PRODUCTION DOWN 3.1% PERCENT WEEK ON WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.8 million short ton ...
Monday, 19 December 16
THE FREIGHT MARKET WAS CONTINUING TO SOFTEN
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continually decline this past week and ending on a negati ...
Thursday, 15 December 16
SUPRAMAXES ARE ACHIEVING AROUND HIGH USD 7K FOR INDO/CHINA COAL ROUNDS - FEARNLEY
Supramax
Pacific has been relatively quiet this week, with some softening signs.
Supramaxes are achieving around high USD 7k for Indo/China ...
Wednesday, 14 December 16
INTERNATIONAL TRIBUNAL DISMISSED CHURCHILL MINING'S DAMAGES CLAIM AGAINST REPUBLIC OF INDONESIA
The Directors of Churchill Mining plc advise that, the ICSID Tribunal (“Tribunal”) granted Indonesia’s application to dismiss the ...
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- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
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