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Thursday, 07 September 17
CAPESIZE: EARNINGS FOR THE BIG SHIPS KEEP UP NICELY AS DIPS ARE MODERATE AND SHORT-LIVED - FEARNLEYS
Supramax
Fewer activities in the Atlantic in start of the week with the US holidays. Owners were asking around low USD 20k for trip ex USG to Far East, while ECSA fronthauls has been fixed around USD 13500+350k bb, says Fearnleys in its latest weekly report.
The Cont and Baltic have been slow with few orders for a while and the usual scrap runs to E. Med pays owners around USD 10k. The last month before rain season comes to Philippines and the nickel ore market is becoming even hotter, an Ultra open S. China fixed USD 14k and another open Lanshan fixed USD 12.6k. The broker further noted that, the highest rate level seen the last two years. Coal biz follows same trend, with charterers taking vessels from CJK for Indo coal. A Supra fixed 9k dop CJK to Thailand and a 53k open S. China fixed USD 9750 for Indo rv.
Panamax
The Fearnleys analyst further noted It has been an active week for Panamax.
After a period with decreasing rates and low activity, the sentiment has changed substantially and the market is firmer in both hemispheres. Less tonnage and more cargoes in the north Atlantic has pushed the rates upwards and the TA market is priced at 10k’s right now, while FH are being fixed in the 18 to 20k’s depending on duration.
The activity out of the US Gulf and South America has been a key feature to keep the momentum. More activity in the Pacific has pushed the rates for a transpacific RV to mid 10k’s, while trips from Singapore via ECSA with redel FE being fixed at around 13k’s. FFA's, Sep is priced at mid 11k’s, while Oct is priced at high 12k’s on the P4TC index.
Capesize
Commenting on Cape, the Oslo based Fearnleys says, earnings for the big ships keep up nicely as dips are moderate and short-lived. Coal and iron ore volumes from main areas Australia, South Africa and Brazil all appear robust, which combined with a modest presence of prompt units give close to market equilibrium and reason for continued short-term improvements.
Average daily income was up some 8% w-o-w, coming in at close to USD 18,500. FFA values is still do not support for long period, with levels presently in backwardation territory. Activity/focus is thus for shorter deals - exemplified by 178,000 dwt/built 2017 open China mid Sept done for 4-6 months at USD 17700, also 208,000 dwt/built 2011 open China prompt fetching USD 20,000 basis 2-6 months from majors.
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Monday, 21 August 17
FIRM DEMAND FOR CAPES CONTINUE TO SUPPORT DRY BULK SHIPPING
COALspot.com: The freight market was continued to rose this past week compared to the previous weeks, as BDI, Cape and Panamax indexes show a posit ...
Friday, 18 August 17
U.S. WEEKLY COAL OUTPUT UP 2.1% WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 17 August 17
DESPITE A HOLIDAY-DISRUPTED WEEK IT HAS BEEN A NEW ACTIVE WEEK FOR THE PANAMAXES - FEARNLEYS
Supramax
A very quiet start to the week with holidays in several countries. USG still bringing good results supported by a tight tonnage availabl ...
Monday, 14 August 17
CENTURIES ON, AND DRY BULK STILL RULES THE WAVES... - SARAH HOLDEN | CLARKSONS
By the late 1800s, the shipping industry had been transformed by the introduction of steam power and iron ships. Coal and grain were two of the mos ...
Monday, 14 August 17
THE FREIGHT MARKET CONTINUES ON AN UPWARD PATH
COALspot.com: The freight market was continued to rose this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positi ...
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Showing 1966 to 1970 news of total 6871 |
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- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Australian Coal Association
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
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