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Thursday, 04 January 18
SUPRAMAX: INDO TO CHINA WERE FIXED AT AROUND $8K DAILY; DOWN AROUND 27% WOW
Supramax
Q1 kicked off with an usual standby with all counterparts waiting for the market to take direction. Further holidays in East-Europe added somnolence to Atlantic market specially within fertilizer, coal and scrap cargoes, says Fearnleys in its latest weekly report.
According to Fearnleys this year’s first report further said, Supras from Cont/Baltic for fhaul cargoes(+inl breach) though obtained similar levels to last done in end Dec (ca USD 17k daily). Owise very little reported.
From last week USG to China ships were fixed $24-15k daily and to S Brazil rates were ca $18k daily. Pacific has a same tendency and rates are dropping even further there. Backhauls from CJK to Med were concluded around $4k daily on an Ultramax. Supras del Singapore via Indo to China were fixed last week around $11k , now only around $8k daily.
Panamax
Commenting on Panamax, Fearnleys analysts team says, as expected, it has been a slow and sluggish start to 2018, with both owners and charters watching the market to see how it evolves. Over the holidays, there have been many discounted rates agreed, but this might not be representative for the market in general as owners and charters wanted to finish business before the start of 2018.
At the time of writing, Fearnleys says, the TA market has dropped to abt mid $11k’s, while fronthaul’s are being fixed in the $16 to 17k’s depending on duration. The sentiment in Asia remain soft with a transpacific RV priced at mid $9k’s and the expectations going forward is mixed. In general, the market need more fresh cargoes in both hemispheres to turn the freight rates into a positive trend.
Capesize
The Cape market dropped sharply into the new year, with the basket falling from around $30,000 USD p/d to $15,000 p/d within just a couple of weeks. However, the market has livened up slightly at the start of the year, raising hopes that January and perhaps February will be firmer than usual. The FFA currently prices January at $14,900 p/d and February at $13,200 p/d - healthy levels considering the seasonal headwinds fazed during these two months (higher vessel deliveries + the Chinese new year).
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Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
Wednesday, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...
Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...
Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
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- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Planning Commission, India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
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