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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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Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
Tuesday, 08 January 19
GLOBAL TRADE GROWTH EXPECTED TO REMAIN AT HEALTHY IN 2019 - ALLIED
2019 is here and we find ourselves with new challenges for the shipping industry and the global economy as whole, with market prospects being neith ...
Monday, 07 January 19
THE NEWCASTLE BENCHMARK SPOT PRICE IS FORECAST TO DECLINE FROM AN ESTIMATED AVERAGE OF US$105 A TONNE IN 2018 TO US$74 A TONNE IN 2020 - DEPARTMENT OF INDUSTRY, AUSTRALIA
• The Newcastle benchmark spot price is forecast to decline from an estimated average of US$105 a tonne in 2018 to US$74 a tonne in 2020, prim ...
Monday, 07 January 19
INDONESIAN GOVERNMENT DECLARED COAL BENCHMARK PRICE FALLS FOR FIFTH STRAIGHT MONTH IN JANUARY 2019; LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 07 January 19
RUSSIA'S COAL PRODUCTION UP 5.9% TO 433.4 MLN TONNES IN 2018 - TASS
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 mln tonnes, according to the Central Dispatching Department of Fuel Energ ...
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- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- VISA Power Limited - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
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