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Thursday, 02 August 18
INDO / CHINA COAL RV'S IS PAYING AROUND USD 11,000 TO SUPRAS BSS DELIVERY SINGAPORE - FEARNLEYS
Capesize
The counter seasonally strong market during the summer months bodes well for the remainder of the year.
According to Fearnleys research, the current market environment is reminiscent of what we saw during the second half of last year so we would not bet on it dropping much below 20,000 USD p/d in spite of the usual oscillations of the Capesize market. We are likely to see new highs for the year being reached either during the remainder of Q3 or in Q4 given the high global steel output and relatively low fleet growth.
Panamax
Commenting on Panamax, Fearnleys, the Oslo based broker says, after four weeks of increasing average rates for Panamaxes, it has been slowing down in both basins this week. The Atlantic market has come under some pressure as both fresh and existing cargoes have been in short supply. Competition from Supramaxes has also dampened the number of fixtures from USG and NCSA. The latest weekly report from Fearnleys further noted that, a transatlantic round is currently fixed at around USD 14,500, while a short fronthaul yields around high USD 21.000. The ECSAM market has been a little slower this week, with little trading evident. In the Pacific, the market has appeared oversupplied, which has pushed rates down below USD 9.000 per day for transpacific rounds. The BPI index is down 3 per cent to 1539 points.
Supramax
An overall flat market for the Supras by mid-week with the holidays season. In the Atlantic, fronthaul via Baltic to SE Asia is paying Ultras around USD 19,000 while from the East Med/Bsea similar vessels are getting around USD 22,500. Usual scrap runs is paying around USD 13,000 from Cont to East Med. In Indian Ocean Supras are achieving around USD 12,500 + 250k gbb for trip via Safr to China. Further in Pacific, Indo/China coal rv’s is paying around USD 11,000 to Supras bss delivery Spore, while Nopac rv is getting fixed around USD 10,000 says Fearnleys. Nickle ore rounds are paying around mid USD 10,000 via Philippines to S. China and backhauls fm N. China to Med is paying around USD 6,000 for 65 days.
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Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports.
...
Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
According to a noted post ...
Wednesday, 08 August 18
CHINA DEMANDS PREMIUM IRON ORE, COAL; MINERS MIXED IMPACT - FITCH RATINGS
China’s stricter environmental regulations and structural changes in its steelmaking industry boosts ongoing demand for high-quality iron ore ...
Wednesday, 08 August 18
SHIPPING MARKET INSIGHT - CHRISTOPHER WHITTY
Singapore's shipyard business has evolved over the decades, from shipbuilding and repairs to rig building. It's now evolving again, to cate ...
Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
Australian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal- ...
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- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- PTC India Limited - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
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