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Thursday, 24 January 19
ANOTHER DISAPPOINTING WEEK FOR PANAMAX OWNERS; MARKET CONTINUES DOWN IN BOTH BASINS - FEARNLEYS
Capesize
The week has been marked by low activity and dropping rates in both basins. As usual, supply additions have increased at the beginning of the new year and demand is tepid on the back of weak buying activity in China said Fearnleys in its latest Weekly Report. Power plants in China have drawn about 20 million tons of coal inventories since the end of November which is a big reason for the slow market action. The market probably won’t liven up again until after the Chinese New Year.
Panamax
Commenting on Panamax, Fearnleys said, another disappointing week for ship owners, as the market continues down in both basins following the limited supply of fresh cargoes.
A transatlantic round voyage now only pays high USD 4,000's, while a short front haul from the continent pays around USD 13,500 Fearnleys said. In the east, a Pacific round voyage yields about USD 6,700 per day, while a backhaul pays around USD 3,000. The market is down 186 points from last week, now at 893 points.
Supramax
The market remains under pressure across the Atlantic basin, with rates falling further down.
Tonnage oversupply and limited demand on the cargo side are spreading negative sentiment. Owners resistance to face lower rate and charterers in no rush to fix, resulting in too many spot positions. The market shows no resistance due to the amount of tonnage building up. A transatlantic round voyage below USD 5,000 and front haul from USG to Far East around USD 14,000, it's about same level both from Continent / Bsea area to East.
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Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its fi ...
Tuesday, 29 January 19
CHINA HAS BEEN THE TOP DRIVER OF GLOBAL GROWTH FOR NEARLY TWO DECADES - ALLIED
China has been the top driver of global growth for nearly two decades now, pushing demand for seaborne trade and being the key influencer for deman ...
Saturday, 26 January 19
SUPRAMAX: NICKEL ORE RUNS SAW A 56K DWT VESSEL, DELIVERY PHILIPPINES, FIXED FOR A TRIP TO CHINA AT $6K - BALTIC BRIEFING
Capesize
A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying thr ...
Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
Tuesday, 22 January 19
9TH GLOBAL MANUFACTURING SUPPLY CHAIN INNOVATION SUMMIT 2019
Rethinking the supply chain in manufacturing is a must at the digital era along with the industry transforming and innovating; new manufacturing is ...
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- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Economic Council, Georgia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
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