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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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Wednesday, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
Is the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the mar ...
Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in K ...
Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize
A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week ...
Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...
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- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
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