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Thursday, 14 March 19
SUPRAMAX: INDO COAL CARGOES GETTING FIXED AT AROUND US$ 12000 TO CHINA - FEARNLEYS
Capesize
Average daily earning still well below operating costs, and owners keep bleeding - but nevertheless finally some bright spots for the big ships, and most players seem to believe the worst for 2019 is now past said Fearnleys in its latest weekly report.
Fearnleys research team further said, healthy iron ore and coal volumes from Australia absorb a number of early far-east units, and west Australia/china rates have improved by some 18 pct to come in at US$ 5.50 pmt w-o-w.
In Atlantic, Fearnleys says, the tendency is for front haul ore being loaded further north to compensate for ongoing Brazilian export problems, however freight levels paid remain weak. Little period concluded for the modern large units at fixed rates as gap between available levels and forward expectation remain too wide, but for the smaller vintage ships the most recent is 171000 dwt built 2005 open India prompt done for 20-23 months at US$ 9750.
Panamax
Commenting on Panamax Fearnleys says, there has been limited activity this week, partly due to a Greek holiday and a lack of fresh orders along with a slimming tonnage list. Rates have been going down in both basins, but signs are showing that the grain levels will are looking positive for April dates from ECSA. Transatlantic round voyage currently yields about US$ 4,500 per day, while a short front haul from the continent yields around low US$ 12,000. In the east, a Pacific round voyage pays around the US$ 8,000's. The BPI 4T C-index is down 99 points for the week, currently at 839 points.
Supramax
A more negative segment this week in Pacific, although seeing still Indo coal cargoes getting fixed at around US$ 12000 to China says Fearnleys. Indian Ocean has improved with vessels fixing US$ 12250+225k gbb Rbay to Feast and from WCI to China paying around US$ 11000. In the Atlantic still relatively weak levels seen from continent with scrap cargo to Emed fixing around US$ 7750. ECSA seen stronger levels with US$ 13000 + 300k gob done for front haul and US$ 15000 to Med.
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Tuesday, 26 February 19
THE RELATIVELY DISAPPOINTING SCENE PORTRAYED IN THE DRY BULK MARKET RIGHT NOW - ALLIED SHIPBROKING
The relatively disappointing scene portrayed in the dry bulk market right now (especially in the Capesize segment) is undoubtedly one of the prevai ...
Friday, 22 February 19
AUSTRALIAN HIGH CV THERMAL COAL PRICES AT 19-MONTH LOW, BUT NOT FOR LONG - WOOD MACKENZIE
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has be ...
Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
KNOWLEDGE TO ELEVATE
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that ow ...
Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...
Tuesday, 19 February 19
AUSTRALIA'S COAL FUTURE UNDER THREAT AS MORE CHANGES HIT FOSSIL FUELS GLOBALLY - ABC
Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.
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- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Planning Commission, India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
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