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Thursday, 16 May 19
SUPRAMAX: INDO/CHINA COAL RV TRADING AROUND US$ 9,000 BSS S.CHINA DELIVERY - FEARNLEYS
Capesize
This volatile segment is trying to find a clear direction from the present US$ 12,000/day earnings for standard units says Fearnleys Weekly Report released today.
The report further noted that, general expectations are for recovery and a stronger development going forward, but underlying trade war tensions combined with uncertain reliability of Brazilian iron ore exports make nervous market players take one day at a time. Increasing front haul and transatlantic volumes have so far resulted in a 20 pct w-o-w jump in value for the Continent-Brazil-China trade coming in at US$ 25,400/day.
According to Fearnleys , mixing the signals is the West Australia/China iron ore conference trade at healthy volumes, but status quo money wise at US$ 6.25 pmt or around US$ 11,500/day on good units. Period interest amongst major operators is good and growing, last exemplified with very mediocre 180,000 dwt/built 2006 delivering China prompt for about a year at around US$ 15,500/day.
Panamax
Reporting on Panamax, Fearnleys says, a positive week in both hemispheres, where especially the grain market from ECSA has shown a solid increase in rates. A transatlantic round voyage currently pays owners about US$ 10,500 per day, while a short front haul from the Continent yields about US$ 18,000. In the East, a Pacific round voyage pays around the mid US$ 8,000's. The BPI 4TC-index is currently at 1243 points, up 55 points from last week.
Supramax
We see stronger demand in some areas in Atlantic, with tight supply of tonnage for prompt dates in US.ECSA, the larger sizes have also improved says Fearnleys.
For TA delivery Brazil chrts indicating US$ 14,000, while TCT to Brazil ex Continent fixing around mid US$ 5,000. Ultras fixed at around US$ 14,000 plus US$ 400,000 BB for a front haul.
Continent/Baltic see a steady flow of fertilizers to ECSA and India-China destinations, with rates around US$ 5,000 for ECSA. In the Mediterranean and Black Sea, we see more fresh grain stems to Far East regions, with rates indicating mid US$ 10,000. Ultra open Morocco fixed fh redel Spore-Japan at US$ 16,000.
In SE Asia, the market was softening. Indo/China coal RV trading around US$ 9,000 bss S.China delivery, while Aussie RV to China paying around US$ 10,500 bss Singapore delivery.
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Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...
Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...
Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize
The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...
Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...
Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...
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- Coastal Gujarat Power Limited - India
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- SMC Global Power, Philippines
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- Bharathi Cement Corporation - India
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- The University of Queensland
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- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
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- The Treasury - Australian Government
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- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
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- Sical Logistics Limited - India
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- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Aditya Birla Group - India
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- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
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- Electricity Authority, New Zealand
- CNBM International Corporation - China
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- Coal and Oil Company - UAE
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- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
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- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
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- Eastern Energy - Thailand
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- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
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- Heidelberg Cement - Germany
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- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
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- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
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- PowerSource Philippines DevCo
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- MS Steel International - UAE
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- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
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