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Friday, 14 June 19
PANAMAX: OUTLOOK IS MIXED - FERNLEYS
Capesize
Sentiment changed to a more nervous tone as pacific cargo volumes failed to deliver as expected, however latest activity indicates resistance to further softening, says Fernleys in its latest report.
Average daily earnings were around at US$ 14000 down around 5 pct w/w, with the two main conference routes W Australia/China and Brazil/China contributing equally much to the slight decline.
Fernleys further noted that, outlook is mixed, as 2 major Australian miners have fiscal year ending 30 June and their July volumes could thus be moderate - and coal prices/trades give little reason to cheer, whilst on the other hand numerous vessels busy fitting scrubbers plus the apparent return of Brazilian miners to spot scene calls for cautious optimism on the crucial front haul trades.
Major players keep being busy picking period units, last exemplified by 177000 dwt 2010-built China prompt done for 17-19 months at US$15500, 177000 dwt 2007-built done for 22-25 months at US$15300, and 179000 dwt 2010-built rumoured for 6-9 months at US$15900.
Panamax
Commenting on Panamax sector, Fernleys says, the market has turned down in both basins this week, with the TA-rates especially taking a major hit. A transatlantic round voyage currently yields around US$7,000 per day, while a short front haul from the continent yields something the middle of US$ 16,000. In the east, a Pacific round voyage now pays around the US$ 10,000's per day. The BPI 4TC-index is down 155 points for the week, currently at 1149.
Supramax
A slow start to the week with holidays across many countries in Europe, but with some more activity by mid week.
From ECSA vessels are fixing around $ 14000 to Med, similar rates obtained from USG for the same direction. In the Pacific, bad weather has created problems for several coal producers, leading to several spot vessels in South Kalimantan and also putting pressure on rates elsewhere in Pacific.
Indo/China coal rv's are paying owners around US$7000 del Singapore. While in the Indian Ocean South Africa /WCI paying low US$12k + US$225k gbb and WCI to Bangladesh around mid/high US$ 9000, said Fernleys.
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Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...
Saturday, 15 June 19
SUPRAMAX: A 58,000-TONNER, OPEN QINGDAO, WAS BOOKED TO REDELIVER IN EAST COAST INDIA AT $6,500 - BALTIC BRIEFING
Capesize
The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East we ...
Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE
Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platfor ...
Wednesday, 12 June 19
KOSPO INVITES BIDS FOR 140,000 MT OF 4,600 NCV COAL FOR SEP. 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 140,000 MT of minimum 4,600 kcal/kg NCV coal ...
Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...
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- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Planning Commission, India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
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