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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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Wednesday, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions
As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...
Monday, 13 May 19
INDONESIAN COAL PRICE REFERENCE CONTINUES TO FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
Cape
The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week& ...
Thursday, 09 May 19
DEEP OFFSHORE SOUTHEAST ASIA CONGRESS 2019
Deep Offshore Southeast Asia Congress 2019
Event Date:2-3th July. 2019t
Location: Jakarta, Indonesia
Sarawak Shell Berhad (S ...
Thursday, 09 May 19
OFFSHORE CARIBBEAN CONGRESS 2019
Offshore Caribbean Congress 2019
Event Date: 4-5th July. 2019t
Location: Georgetown, Guyana
Hess announced a new d ...
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- VISA Power Limited - India
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- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
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- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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