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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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Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000 MT of min. 4300, 3500 and 5600 NCV ...
Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...
Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
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The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...
Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...
Thursday, 21 March 19
PRICE PLUNGE AS CHINESE LEAVE THERMAL COAL OUT IN THE COLD - AUSTRALIAN FINANCIAL REVIEW
Thermal coal exporter New Hope Corporation says China’s shipment squeeze on Australia is putting downward pressure on prices in all markets i ...
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Showing 1441 to 1445 news of total 6871 |
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- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
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