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Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize
Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week.
According to Fearnleys AS research team, the main reason for the correction is that the fleet has repositioned in a more balanced way with the Atlantic basin filling up. The amount of vessels heading to the Atlantic has resulted in a more cautious outlook amongst market players reflected by August FFA being priced at 23,500 USD pd. However, cargo volumes remain at healthy levels so it is hard to believe in a dramatic market fall the next weeks.
Panamax
Fearnleys AS research team said in its latest weekly report that, the Panamax market has taken a breather in both basins, and the summer-boom has taken a rapid turn to the red. However, the sentiment in the market is still positive for the longer term, and many expect rates to continue the increase or at least stabilize going forward. A TA round voyage currently pays owners about USD 17,000 per day, while a front haul from the continent now pays in the middle of USD 25,000. In the east, a Pacific round voyage pays above the USD 12,000-mark. The BPI 4TC-index is currently at 1891 points, down 318 points from last week.
Supramax
The market for Supramaxes, Fearnleys says, the market has seen weakening sentiment the last week following from the drop of the bigger sizes. The lack of fresh interest from charterers in the Atlantic region have put some pressure on the rates in USG and East Med. ECSA is stable, with owners able to obtain good rates for direction Med USD17,000 and FH USD 15,500 + 550,000 BB on Tess58. PG-India, as well as Asia markets despite the negative indexes, remains active and well supported with long list of cargo orders.
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Wednesday, 04 December 19
FITCH RATINGS: CASH FLOW GENERATION TO SLOW DOWN FOR INDONESIAN COAL MINERS
Fitch Ratings' negative outlook on the Indonesian coal-mining sector reflects our view of weaker cash flow generation on account of declining c ...
Wednesday, 04 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the marke ...
Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as sup ...
Tuesday, 03 December 19
STABILITY AND COMPATIBILITY OF VERY LOW SULPHUR FUEL OILS - GARD
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics ...
Monday, 02 December 19
COAL PRODUCTION IN INDIA UP BY 164.58 MT IN 5 YEARS - BUSINESS LINE
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Aff ...
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- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- MS Steel International - UAE
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
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