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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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Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...
Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
Colombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and dro ...
Monday, 16 September 19
THE COAL-D SHOULDER? - BALTIC EXCHANGE
Good fortune and the number 13 don’t usually go hand in hand, but when it comes to coal, 2013 actually seems to have been the commodity&rsquo ...
Monday, 16 September 19
SCRUBBERS AND FUEL PROFIT SHARE CLAUSES - CLYDE&CO
From 1 January 2020, Regulation 14 of MARPOL Annex VI provides that the sulphur content in fuel oil used on board ships shall be reduced from a max ...
Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
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- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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