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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, 10 July 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR HCV AND LCV COAL FOR AUGUST 2019 LOADING
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for total 460,000 to 500,000 Metric To ...
Wednesday, 10 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
In contrast with the general expectations for the dry bulk market, the sector was not positive or even stable during the past 6 months. The warning ...
Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize
The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw ...
Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...
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- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- The University of Queensland
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
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