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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, 26 February 19
THE RELATIVELY DISAPPOINTING SCENE PORTRAYED IN THE DRY BULK MARKET RIGHT NOW - ALLIED SHIPBROKING
The relatively disappointing scene portrayed in the dry bulk market right now (especially in the Capesize segment) is undoubtedly one of the prevai ...
Friday, 22 February 19
AUSTRALIAN HIGH CV THERMAL COAL PRICES AT 19-MONTH LOW, BUT NOT FOR LONG - WOOD MACKENZIE
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has be ...
Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
KNOWLEDGE TO ELEVATE
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that ow ...
Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...
Tuesday, 19 February 19
AUSTRALIA'S COAL FUTURE UNDER THREAT AS MORE CHANGES HIT FOSSIL FUELS GLOBALLY - ABC
Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.
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- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- The University of Queensland
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
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