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Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize
The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards South America keeps pressuring rates downward. However, there was some optimism today on the FFA market with both November and December closing up around 900 USD p/d said Fearnleys weekly report. This probably due to the seasonal increase in shipment volumes that often occurs after the final weeks of October. Still, we might have to wait until the end of November before another upwards push upwardsmaterialize.
Panamax
Commenting on Panamax Fearnleys weekly report says, negative sentiment in the market as it continues to weaken. A TA RV currently pays owners around the mid14,500 usd pd on a standard Panamax, while a front haul from the continent now yields around 24,000 usd pd. In the east, a Pac RV pays around the 12,500 usd pd mark. The BPI4 TC index is currently at 1770 points, 118 down since last week.
Supramax
By mid week rates in the Atlantic basin had softened a bit, while some routes in Pacific made gains. TA from USG to Cont/Med are fixing in the high teens, while FH ex USG paying owners around USD 25000 toFeast. Trip from Cont/Med to Wafr paying owners around USD 15000, while scrap from Cont to E med paying around USD 14000. In the Indian Ocean vessels fixing around mid 13k + 350k gbb via Safr redel India range. Further in the East, Aussie rv's paying around USD 14500, while Indo/China trading around USD 14000
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Wednesday, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
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- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Marubeni Corporation - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Australian Coal Association
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
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