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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, 20 November 19
FOREIGN DIRECT INVESTMENTS IN COMMERCIAL COAL MINING IN INDIA? - DIPESH DIPU
In August 2019, Government of India announced its approval for Foreign Direct Investment (FDI) for coal mining, processing and sale. Not that FDI i ...
Wednesday, 20 November 19
AUSTRALIA'S NEW HOPE POSTS 66% SURGE IN Q1 SALEABLE COAL OUTPUT - REUTERS
Australian coal producer New Hope Corp Ltd reported on Tuesday a 66% jump in saleable coal production in the first quarter, as output ramped up at ...
Wednesday, 20 November 19
THE IMO AND THE PRICE OF GAS OR THE IMPACT OF THE INTERNATIONAL MARITIME ORGANISATION'S SULPHUR 2020 LIMIT FOR MARINE FUEL OIL ON THE PRICE OF GAS - KING & SPALDING
The main bunker fuel for ships is High Sulphur Fuel Oil (HSFO, with sulphur up to 3.5% m/m (mass by mass)). This will all change on 1 January 2020 ...
Wednesday, 20 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
While the market expects the next OPEC meeting, there are still no clear signs indicating that the organization will keep supporting oil prices, wh ...
Monday, 18 November 19
CHINA RECORDS STABLE COAL PRODUCTION IN JAN-OCT: XINHUA
China’s raw coal output registered stable growth in the first 10 months, while its imports remained robust, official data showed.
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- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Aditya Birla Group - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- The University of Queensland
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
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