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Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize
Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far less than the mathematical average - same being stable w-o-w at USD 9000/day, said Fearnleys in its latest weekly report. Vintage, non-eco, non-scrubber units suffering by far the most. With historically high bunker prices, scrubber-fitted ships presently earn an extra USD 8-10k/day in comparison.
The report further noted that, Far East iron ore and coal volumes are fair but not sufficient to change a nervous spot sentiment. Atlantic and fronthaul minerals outlook is better, but still remains to be seen if live up to expectations next few weeks. Healthy period interest, but actual activity limited and much focused on index-linked levels view poor spot and forward values-representative fixtures including spot 180,000 dwt, built 2010, for about 12 months at ave5tc plus 10 pct.
Panamax
Commenting on Panamax sector, Fearnleys says, this week started in the red with limited activity, but picked up during the next days as usual. Positive sentiment, especially from ECSA, has turned the index green again with new cargoes entering the market mid-week. A TA round voyage pays owners around the mid USD 7,000 per day. A fronthaul from the Continent yields around the low USD 15,000's. In the Pacific basin, a round voyage pays owners around USD 4,500 per day, while a kmx fetches around 10,000 DOP Singapore for a grain run via ECSA. The BPI 4TC-index is currently at 825 points, 22 up since last week.
Supramax
The market flattening out and some more resistance from owners in the East, although still at low levels says Fearnleys on Supramax.
Indo/China round voyage fixing around low/mid USD 6,000 bss aps Indo, while Cis round voyage to China talking around USD 4,500 aps.
Nopac round voyage fixing around USD 7500 + 250k gbb aps nopac, while Aussie round voyage talking around low 6k dop China delivery. In the Atlantic, ECSA fronthaul are paying around 13,000+300k gbb, while to TA to Med around USD 12,000. From Med to Wafr it is paying around USD 7,500, while fronthaul ex Continent is paying around USD 20,000. There has been some period activity where Ultras covered short period around USD 9,500 in the Far East, while for longer periods close to 1 year, split rates are discussed roughly around 5,000 first 30 days and in the 8k's for the balance.
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Wednesday, 12 February 20
COAL INDIA WILL EXCEED LAST YEAR'S PRODUCTION FIGURES: OFFICIAL - PTI
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year’s production figures, a to ...
Wednesday, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
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- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
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- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
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