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Thursday, 06 February 20
CAPE: WEAK SUPPLY/DEMAND RATIO THE STREETS REMAIN BLOODY FOR THE BIG SHIPS - FEARNLEYS
Cape: With still a weak supply/demand ratio the streets remain bloody for the big ships, and actual spot earnings are close to zero on main short-haul trades, said Fearnleys in its latest report.
The report further said, Index is in negative territory since days, and values have lost a further 30 pct w-o-w to come in at USD 3k/day - still overrated. Ever more ships idle or anchor up in the Far East, whilst the milk route Waust/China appears to bottom out at just south of USD 6.00/mt, and Pacific rounds at a corresponding touch over USD 1k/day.
Question is for how long there will be head-owned tonnage willing to continue trading, and subsequently how strong/fast the awaited recovery. Period activity is high, but for obvious reasons centered around floating rates, exception including 175,000 dwt, built 2011, delivering China 7-10 Feb for about 12 months at USD 13,500/day.
Panamax: Commenting on Panamax, Fearnleys noted that, the negative sentiment is continuing downwards in the aftermath of Chinese New Year, with the Corona Virus also causing uncertainty going forward. Owners have started putting their vessels at anchor as it is becoming the more sensible option to ballasting. For a transatlantic trip, Kamsarmaxes (82,500 dwt) now earn around the low USD 3,000's, while short front hauls from the UK/Continent-region are priced at around USD 12,000.
From ECSA, Fearnleys says, charters are paying around USD 12,000 + 200,000 gross ballast bonus for a trip to China, or around USD 6,000 DOP Singapore. A transpacific round voyage in the East pay ship-owners around USD 3,000 in the current market, and the Baltic 4TC-Index is down 107 points since last week, now at 520 points.
Supramax: Activity has increased the last week as players are slowly returning to work after holidays in China. However, levels remain unchanged with round trips in the East calculating below OPEX. However, on an encouraging note this year has started well on the demand side, as shipment volumes the first four weeks of the year are 11.5% higher than the same period last year.
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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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- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- PTC India Limited - India
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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