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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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Saturday, 01 February 20
COAL IS NOT GOING ANYWHERE - MINING REVIEW
The coal sector is living under the constant threat of being blamed by environmentalists as being responsible for a world disaster called global wa ...
Saturday, 01 February 20
CIL PRODUCTION TO NOT EXCEED 640 MILLION TON IN FY20: OFFICIAL - PTI
Hit by disruptions due to a prolonged monsoon, mining major Coal India Ltd’s production in the current fiscal will not exceed 640 million ton ...
Saturday, 01 February 20
WHO PAYS FOR IMO 2020? - FREIGHT WAVES
The United Nations’ International Maritime Organization (IMO) implemented its low-sulfur fuel mandate on January 1, 2020. Full enforcement be ...
Friday, 31 January 20
EIA EXPECTS U.S. ELECTRICITY GENERATION FROM RENEWABLES TO SOON SURPASS NUCLEAR AND COAL
In the latest long-term projections, the U.S Energy Information Administration (EIA) projects electricity generation from renewable sources such as ...
Thursday, 30 January 20
PRIVATE SECTOR COMPANIES SEEK 'LEVEL PLAYING FIELD' FOR COAL BLOCK AUCTION - PTI
Private sector companies scouting opportunities for commercial coal mining in the country are seeking a “level playing field” to encour ...
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- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
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