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Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sentiment turning to careful optimism and Far East cargo flows in particular increasing somewhat said Fearnleys in its latest weekly report. Question asked for weeks is what merit is there in employing tonnage at earnings closer to zero/day than opex, and with extensive drifting + ultra-slow steaming we may now be in for a resultant recoil if ore and coal volumes live up to expectations.
According to Fearnleys, Atlantic and fronthaul spot trades still have a long way to go in this respect, making any forecast uncertain. Several players have taken advantage of the recent dramatic downturn to pick quality period tonnage at heavy discounts, most recently exemplified by 206000 dwt built 2012 done for 14-17 months at US$14500/day - more conclusions expected in days and weeks to come.
PANAMAX
Commenting on Panamax, Fearnleys research team said that another positive week with numbers moving upwards in the Panamax-segment, especially in the ECSA region and in the east. For a Transatlantic trip, Kamsarmaxes (82.500 DWT) earn around the low USD 4,000's, while short fronthauls from the UK/Continent-region are priced at high USD 13,000.
For grains ECSA/China charterers are paying around USD 8,500 DOP Singapore for a round trip. A Transpacific round voyage in the east pay ship owners around the high USD 5,000's, and the Baltic 4TC-Index is up 140 points since last week, now at 722 points.
SUPRAMAX
Sentiment have improved slightly the last weeks with indices starting to turn green for the first time this year Fearnleys report indicated. However, the report says, levels still are still generally low. USG fronthaul currently pays low 20s, up from high teens a couple of weeks ago. Aps Indo rounds currently yields mid 7,000s USD pd, up from low 6,000s USD pd earlier this year. Going forward, further gains hinge on China returning in full from the corona virus related shutdowns.
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Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
Saturday, 01 February 20
THERMAL COAL MARKETS: 5 TRENDS TO WATCH OUT FOR IN 2020 - MINING REVIEW
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific.
&n ...
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- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
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- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
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- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
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- ASAPP Information Group - India
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- The Treasury - Australian Government
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- Miang Besar Coal Terminal - Indonesia
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- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
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- McConnell Dowell - Australia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
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- Planning Commission, India
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- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
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- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- The University of Queensland
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
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