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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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Sunday, 26 January 20
SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
The shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of the ‘Wuhan’ coronavirus ...
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...
Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...
Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...
Thursday, 23 January 20
AFRICAN POWER PLATFORM PUBLISHES REPORTS ON POWER SECTOR FRAMEWORK FOR SELECTED AFRICAN COUNTRIES
Press Release: African Power Platform publishes Reports on Power Sector Framework for selected African Countries
With the repo ...
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- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
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