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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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Thursday, 12 December 19
KOWEPO INVITING BIDS FOR 2.28 MILLION TONS OF MIN.4,400 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,280,000 tons of (Sub) Bitum ...
Wednesday, 11 December 19
PANAMAX: THE MARKET REMAINED FIRM IN THE PACIFIC, WITH INCREASED ACTIVITY NOTED IN KEY AREAS, SUCH AS INDONESIA - ALLIED
Capesize – Positive momentum was resumed this past week, with earnings mak-ing some gains once again. This rising pattern was reflected in th ...
Tuesday, 10 December 19
PREPARATIONS INTENSIFY AS IMO 2020 GLOBAL SULPHUR CAP LOOMS - STANDARD CLUB
With less than a month to go for the impending IMO 2020 global sulphur cap, the club has started witnessing dispute cases relating to the measureme ...
Monday, 09 December 19
KOREA SOUTHERN POWER CO LTD IS INVITING OFFERS FOR MIN 3700 NCV COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for 160,000 Tons steam coal.
Acco ...
Saturday, 07 December 19
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
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- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- The University of Queensland
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Australian Coal Association
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Aditya Birla Group - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
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