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Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average index value is more or less unchanged from last week, mainly due to a drop in the West Australia and Tubarao routes; West Australia was down from mid 5s to depressing USD 5 pmt, and C3 approaching low 12s says Fearnleys in its latest Weekly Report. At the same time, Fearnleys says, the Atlantic market is showing better signs, making the total picture more or less the same from one week ago. Period rates keep stable.
Panamax
Commenting on Panamax sector, Fearnleys noted that, healthier levels have been seen in all regions, especially from East Coast South America grains. Ship-owners have mostly been getting higher rates than the last done, although the majority of the improved fixtures in the East have been limited to the better-described ships. For a transatlantic trip, Kamsarmaxes (82,500 dwt) currently earn around USD 7,000, while short fronthauls from the UK/Continent region are priced at the high USD 16,000s.
According to the report, from East Coast South America to China, charterers are willing to pay around USD 11,000 DOP Singapore for a round-trip. A transpacific round voyage in the East pay ship-owners around the low USD 7,000s, and the Baltic 4TC Index is up 239 points since last week, now at 961 points.
Supramax
Supramax together with Panamax have showed positive improvement across the board. Fearnleys said, strong demand in ECSA with grain moving Eastbound. Ultramax was able to obtain USD 14,000 plus USD 400,000 GBB for fronthaul. Transatlantic rates have also climbed up, and 61,000 dwt fixed delivery Recalad for TCT to East Mediterranean at USD 15,000.
USG was active, but slightly modest upturn for Atlantic direction, though strong fixture was reported for fronthaul on Tess 58 delivery New Orleans tct to Japan at USD 21,000. Continent continued with good cargo demand and shortage of tonnage. Tess 52 was reported fixed delivery Denmark with grains to South Africa at USD 16,000. Indian Ocean, South East Asia, and Far East all showed good signs of recovery. We have seen rates increase by approximately USD 2,000 pd for most Pacific routes.
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Thursday, 14 May 20
OPEC REVISES DOWN GLOBAL OIL DEMAND FORECAST AGAIN
Crude Oil Price Movements
Crude oil prices recorded a second sharp monthly drop in April, amid an increasing oil surplus in the spot market. Th ...
Thursday, 14 May 20
NEW COVID-19 GUIDELINES FOCUS ON SAFE INTERFACE BETWEEN SHIP AND SHORE STAFF - GARD
At a time when the COVID-19 pandemic is affecting the global population, it is important that ships’ crew and port workers protect each other ...
Wednesday, 13 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.4 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.93 points Monday, down 0.4 percent week on week.
The index, released by Chin ...
Tuesday, 12 May 20
IN THE FIRST 4 MONTHS OF 2020, SOUTH KOREA IMPORTED 46.6 MLN TONNES OF CRUDE OIL BY SEA, A NET DECLINE OF 14.1% YOY - BC
South Korea is certainly one of the countries which has handled better the current Covid-19 crisis. In the first week of May 2020, new cases of ...
Tuesday, 12 May 20
OIL MARKET TURBULENCE PIVOTS FOCUS ON FLOATING STORAGE TECHNICAL NEEDS - LLOYD'S REGISTER
KNOWLEDGE TO ELEVATE
Negative oil prices and off-the-scale volatility in crude markets are positive for floating storage, as the next chapter ...
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- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Planning Commission, India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
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