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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, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
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- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
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