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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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Tuesday, 18 February 20
CORONAVIRUS AND ITS IMPACT ON YOUR CONTRACT - CAN YOU RELY ON 'FORCE MAJEURE'? - INCE
KNOWLEDGE TO ELEVATE
On 30 January 2020, the World Health Organization (WHO) declared that the outbreak of the Novel Coronavirus (officially t ...
Monday, 17 February 20
IMO-2020 SULPHUR CAP - ISSUES TO CONSIDER PRIOR TO THE IMPLEMENTATION OF THE CARRIAGE BAN ON 1 MARCH 2020 - STANDARD CLUB
With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban&rsqu ...
Monday, 17 February 20
COVID-19: THE EFFECT OF THIS PUBLIC HEALTH EMERGENCY ON CHARTERPARTY TERMS - GARD
KNOWLEDGE TO ELEVATE
Is it useful to compare the COVID-19 with earlier disease outbreaks?
A comparison with the Ebola outbreak ...
Saturday, 15 February 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - REUTERS
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Saturday, 15 February 20
CHEN ZHIDA: NOVEL CORONAVIRUS - IMPLICATIONS FOR CHARTERPARTIES - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Last month, the Club issued a bulletin on the 2019 Novel Coronavirus (COVID-19) which explained the origin of the virus a ...
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- Trasteel International SA, Italy
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
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