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Friday, 13 March 20
PANAMAX: SLIGHTLY STRONGER NUMBERS IN BOTH BASINS THIS WEEK - FEARNLEYS
Cape
Still very sad times for the big ships, and merit in further trading at present levels is highly debatable for most tonnage. Spot fixtures in many cases reflect zero to negative daily income, with owners even taking on contractual risks of potential further virus-related losses, said Fearnleys in its latest weekly Report.
Fearnleys further said, this stated, the West Australia/China iron ore conference trade presently sees increased volumes. Values for Pacific rounds are nevertheless at far below operating expenses, and best case at a nominal USD 3,300/day. Period activity is moderate and interest remains cautious, with representative recent conclusions including 174,000/2006 spot China fetching USD 12,700 basis 8-9 months and 179,000/2009, also spot China, done basis BCI AVE5TC + 3 pct.
Panamax
Panamax segment, Fearnleys says, slightly stronger numbers in both basins this week, with the North Atlantic having the better uptick, and a more sliding market in the East. For a transatlantic trip, Kamsarmaxes (82,500 dwt) currently earn around USD 9,000, while short front hauls from the UK/Continent-region are priced at the high USD 18,000s. The report also said, 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 USD 7,500, and the Baltic 4TC-Index is up 96 points since last week, now at 961 points.
Supramax
According to Fearnleys latest weekly Report, the Supramax segment is still remaining positive, with lack of tonnage in certain areas pushing rates upwards.
The Continent market has been very tight, and remains firm although with bit more tonnage available compared to last week. From ECSA TA's paying around USD 16,500 to the Mediterranean, and around USD 14,000+400k gbb for front haul. In the\ Indian Ocean, ships fixing around USD 12,500+250k gbb to China, while further east Indonesia/China RV paying around USD 7,000 from Singapore.
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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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- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Central Electricity Authority - India
- The University of Queensland
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
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