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Friday, 31 July 20
PANAMAX: THE PERIOD MARKET REMAINS QUIET WITH FEW FIXTURES REPORTED - FEARNLEYS
Capesize
After weeks of dropping rates, there are finally some resistance for the Capes. Pacific rounds improving to upper15,000s by the middle of the week and c5 back to USD 7 pmt level, followed by Brazil with c3 paying excess of USD 17 pmt said Fearnleys in its latest weekly Report. The sentiment is positive and period interest is steady, although limited concluded period fixtures last week.
Panamax
Fearnleys’s weekly report further noted that, the decline in rates for Panamax in all basins continued the last week. The Atlantic seemed to be “freefalling” whereas the Pacific had a more controlled decline.
According to Fearnleys, TA rounds took a dive from USD 13-14k to below USD 10k, and trips out came down from over USD 22k to below USD 19k. As for the Pacific, rounds have fallen some USD 1,500 from last week. However, some fresh orders may indicate that the Pacific could be bottoming out. As for the Atlantic market, there is talk of more business easing the fall, in particular from ECSAM, where rates seem to be stabilizing around USD 14k+400. The tonnage situation in North Atlantic is still, however, a reason for concern. The period market remains quiet with few fixtures reported.
Supramax
Commenting on Supramax sector Fearnleys says, by mid-week the index continued downwards, but after a slow start some more activity came to light. From USG, vessels are getting around mid 20k to India, while from Black Sea fh is paying low 20k. On the Continent, scrap runs are fixing around 11k, while further East, Pacific round voyages are paying mid/high 9k. Period rates remained relatively stable so far.
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Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
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- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- VISA Power Limited - India
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
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