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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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Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...
Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...
Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...
Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted c ...
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- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Australian Coal Association
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Planning Commission, India
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