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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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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
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Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
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- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- VISA Power Limited - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Australian Coal Association
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
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