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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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Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
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