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Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the East Fearnleys says in its latest weekly report.
The average BCI is up from 17,000 to just excess of USD 20,000 with c5 in the 8s pmt, compared to previous week sub 7. Brazilian iron ore, the c3 route is up one dollar, presently close to mid 18s pmt. Volume is relatively thin, but the sentiment looks positive.
Panamax
According to Fearnleys, the Panamax market took a turn mid last week, and has experienced firmer rates in both hemispheres. TA’s are now paying excess 12k for the longer runs, while the shorter are being paid in the 14k’s. In the Pacific, we see Aussie rounds being fixed in the 12k’s.
We do expect this firming tendency to remain short term with a short tonnage list – especially in the North Atlantic Fearnleys says. ECSA grain cargoes are still in a roll and being fixed at around15.5k+550k GBB, and we now also see the Black Sea grain market coming into play.
Supramax
The Supramax market continued sideways trend, and little inspiring news appear. Oversupply of tonnage in both basins putting pressure on the spot rates Fearnleys says.
We are missing fresh inquiries in the key areas to turn the bearish trend around. Period activity is limited, and very few charterers taking long term commitments. Q1 putting pressure on forward curve. USG and ECSA remain flat. The Black Sea expecting more activity on the grain side, but same still submerged. Fronthaul rates from the Black Sea to Far East fixing around USD 20k/day.
Fearnleys weekly report further noted, West African trips to China with manganese ore reported at the level of low USD 20k/day. NOPAC and Aussie round trips into China vary in region 9k/11k per day range depends on delivery and vessels specs. South East Asia trips to China were reported at the level of USD 8,500/9,500 per day. EC India remains strong and paying close to USD 15k/day on Supra and USD 17k/day on large units.
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Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
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- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
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- Petron Corporation, Philippines
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- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
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- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
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- SMC Global Power, Philippines
- New Zealand Coal & Carbon
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- Minerals Council of Australia
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- Samtan Co., Ltd - South Korea
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- The State Trading Corporation of India Ltd
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- The University of Queensland
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- Eastern Coal Council - USA
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- Directorate General of MIneral and Coal - Indonesia
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- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
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- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
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- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
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- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
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- Indonesian Coal Mining Association
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- Romanian Commodities Exchange
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- Gujarat Mineral Development Corp Ltd - India
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- IHS Mccloskey Coal Group - USA
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- Standard Chartered Bank - UAE
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
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- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
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- Wood Mackenzie - Singapore
- Planning Commission, India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
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