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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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Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
...
Wednesday, 19 August 20
MISC MARKS ITS MAIDEN FORAY INTO MAJOR DEEP-WATER PROJECT IN LATIN AMERICA WITH MERO 3 FPSO
MISC Berhad (MISC) is pleased to announce its acceptance of Letter of Intent (LOI) from Petróleo Brasileiro S.A. (Petrobras) for the provisi ...
Wednesday, 19 August 20
MARKET INSIGHT - GEORGE LAIOS | INTERMODAL
Since the Covid-19 outbreak, governments and central banks around the globe have been using their ammunition and stimulus packages to keep their ec ...
Wednesday, 19 August 20
INDIA SAW A SHARP DECLINE IN ENERGY COAL IMPORTS IN JANUARY - JUNE 2020; –27 PER CENT YOY - BHP
Energy coal prices were weak in the second half of financial year 2020, BHP says in its Economic and Commodity Outlook FY20.
Accordi ...
Wednesday, 19 August 20
COAL PRICES TO REMAIN SUBDUED THIS FISCAL AMID WEAK DEMAND, HIGH INVENTORY - THE HINDU BUSINESS LINE
Coal offtake is improving gradually as lockdown eases
Coal prices are expected to remain subdued to weak demand and high inventory l ...
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- The University of Queensland
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Posco Energy - South Korea
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Planning Commission, India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
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