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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, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...
Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...
Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
Friday, 24 July 20
IPA: THERMAL COAL IMPORTS AT MAJOR PORTS DECLINE 35 PC TO 17.71 MT IN APR TO JUNE - ECONOMIC TIMES
These ports had handled 27.13 MT of thermal coal and 14.95 MT of coking coal in the April-June period of the previous financial year
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- Indika Energy - Indonesia
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- Eastern Coal Council - USA
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- Bayan Resources Tbk. - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
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- Videocon Industries ltd - India
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- CNBM International Corporation - China
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- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
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- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Petron Corporation, Philippines
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- Siam City Cement PLC, Thailand
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- Trasteel International SA, Italy
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- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
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- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
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- Australian Coal Association
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- Indian Oil Corporation Limited
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- SMC Global Power, Philippines
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- Economic Council, Georgia
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- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
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- Power Finance Corporation Ltd., India
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- Mjunction Services Limited - India
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- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
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- Ministry of Finance - Indonesia
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- Parliament of New Zealand
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- White Energy Company Limited
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- The University of Queensland
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- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
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- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
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- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
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- Australian Commodity Traders Exchange
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- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
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- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
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- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
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- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Romanian Commodities Exchange
- Aditya Birla Group - India
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