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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, 01 July 20
MARKET INSIGHT - INTERMODAL
It was beginning of 2020 – close to 6 months from now – when we first experienced the huge impact of the COVID 19 outbreak on Ship Repa ...
Monday, 29 June 20
INDONESIAN COAL AT THE MERCY OF THE DRAGON AND TIGER - GHEE PEH | IEEFA
Coal sector analysts have been busy in recent months mapping the negative impact of low coal prices from the COVID-19 pandemic on Indonesian coal c ...
Monday, 29 June 20
FALLING DEMAND IN CHINA AND INDIA SIGNAL TOUGH TIMES AHEAD FOR INDONESIAN EXPORTS - GHEE PEH | EEFA
Assessing the Impact on Indonesian Coal Companies
The bad news for Indonesia’s coal companies is that they are likely to have ...
Monday, 29 June 20
INDIA COAL IMPORT OUTLOOK: WEAK DEMAND, IMPORT SUBSTITUTION, EXPECT 20% YOY DECLINE - GHEE PEH | IEEFA
For India, the coal demand indicators have clearly turned negative.
According to Argus Media, since the government declared a ...
Monday, 29 June 20
CHINA COAL IMPORT OUTLOOK: MANY MOVING PARTS, FORECAST TO FALL 10% YOY - GHEE PEH | IEEFA
China’s coal demand declined in the first quarter of 2020. According to the China National Coal Association, the country consumed 870mt in th ...
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- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Xindia Steels Limited - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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