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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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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Planning Commission, India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Australian Coal Association
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
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