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Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy
Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont/US Gulf fixed USD 1300 while US Gulf back to Cont at USD 8800. Fronthauls were paid USD 11,500. The Pacific market has improved with lot of cargoes seen, especially Indonesia. Indo-India rounds are now fixed at USD 9k basis North China. Nickel ore are also getting gud premiums. Indian iron ore is still quiet but few cargoes are seeing. WCI-China is around USD 10k and ECI-India around USD 8k. Short period rates around USD 10k, though not seen much this week.
Panamax
The Panamax market experienced yet another week with declining rates in both hemispheres. A quick count shows that it is about 2.5 Pmax vessels per available cargo for March dates. Transatlantic rates came down somewhat USD 2k the last week and are now trading in region of USD 5k. Fhauls are being fixed at around USD 15k, down USD 2.5k from last week. In the Pacific we see rounds via NoPac are being fixed in the low 8k which is a positive sentiment compared to last week. For the backhauls the T/C equivalent levels are at around 0. The period market is regaining activity, but owners need to be flexible on the spread of period with deals being concluded at around 11k for a year on modern Kamsarmaxes.
Capesize
The pessimism in the market continues. More owners are willing to consider present levels for short period, indicating that expectations for a turnaround in the immediate future are nonexistent. Despite this the West Australian miners continue to take tonnage at what has become a conference rate of USD 7.60 pmt (equivalent to USD 1-2000 per day T/C equivalent). There are however a large number of owners, who have been spot for days/weeks, who refuse to fix their vessels under USD 8.00. This standoff will eventually break, as the source of the cheapest owners dries up, and we will likely see numbers around the USD 8.00 mark for some time. The Atlantic market is also dismal with tonnage spot and waiting/hoping for something to pop up. So far there has been little to indicate that this situation will change.
Source: FEARNBULK
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- The University of Queensland
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- White Energy Company Limited
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Planning Commission, India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
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