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Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and Skaw/ Passero fixed USD 5000 for trips across the Atlantic. Fronthauls was paid around USD 19,000. Pacific market is looking steadier as it has been of late. For Indo-India, large eco Supra now fixed at USD 7000 + BB USD 90,000 bss APS Indonesia. There is very limited Nopac enquiry. Indian iron ore market remains quiet with less activity on WCI & ECI as monsoon arrives, WCI-China rates around USD 8000 and ECI-China around USD 5000. RBCT rv remain around USD 6000 delivery India or 10,000 + BB USD 250k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 9000 for large Supra.
Panamax
It was a slow start to the week with limited trading in both hemispheres. With lack of fresh cargoes and a steady flow of ballasters entering the Atlantic, the supply/demand indices facing bigger gap. Mid week we do however see some more cargoes in the Atlantic and this is probably caused by the attractive freight rates being achieved by chrts. TArvs pending around USD high 8´s and fronthauls being fixed in the region of USD 17k. News of China starting up stimulus packages to help the economy might influence the market positively. They will build infrastructure and help the steel sector. In the Pacific some period fixtures were reported at low USD 6k while rounds are being fixed in region of USD 5,500-6,000.
Capesize
With a slow end to a slow week the market has struggled to pick up momentum this week with limited cargoes to be had in both basins. The levels that did fix are down w-o-w levels. C5 continued to slide, due to a very slow iron ore market, believe the lowest level iron ore cargo fixed at USD 6.75 pmt and coal prices are also dropping slowing the coal market with limited activity from Chinese importers. 4CTC average edged down to around the USD 4100/day down from the USD 4500/day level last week. There has been limited period activity but short period levels should be somewhere in the mid to high USD 9000 level. With the continuing downward trend in the market we also hear that MOL has decided to scrap and cold lay-up between 10-20 Capesizes over the coming months.
Source: FEARNLEYS AS
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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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- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Sical Logistics Limited - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
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