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Thursday, 16 May 13
PANAMAX: THE FORWARD CURVE IS FALLING GRADUALLY - FEARNRESEARCH
Handy
The Atlantic market remained quiet. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The Pacific market remained uncertain as charterers holding rates and owners asking higher rates. However heard Supra open South China was fixed at low 8s for Indo-ECI rv. WCI-China is also easing off and rates getting weaker around USD 8-9k whereas ECI/China was quiet and rates were 6k, respectively. RBCT round was around USD 9k + 300 BB. Short period activity was limited and rate for large eco Supra was around USD 9k.
Panamax
Largely flat week particularly in the North Atlantic with limited with fresh cargoes. A few quick T/A runs brought some energy into the market and levels from about 8.5- 9k per day. East Coast South America remains steady with marginally lower rates but higher ballast bonuses due to congested Brazilian ports, typically 15,500 + 550k GBB. Fronthaul via Baltic reported at steady mid teens. In the Eastern hemisphere volumes are low and new business scarce. With a long list of open tonnage many owners still look for ECSA runs. SE Asian rounds between 6-7k and tick more for Nopac buiz. Marginal volumes on period, although 11-13 months done at 9k with optional 2-3rd year at high 9 and 10 flat. The forward curve is falling gradually, as could be the trend for the coming weeks.
Capesize
The positive run witnessed on the 4TC average appears to have slowed, with the index losing USD 650 w-o-w. Following last week´s firmer West Australia fixtures, tonnage in the high Pacific looks to be in surplus again and rates have come off. At the time of writing, USD 7.25 PMT has been concluded on this route by the major Australian shippers. The Atlantic and fronthaul routes remain quiet, therefore restraining any momentum generated in the Pacific. Looking forward to June and July, it remains to be seen whether the 4TC average will hold steady or deflate back to USD 4.5k levels of previous months. Consistent volumes across all fronts will be required for the latter to be prevented. Perhaps the most positive news of the week is a reported period deal for 3 years at a very strong USD15k per day. This also follows a recent trend of 2nd hand Cape plays from old players, which we hope indicates heightened confidence for the years to come.
Source: Fearnresearch
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Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.
The ...
Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023
Oil prices came under some pressure yesterday with ICE Brent settling a litt ...
Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...
Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...
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- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- The University of Queensland
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
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