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Thursday, 23 May 13
HANDY : THE ATLANTIC MARKET REMAINS UNCHANGED - FEARNRESEARCH
Handy
The Atlantic market remains unchanged. USG-Feast rates were around USD 19k. Little change from last week in the Pacific, fewer stems and tonnage increasing in the Indian Ocean and Feast. Supras in South/mid China are around USD 8k, 500 bucks more for nickel ore trips. Vessels at Japan for nopac trips should also get around USD 8k. Vessels at EC India are getting Usd 6.5k, S.Africa paying more with a 56k dwt del Tuticorin getting USD 9. 5k for a trip to India/Japan range. A spot 58k dwt vessel del Dalian was fixed for 4/6 mos period for USD 9800.
Panamax
Even though temperatures leaves little impression of an approaching summer (at least in Oslo) the rates certainly are. The week started off on a very quiet note with little fresh business entering the market. The growing list of end May positions in the Atlantic has caused rates to slip with about 28.5% decline since last week. TA´s are now being fixed in region of USD mid/high 7´s with exception of some trades giving premiums at above 8k. In the Pacific we see the same trend with rates sliding for all trades and rounds are being fixed at USD very low 6´s. South American grain business still pays healthy but with approximately 300 Panamax ships laying in that area we expect these rates to slide as well. Presently fronthauls are paying around USD 14k bss Continent delivery. With Copenhagen Shipbroker dinner approaching, we expect the remainder of the week to continue on a slow note.
Capesize
Perhaps a slight increase in enquiry this week, which has resulted in a slight uptick at the time of writing, both in the physical and paper market. As per usual, West Australia has been actively fixed, with the miners, traders and steel mills alike all active in taking ships for June dates, with rates varying between USD 7.05 and 7.35 PMT. An increased number of Brazil/China fixtures are always welcome, however this has had little impact on the C3 index to date - which remains at mid 17 PMT levels. Whilst the average 4TC number remains at about USD 5100, increased FH activity should keep this from falling and help to ease the tonnage surplus in the Atlantic basin.
Source:Fearnresearch
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- Heidelberg Cement - Germany
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Planning Commission, India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- White Energy Company Limited
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- The University of Queensland
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
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