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Thursday, 06 June 13
WE ARE SEEING SOME FRESH INDO COAL TO CHINA AND INDIA - FEARNRESEARCH
Handy
In the Atlantic, the Gulf remains firm for the next week with a few orders in the market. The Supramaxes are seeing around low 20k for fronthaul business. The WC India market has softened with few fixtures and this will continue for a while before the monsoon ending. We are seeing some fresh Indo coal to China/India. For Indo-India trips Supra rate is hovering between 11k/12k bss passing Singapore and around 9k for short period. Supras freight rate from Red Sea/India is around mid teens.
Panamax
Following a slow and nervous week the negative trend continues. The gatherings at NorShipping in Oslo by many European and international players did not boost rates caused by their social efforts. Some fresh T/A rounds with a few Charterers looking for 2-3 laden legs covering at about 8k+. However, rates for single rounds prove to be far less on voyage terms. Fronthaul is fragile around 12.5k with equivl BB for ballasters. In the Eastern Hemisphere a floor seems to be established in the 4k-5k range, after a considerable downturn lately. Despite some more activity, Owners hesitate to take the low paying Indo or Aussie business, perhaps not surprising when with levels under opex. Could it be the market has hit the basement floor? The period market is temporarily at rest with the huge gap from the forward curve to the asking levels from a few Ownes willing to relet short up to a year.
Capesize
Rates have remained under pressure throughout the week both in the Pacific and in the Atlantic. In the Pacific, iron ore out of west Australia has been slow, partly due to maintenance on RTS loading facilities in Port Walcott. The East coast coal has been steady, with rates around USD 8,000 for a round. In the Atlantic it is difficult to find employment, and there is a good number of ships drifting, awaiting the market to pick up. Period activity is low.
Source: Fearnresearch
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Deloitte Consulting - India
- Romanian Commodities Exchange
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indonesian Coal Mining Association
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- Coal and Oil Company - UAE
- London Commodity Brokers - England
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- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Central Java Power - Indonesia
- VISA Power Limited - India
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- PTC India Limited - India
- IEA Clean Coal Centre - UK
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- Goldman Sachs - Singapore
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- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
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- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Eastern Coal Council - USA
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- Ministry of Finance - Indonesia
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- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Economic Council, Georgia
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- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
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- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
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- Bangladesh Power Developement Board
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- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
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- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
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- Parry Sugars Refinery, India
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- Ministry of Mines - Canada
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- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
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- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
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- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
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- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
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- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
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- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
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- Xindia Steels Limited - India
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- Medco Energi Mining Internasional
- Minerals Council of Australia
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Marubeni Corporation - India
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