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Thursday, 29 November 12
PANAMAX : A FAIRLY STEADY MARKET WITH USD 8.5-9K/DAY FOR 2 LADEN LEGS IN ATLANTIC - FEARNLEYS
Handy
The Atlantic market continues to remain quiet due to more supply of ships. Rates from USG to Far East were around USD 18k and Black Sea to Far east about USD 10k. USG-Skaw/Passero rates are around USD 12k. The Pacific market remained firm with increased cargoes. For Indo-India, large eco Supra now fixed at USD 14k for delivery Singapore. Nopac also fixed bss APS at USD 9k + BB USD 325k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 5k and ECI-China around USD 4k. RBCT rv fixed at APS USD 8500 + BB USD 300k. Red Sea fertilizers to India are mid/high teens. Not much activity seen on short period and rates around USD 9500 for large Supra
Panamax
A Fairly steady market with USD 8.5-9k/day for 2 laden legs in Atlantic. Owners seek long duration to secure a decent income over the coming holidays. A premium for shorter rounds, illustrated by a post Panamax fixed USD 9.5k for Murmansk/Rdam run. Short period deals in Atlantic, with worldwide redelivery, done around USD 12-12.5k/day. These high levels achieved due to a decent fronthaul market which has hovered around USD 14-15k/day. Standard LME achieved 18k for B sea/China whilst ECSA business pay 9k bss delivery WCI also on LME. In the F. East levels are stable, but does not show much inclination to increase further; 8-8.5k done for E. Aussie/China runs, whilst around 9.5k done for W. Aussie/China. With vessels opening N. China growing in numbers we expect rates to decline in the forthcoming weeks. Kamsarmax fixing 8.5k bss delivery N. China for a trip via Nopac to Spore-Jpn range. For period 4-6 mos should pay around mid/high USD 7k/day range.
Capesize
Busy in the Pacific with a good number of fixtures from West Australia to China by the major miners, however frt rates just slightly improved from low 8s to 8.75. Fronthaul remains inactive with a good number of ballasters but hardly any cargoes for Tubarao/Qingdao, and Vale keeping quiet. The Atlantic is still well balanced and rates keeping steady in spite of low activity.
Source: Fearnresearch
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Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...
Friday, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...
Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...
Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy
The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...
Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...
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- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
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