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Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy
Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates are around USD 12k. Pacific market getting softer with less cargoes seen in market. For Indo-India, large eco Supra now fixed at USD 11k for delivery Singapore. Nopac also fixed bss APS at USD 7000 + BB USD 325k. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 6000 and ECI-China around USD 4000. RBCT rv fixed at APS USD 8500 + BB USD 300k. Red Sea fertilisers to India are mid/ high teens. Not much activity seen on short period and rates around USD 9500 for large Supra.
Panamax
This week we see less activity in the Panamax market. In the Atlantic basin the market has been weaker but so far fearly balanced. Ships still fetch around USD 9-10k for round voyages and about the same if they commit to slightly longer duration by fixing 2/3 laden legs redelivery Atlantic. The forward curve is on the weak note as owners that wish to fix forward positions need to accept a discount. The fronthaul market remains pretty inactive, but we have seen ships fixing around USD 14-16k depending on duration. In the Pacific the market is dropping. Here we see more and more spot ships struggling to find employment while rates are down to around 6000 dollars per day for Pacific rounds. Owners can now get better money for periods than for short trips as 1 year TC now pays around USD 7500.
Capesize
The negative trend continues and accelerates as X-mas doldrums appear to be setting in early. Down 45% w-o-w, spot levels for Capes now barely cover opex at USD 7500/day. As number of ballasters keeps growing and in particular iron ore trades keep reflecting slowing Chinese growth, no immediate stabilization or improvement can be expected. FFAs, and consequently period rates, have dropped to such an extent – theoretical consensus being around USD 9k for 12 months - that focus is shifting towards index-linked structures.
Source: Fearnleys
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Sunday, 06 January 13
FREIGHT MARKET REMAINED FAIRLY STEADY - VISTAAR
WISH YOU ALL HAPPY NEW YEAR
COALspot.com - The freight market remained fairly steady in spite of Christmas / New Year Holidays. The BDI was almos ...
Saturday, 05 January 13
THE SHIPPING MARKET IN 2012 AND LOOKING FORWARD - BIMCO
Global Economy: Things will go up from here
The global economy continues to grow, albeit at a slower pace than previous years. The slower economic ...
Friday, 04 January 13
DRY BULK MARKET LOOKING FOR DIRECTION IN FIRST TRADING DAYS OF THE NEW YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is actively looking for its footing at the start of the New Year, as charters have been scarce, as is usually the case during th ...
Thursday, 03 January 13
INDONESIAN SUB-BITUMINOUS COAL SWAPS CLOSED US$ 6.86 HIGHER FOR 2014 DELIVERY
COALspot.com - Swaps prices were changed positively for thermal coal for loading in the first quarter from Indonesia, according to SGX AsiaClear OTC ...
Thursday, 03 January 13
SUPRMAX FREIGHT RATE FROM RED SEA / INDIA IS AROUND MID TEENS - FEARNLEYS
Fearnleys in its weekly report said that, Indian market was very quiet in respect of export of iron ore. For Indo-India trip Supra rate was hovering ...
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- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
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