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Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit firm with owners asking high numbers which is resisting chrtrs to move. Indo-India is now been fixed around USD 12k bss Singapore position. WCIChina was bit busy with cargoes like salt, grains, and iron ore, and rates were around USD 11k whereas ECI-China was quiet and rates were 6k respectively. RBCT rounds fixed at USD 9k + 300k BB. Short period rate for large eco Supra was around USD 9k.
Panamax
It has been a busy week in the Panamax market. The Atlantic is experiencing a moderate and much awaited lift. Few early ships available have pushed the market up to as much as USD 12k for vessels in good positions. Some of the credit for this stronger market must go to the ECSA grain season still going strong and continue to absorb vessels from the Atlantic and from the Pacific as well. Fronthaul now goes around USD 17.5-18k daily. We see more mixed signals in the Pacific, with some players being negative, but still the fixtures that are done are improving slowly and have now reached around USD 9-10k for rounds. The short period market has been active. A short period with delivery and redelivery in Atlantic now pay more than 10k and same for Pacific just tick below 10k.
Capesize
As we head further into Q2, everyone is hoping that Cape rates will begin to firm up, having put behind us a cyclone season in Australia, and a very poor Q1 out of Brazil (volume wise). However, the paper market suggests otherwise and the front end of the curve continues to converge toward today’s weak spot rate May and June 4TC contracts have lost USD 1200 and 900 w-o-w respectively. Chinese GDP growth figures for Q1 were slightly softer than expected at 7.7%, however it seems that the current Cape market is plagued more by oversupply and weak tonne-mile demand than Chinese industrial indicators. West Australia remains by far the most actively fixed route, however rates remain stagnant at the 7.25 PMT mark, with 10c higher being achieved for tighter positions. This week we have seen a number of big players pick up longer term period deals amidst a slightly more bearish outlook rates of around USD 14k per day for durations between 2 and 3 years have been concluded.
Source: Fearnresearch
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Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
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- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- White Energy Company Limited
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
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