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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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Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...
Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.18 percent week on week and 0.03 percent ...
Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013.
The Cape ...
Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...
Thursday, 30 May 13
HANDY: RBCT ROUND WAS AROUND USD 9K + 300 BB - FEARNRESEARCH
Handy
THE Atlantic market remained flat. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market remained quiet with no ...
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- Renaissance Capital - South Africa
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- Chamber of Mines of South Africa
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- Larsen & Toubro Limited - India
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- Coal and Oil Company - UAE
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- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
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- IHS Mccloskey Coal Group - USA
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- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
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- Wilmar Investment Holdings
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- London Commodity Brokers - England
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Australian Coal Association
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- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
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- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
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- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Planning Commission, India
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Toyota Tsusho Corporation, Japan
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- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
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- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Indian Oil Corporation Limited
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- Energy Link Ltd, New Zealand
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- Straits Asia Resources Limited - Singapore
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- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
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- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
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- Indonesian Coal Mining Association
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- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
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- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
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- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
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