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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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Sunday, 19 May 13
COAL PRICES ARE SLUMPING DUE TO WEAK DEMAND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.03 percent and API 8 CFR South China Coal shipment g ...
Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down.
The BDI, the Baltic Dry Index is a number issued daily by th ...
Friday, 17 May 13
US COAL PRODUCTION CLIMBED 3.35 PER CENT WEEK ON WEEK
COALspot.com - U.S. produced totaled approximately 18.50 million short tons (mmst) in a week (For the week ended May 11, 2013), EIA said in its late ...
Thursday, 16 May 13
PANAMAX: THE FORWARD CURVE IS FALLING GRADUALLY - FEARNRESEARCH
Handy
The Atlantic market remained quiet. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The Pacific market remained uncertain as ...
Tuesday, 14 May 13
KALIMANTAN COAL
Press Release : After a very successful conference in 2012, the second annual event will address latest market developments and address the future p ...
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- PNOC Exploration Corporation - Philippines
- The University of Queensland
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- Timah Investasi Mineral - Indoneisa
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- The State Trading Corporation of India Ltd
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- Planning Commission, India
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- Tamil Nadu electricity Board
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- Bangladesh Power Developement Board
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- Minerals Council of Australia
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- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
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- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
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- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Wilmar Investment Holdings
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- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Indonesian Coal Mining Association
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- Tata Chemicals Ltd - India
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- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
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- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
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- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
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- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
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- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
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- Formosa Plastics Group - Taiwan
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- Ministry of Finance - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
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