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Thursday, 13 June 13
HANDY: SHORT PERIOD WERE FIXED AT AROUND USD 9000 LEVEL
Handy
Despite falling rates for bigger sizes, the Supras in Atlantic are seeing some improvements with fresh biz. US Gulf positions fetching tick above USD 20k for Skaw/Passero redel, while tonnage with Cont del hovering at USD 4000 for TA´s. Cont/Feast fixing at USD 13700ish. Little activity in Feast and even less biz around due to the holidays in China and Hong Kong. The rates remain low, Supras open Singapore trading around 10k for trips to China. SE Asia rounds were fixed at around $5-7k and NOPAC rounds at 7-8k. Short period were fixed at around USD 9k level. India remains also quiet, for trips from Red Sea to India owners asking mid teens.
Panamax
After recent week´s rate decline in both hemispheres we saw this week start up on a more positive note. It is more activity in the Atlantic and rates seems to have found its bottom at least for now. The levels we see are still weak as the tonnage list still absorbs the fresh cargoes. fronthauls from Baltic paying in the mig high 12´s. In South America we still see a steady flow of grain cargoes, keeping the rate levels somewhat stable at around USD 14k + 400 while the regular TArvs are being fixed in region of USD 8k. In the Pacific we see rates pending on 5.5-6k on less activity during Chinese holidays. A kamsarmax was fixed very short 2/4 months del Feast below 6k, otherwise limited period reported.
Capesize
With increasing cargo flows from Brazil combined with otherwise generally steady coal/ore activity worldwide, uncertainty regarding workability of a high number of STX-vessels following its recent collapse AND considerable Q3 paper buying interest from major players, this segment is seeing significant spot improvement. From admittedly very low levels, daily average earnings are up in excess of 20% to come in at USD 6300 - transatlantic trades standing out with a remarkable 40% improvement w-o-w due to improving coal flows. Period activity has been limited but is expected to increase as FFA´s tick up.
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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