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Thursday, 20 June 13
CAPESIZE : FINALLY A SUBSTANTIAL IMPROVEMENT IN RATES! - FEARNLEYS A.S
Handy
Atlantic market kept a steady curve from last week. US Gulf positions fetched tick above USD 21k for Cont/Skaw direction, and vessels fixed for direction US Gulf were only paid USD 4k. Fronthauls ex Cont fixed close to USD 14k. Feast market was fairly quiet but started to pick up Tuesday. Few Indo/India and Indo/S.China coal orders in the market running spot. Passing Singapore Supras trading at USD 11-12k. For Nopac rounds vessels have been fixed at mid USD 8k. For ships open S.China owners aiming USD 9.5k for short period. For trips to W.Africa vessels open N.China/ Korea can get around USD 6k. Tonnage situation in South Africa is tight, vessel ballast down from India to get biz. Inter MEG/India able to achieve USD 8k.
Panamax
Last week we pointed out that the floor was found after several weeks of declining rates in both hemispheres. This week we saw an upturn in rates with fresh cargoes entering the market. Increased activity out of the USG and USEC with fresh coal cargoes causes rates to increase as the Northern part of Atlantic is tight for tonnage. The Fhaul market has improved somewhat and at time of writing (14500+450 GBB lvl) but still excess of 290 Panamaxes outside ECSA who will end back in the Pacific late summer. In the Pacific we see a marginal increase in rates with only limited improvements in activity. We believe the recent increase in rates is partly caused by tonnage being tied up for long voyages after the peak in grain season out of ECSA. Pac rounds are now being fixed at around USD 6250 which is a 12% increase w-o-w. The period market has also picked up a bit of activity with owners willing to give optional periods able to secure employment.
Capesize
Finally a substantial improvement in rates! The Atlantic has turned, with rates presently in excess of USD 10,000. In the Pacific low teens are being fixed for good ships. Tubarao/Qingdao on voyage are presently in the upper USD 18s pmt, with talks one fixture at USD 20 pmt! Optimism prevails and the present push seems well supported, in strong contrast to the market we have experienced over the past months.
Source: Fearnresearch
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Wednesday, 07 August 13
HANDIES : FINDING IT DIFFICULT TO SUSTAIN THEIR PREVIOUS LEVELS - KONSTANTINOS KONTOMICHIS
Broker's insight
by Konstantinos Kontomichis,
SnP Broker
Entering the most predictable month of the year, as expected the seasonal effects ha ...
Tuesday, 06 August 13
UNLEASHING SHALE GAS POTENTIAL AS A GLOBAL ENERGY GAME CHANGER
In its 4th year running, the Annual Shale Gas Conference will bring leaders from North American shale gas operators, key Asian regulators, multi ...
Tuesday, 06 August 13
GBCE APPOINTS BENJAMIN WILEY AS NEW MANAGING DIRECTOR
COALspot.com : GB Clean Energy Ltd. (GBCE) announced today that Mr. Benjamin Wiley has been appointed as Managing Director.
Mr. Wiley has ...
Tuesday, 06 August 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS FALL 23.16 PERCENT ON WEEK TO 2.26 MMT
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 15.8 percent week on week to 2.26 million mt for ...
Monday, 05 August 13
PAPERLESS TRADING (ELECTRONIC BILLS OF LADING) - FREQUENTLY ASKED QUESTIONS ("FAQS") - UK P&I CLUB
A number of Members have contacted the Club with queries regarding the use of electronic bills of lading and any potential consequences for P&I ...
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- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Minerals Council of Australia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
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