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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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Friday, 28 June 13
U.S. PRODUCED 1.52 PERCENT LESS COAL WEEK ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.40 million short tons (mmst) of ...
Thursday, 27 June 13
US COAL EXPORTS BEATS CHINESE COAL IMPORTS AS THE MOST INFLUENTIAL COAL TRADE - BIMCO
The influence of American coal exports on seaborne transportation has grown significantly over the past decade. In 2002, the US exported 20.1 millio ...
Thursday, 27 June 13
HANDY : USD 12000 FOR SPOT COAL INDO/CHINA AND AROUND USD 13000 INDO/ECI - FEARNLEYS
Handy
Atlantic rates hold well. Continent to Far East is worth more than USD 14k daily whilst USG to Far East pay 23/24k a day. On the route from B ...
Thursday, 27 June 13
DRY BULK CARRIERS DOMINATE NEWBUILDING ORDERS AS SHIP OWNERS ARE ENCOURAGED BY LATEST FREIGHT RATE RALLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders for dry bulk carriers were already high, compared to last year, prior to the latest rally of the Baltic Dry Index (BDI), which ha ...
Tuesday, 25 June 13
CAPESIZE MARKET TO REMAIN BULLISH SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been experiencing its long-awaited rally, with the Baltic Dry Index, the industry's benchmark rising to healthier levels fo ...
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- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Deloitte Consulting - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
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