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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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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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- Bukit Baiduri Energy - Indonesia
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- Renaissance Capital - South Africa
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- Ministry of Transport, Egypt
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- Coal and Oil Company - UAE
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- Directorate General of MIneral and Coal - Indonesia
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- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
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- Ambuja Cements Ltd - India
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- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
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- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
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- Anglo American - United Kingdom
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- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
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- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
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- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
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- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
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- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
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- White Energy Company Limited
- Altura Mining Limited, Indonesia
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- Chamber of Mines of South Africa
- Wilmar Investment Holdings
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- Australian Coal Association
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- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
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- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
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