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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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Thursday, 07 March 13
PANAMAX : POSITIVE TREND; CAPESIZE : GRADUALLY SLIDE - FEARNLEYS AS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 22k and Black sea-feast was at USD 12k. The ...
Tuesday, 05 March 13
NEWCASTLE PORT SHIPPED 20.77 PERCENT MORE COAL W/E 4 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,631,562 MT of thermal and coking coal for a week ended 0700 hours 4 March 2013, Newcas ...
Sunday, 03 March 13
INDONESIAN THERMAL COAL SWAPS; CHINA CONTRACTS FALL W-O-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent and CFR South China coal shipment&nbs ...
Sunday, 03 March 13
FREIGHT MARKET FROM INDONESIA EXPECTED TO BE FIRM - VISTAAR
COALspot.com – The freight market has been fairly firm this week except for cape size index.
The BDI was up by 4.64 points closing at 776 p ...
Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced& ...
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- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Planning Commission, India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Australian Coal Association
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
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