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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 Baltic to SAM owners are asking for USD 6/7k a day, but needless to say just for 1st 35/40 days, if longer duration charterers need to pay around 11.5/12.5k daily. Average of TC routes stays at healthy USD 985 level. There was a little improvement in the Feast market but the prompt requirements got fixed and it became quiet again. Vessels in Singapore were asking around USD 12k for spot coal Indo/China and around USD 13k Indo/ECI. Nickel ore charterers paid around USD 11k for dop S.China RV. There appears to be a large number of vessels open in ECI during the next two weeks while India ingeneral remains inactive. Some vessels open India might try to do a trip via S.Africa to Feast where vessels have been fixed at USD 9k + USD 350 GBB.
Panamax
It is encouraging to see a more active start to the summer season than last year, especially in the Atlantic where the market has been picking up over the last week. We see more trans-Atlantic cargoes coming out and we see more and more charterers having to pay up to cover their requirements. The trans-Atlantic round now pays around USD 10k daily, up around 2k compared to last week. On the contrary the activity and fixing levels in the Pacific basin have stayed low where the round voyage pays around USD 6k daily. The fronthaul market has also continued the positive trend, helped by the East Coast South America that is still shipping grains at a steady and high pace. An ECSA fronthaul now pay around USD 15000 + 500k bb. The period market has been slow lately, 1-year TC is still below 8k, showing us that players fear a bad summer market.
Capesize
This has been another active week with the Baltic 4tc average up USD 3500 in one week. West Australian iron ore has been one of the main drivers with healthy supply, however heavy rain resulted in closed loading facilities beginning of this week. It did not however have a great impact to the overall supply/demand as East coast Australia, Saldanha, and Richards Bay remained active, as well as the Atlantic was taking over as the main driver with a tight tonnage balance. Finally, excess USD 20 PMT was fixed for Tubarao/Qingdao, after months trading in the upper teens. Going towards the end of the week, it still looks positive for this segment.
Source: Fearnleys
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Monday, 24 June 13
INDONESIA COAL SWAP FOR AUGUST 2013 DELIVERY GAINS WEEK ON WEEK
COALspot.com – Coal prices for immediate supply contracts have started moving up, but prices for next year supply shows a negative trend ...
Sunday, 23 June 13
BDI CROSSED ITS PSYCHOLOGICAL BARRIER THIS WEEK - VISTAAR
COALspot.com : The BDI crossed the psychological barrier of 1000 points after many months and closed at 1,027 points, which were up by 14.11 pct wee ...
Sunday, 23 June 13
SHIP PRICES NOT FOLLOWING FREIGHT MARKET FUNDAMENTALS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although it's been the case in many occasions in the past, it appears that ship prices haven't been quite following freight market fundamentals, i ...
Friday, 21 June 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 19.70 million short tons (mmst) of ...
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 f ...
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- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
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- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
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