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Thursday, 10 October 13
SEVERAL PANAMAX FIXTURES FOR 1 YEAR TC HAVE BEEN REPORTED AROUND $13.5K/DAY - FEARNRESEARCH
Handy
The market is not much fancy as several holidays in the Far East last week. Tonnage side seems tight in SE Asia but there are many of them in N.China. Some owners and chrtr were hesitating to fix as they not so sure in freight trend. Ship passing Singapore fixed for trip via Indo/China around USD 15k. Another spot one for Indo/India at around USD 18k and a 55k dwt vessel spot in Japan gone for 3/5mos WW at USD 12k.
Panamax
The Panamax market has kept its momentum going over the last week. After the Chinese came back from holidays we saw more demand especially in the Pacific basin where Panamaxes now get around USD 19k/day for round trips, this is up USD 2-3k/day over the last week. The Atlantic market is somewhat more quiet, but the demand is strong and tonnage lists short, so rates keeps pushing up. Ships in good position on the north Continent can get around USD 18/19k/day for round trips, but on average the Atlantic round trip pay around USD 17k/day. The fronthaul market is also strong; several fixtures have been reported close to USD 30k/day. With this strong market also the period market is active, several fixtures for 1 year tc have been reported around 13500/day. This is the highest period market so far this year. Though right now the FFA market is coming down a bit, so let´s see over the next week if this is a sign of being at the top or if it is only a small correction.
Capesize
The week began on a firm note. Rates on the major C5 W. Australia route pushing upward and the major miners active in taking ships for mid Oct. On Tuesday it appeared as if rates on this route would pass the $14 PMT mark, however, a quiet day gave way to a minor correction on Wednesday, with 20-30 Oct dates covered between $12.50 and $13 PMT at time of writing. The drop was largely influenced by a sell off on the paper. The week´s gains witnessed on Q4 FFA contracts have come off somewhat, with Q4 at time of writing trading below the $30k mark. However, with the iron ore price holding firm at $132 PMT, many are of the opinion that market fundamentals remain positive and there is still more Chinese restocking activity to come. It´s been a topsy-turvy week on the deferred contracts, with Cal 14 pushing up to $18.5k before retreating down to about $17k at time of writing. As such, with little period activity reported, it is difficult to determine where value is for 1-2 year period deals.
Source: Fearnleys AS
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Friday, 19 July 13
U.S.COAL PRODUCTION TOTALED APPROXIMATELY 19.60 MMST WEEK ENDED JULY 13
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.60 million short tons (mmst) of ...
Friday, 19 July 13
TNPL IS LOOKING FOR 300 K MT OF 6000 GAD COAL FOR FIVE MONTH
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 5 shipments about 60,0 ...
Thursday, 18 July 13
3RD ANNUAL FLOATING TERMINALS, INDONESIA
Commercial applications for offshore transshipment facilities
Floating Terminal solutions are increasingly being deployed by miners, independent ...
Thursday, 18 July 13
THE CAPE MARKET APPEARS TO BE HOLDING FIRM - FEARNLEYS AS
Handy
In the Pacific, market maintained similar levels during the week. There is several Indo coal orders in the market, ships passing Singapore fi ...
Thursday, 18 July 13
DRY BULK MARKETS RETAINS RECENT GAINS, MOVES SIDEWAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept on moving sideways this week, as evidenced by the latest trends of the industry's benchmark, the Baltic Dry Index (BDI ...
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- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
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