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Thursday, 17 October 13
CAPESIZE: RATES ARE AGAIN MOVING UPWARDS - FEARNRESEARCH
Handy
Activities were obviously slowed down in the Pacific basin. There were only few coal movements which fixed around USD 15-16k for ships in Singapore via Indo to China also ECI. Nopac round were fixed mid USD 12k and around USD 12k for short period. There were several public holidays so just limited fresh inquiries in the market this week. While there are a hundred of ships expected to open in north China. ECI lack of cargoes there for vessels are ballasting to Spore more. However, have seen S. Africa coming firm with rate over 10k+400k gbb for trip to Feast.
Panamax
Some holidays early week led to low activity with a firm undertone in the Atlantic and slightly negative trend in the Eastern Hemisphere. Charterers have had to pay up for prompt orders in the North Atlantic, from 18k and even well above 20k for short runs, whereas regular T/A´s from Med hovers in the 18k range. The Atlantic still seems to be tight for tonnage with a fair flow of requirements to be covered before the winter season kicks in. Fronthaul fixtures at very high 20´s. A bigger spread on levels in the Far East as most players where in a standoff mode early in the week. Rounds done from 15k up to 20k depending on duration, spec´s and delivery. Nopac rounds falling from 17k mid-week. Period business limited, but supported by a gradually positive forward curve 1-year has been concluded at 13k delivery Far East and well above 16 with Atlantic delivery.
Capesize
A slow start to the week with holidays around in Far East, but in spite of this, rates are again moving upwards. West Australia to China, having been the main driver in the Pacific market for some time now, is presently in mid/ upper 11s. Fronthaul is more or less none existing and back haul cargoes can be developed, but not at rates attractive to owners time being. Period market is not too active, as owners remain optimistic expecting rates to improve further and rates their ships accordingly.
Source: Fearnresearch
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Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
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- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
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- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
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- Economic Council, Georgia
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- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
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- Eastern Coal Council - USA
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- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
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- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
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- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- White Energy Company Limited
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- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Aditya Birla Group - India
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- Merrill Lynch Commodities Europe
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- Sindya Power Generating Company Private Ltd
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- The State Trading Corporation of India Ltd
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- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
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- Coalindo Energy - Indonesia
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- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
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- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Wilmar Investment Holdings
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- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
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- Indian Energy Exchange, India
- Indogreen Group - Indonesia
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- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Australian Coal Association
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- Romanian Commodities Exchange
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- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
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- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
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- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
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- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
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- The Treasury - Australian Government
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- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
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- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
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- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
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