We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 26 October 13
DRY BULK MARKET KEEPS ON RETREATING, BUT NEW BUILDING ORDERS KEEP ON PILING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market kept on retreating this week, with the industry's benchmark, the Baltic Dry Index (BDI) falling to 1,708 points, down 78 on the day, on the back of lower demand for Capesizes. The Baltic Capesize Index was down by 168 points yesterday to 2,775 points, while a lower fall was evident in the Panamax market, with the Baltic Panamax Index retreating by 51 points to 1,959. Smaller ship types though were a bit higher yesterday, which could be a sign of improved sentiment.
According to the latest report from shipbroker Fearnleys, commenting on the Capesize market, it noted that "Brazil remains absent from the spot market and the West Australia demand has slowed somewhat. As such, there has been little support for the big ships this week and rates have tumbled. West Australia rates have come off $1 w-o-w, with USD 9.75 PMT reported fixed at the time of writing. The T/A index has also taken a notable hit and has lost USD 6000 w-o-w, with a lack of fresh fronthaul enquiry causing an inevitable build-up of tonnage in the Atlantic basin. The weaker Q4 outlook has been echoed on the paper side, with November FFA contracts in particular taking a massive hit, losing USD 8k w-o-w and currently market at around USD 22k. Short period rates are falling as a result, although little has been reported fixed", Fearnleys said.
On the Panamax front, the shipbroker mentioned that "with plenty of major players in Berlin for the Coal Trans conference and lack of fresh cargo in the market, we have seen rates slip across both hemispheres this week. It seems that the Chinese has halted their re-stocking of iron ore for now as the rally we have experienced the last month seems to have come to a halt. TA´s are now paying around 18k while for the shorter Baltic/Murmansk runs owners are fetching low 20´s (from high 20´s end of last week). In the Pacific the rounds are now fixing low teens. The period market is less active with takers withdrawing because of the uncertainty for the short term market", it stated.
Finally, on the Handy markets, Fearnleys said that "we were back from holidays but still not much enquiries in the market. Overall future direction is uncertain. Currently, ships passing Singapore for coal to India talking around USD 15-16k and few discount for trip to China. ECI/WCI/MEG/South Africa remain same", the shipbroker concluded.
Meanwhile, on the new building market this past week, Clarkson Hellas said that "this week’s ordering has been spread evening across the sizes ranging from Newcastlemax down to Handysize, and with yards in China, Japan & Korea all receiving orders in the dry sector. Starting with the largest sizes and Polaris Shipping are understood to have contracted one firm plus one option 208,000 DWT Newcastlemax at Daehan, with delivery of the firm vessel in the first quarter of 2016, and option in the second quarter if declared. Further ordering at one of China’s most experienced yards in the Capesize sector, with SWS taking an order for four firm 180,000 DWT Capesize from Zhejiang Herun Group. Pricing is understood to be in the region USD 54 Mill, with delivery of all four vessels in 2016. At Tsuneishi Zhoushan, Santoku Senpaku are understood to have placed an order for three firm 82,000 DWT Kamsarmax, with long term charter to SwissMarine. The first two vessels are due for delivery in 2015 with the final vessel in 2016. The same owner has reportedly also placed an order for two firm 77,000 DWT Panamax at Sasebo. With the order understood to have been placed earlier this summer, the two vessels are due for delivery in 2015, and both lined up for charter to Rio Tinto. In the smaller sizes China Navigation (CNCo) have continued their ordering in the Handysize section having announced an order for four firm 39,500 DWT Handysize bulkers at Zhejiang Ouhua, with delivery split between 2015 and 2016.", the shipbroker noted.
It also said that "there was some activity to report in the container sector this month, starting with Rickmers reportedly placing an order for two firm 5,400 TEU container carriers at Hanjin Subic. These wide beam post panamax vessels are understood to be the 9th and 10th in the series, with delivery in the second quarter of 2015. Taizhou Sanfu are also understood to have taken an order for ten general cargo/MPP vessels from Quanzhou Ansheng Shipping, each with a container capacity of 2,400 TEU. Delivery of these vessels is to be split between 2015 and 2016.
In other sectors Scorpio Tankers have contracted two firm 84,000 CBM LPG carriers at Hyundai Samho. Pricing is in the region USD 75 Mill with delivery of both vessels in the first quarter of 2016. Finally, EMS AG are reported to have placed an order for a single 4,000 GT Passenger/Cargo vessel at Fassmer Werft. The vessel, which is due for delivery in April 2015, will be LNG fuelled with a price in the region EURO 30 million", Clarkson Hellas concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 09 December 13
SOUTH AFRICA'S RICHARDS BAY COAL EXPORTS IN NOVEMBER DECLINED 14.43% M-M
COALspot.com: South Africa's Richards Bay coal terminal exported 6.224 million tonnes of coal in November, declining by 1.05 million tons from the ...
Monday, 09 December 13
SUB-BIT INDONESIA COAL SWAP FOR Q3' 14 DELIVERY CLOSED $ 0.57 LESSER THAN Q1 CLOSING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 1.49 pmt month on month on Friday 6 Decembe ...
Sunday, 08 December 13
SOUTH CHINA COAL SWAPS SHOW A DECLINE TREND IN Q2 & Q3' 14
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 6.76 percept month on month as on Friday 6 December 2013. T ...
Sunday, 08 December 13
RBCT SHIPPED 63.446 MMT OF COALS YTD
COALspot.com - Richards Bay Coal Terminal (RBCT), the world's single largest coal terminal has shipped 63,446,232 mt of coals YTD, according to por ...
Saturday, 07 December 13
SUPRAMAX SHIPS FOR EC INDIA TO CHINA ROUTE BEING FIXED AT AROUND US$ 13K - SOLYM
COALspot.com: The freight market continued to be firm due to high Iron ore demand. The cape index was up by almost 25 pct this week. The grain seaso ...
|
|
|
Showing 3966 to 3970 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Planning Commission, India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
|
| |
| |
|
