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Thursday, 07 November 13
HANDY : INDO/CHINA ROUNDS ARE SEEING BIDS AT AROUND $16K
Handy
In the Atlantic we have seen more activity this week with several fixtures being concluded at firm rates. USG/Feast been reported at 30k and from the USEC to Feast high 20´s has been achieved. With holidays in India and chrts having cvrd their prompt cargos for November again leading to a quiet week for the coal rounds in the Pacific. Indo/China rounds are seeing bids at around USD 16k meaning softening rates while the iron ore from EC India are being rated at around USD 11k. Period market is a bit slow but shorter periods are being concluded at reasonable levels.
Panamax
Despite some signs of a consolidation mid-week the negative trend from last week continues in both Hemispheres. Baltic rounds fixed at 16,500 and USG grain fronthaul at 53 pmt or 18k + 800k GBB APS. Some signs of increased activity in the Atlantic insufficient to meet the supply and rates hover around 14k generally. With some mixed opinions among the players a few chrtrs have fixed short period within the basin at around 15k+. In Far East volumes have been low in all regular trades with 11,500-12,000 as the prevailing level. However, it is worth to notice the very active Chinese coastal trade with levels up to 20k/day reducing supply. Hardly any movement in the period market as Q4 seems to loose its steam assisted by a gradually falling forward curve.
Capesize
Steady gains on the physical side coupled with paper volatility. The key West Australia/China route has gained close to USD 1.50 w-o-w. With all miners actively taking ships, time charter equivalent for Pacific routes now push north of USD 17k/day. Fronthaul and T/A rates have also rebounded following last week´s losses, with the conference trade Tubarao/Qingdao up USD 2.50 pmt w-o-w and coming in at USD 22 pmt. Daily average spot earnings stand at USD 20,500, up some 25% during the week. The market does, however, remain nervous, and FFA developments do little to give a clear direction. Consequent limited period activity, with assessed value of good 180k-tonners standing at some USD 17,500 for 12 months.
Source: Fearnresearch
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Monday, 11 February 13
NEWCASTLE PORT SHIPPED 23.01 PERCENT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,967,761 MT of thermal and coking coal for week ended 0700 hours 11 February 2013, Newc ...
Sunday, 10 February 13
INDONESIA SUB-BIT SWAPS: "UP" - CFR SOUTH CHINA SWAPS: "DOWN"
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.72 percent W-O-W and CFR South China coal shipme ...
Sunday, 10 February 13
DRY BULK OVERSUPPLY OF TONNAGE SEEN WANING IN THE COMING MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It seems that the tide could be shifting in the dry bulk market, in terms of tonnage oversupply, according to the latest data figures. This could ex ...
Sunday, 10 February 13
HIGHER BUNKER PRICE PUSHES SEA FREIGHTS FIRM - REDDY
COALspot.com - The freight market was soft and all at same levels with Chinese year holidays next week.
The BDI was slightly down by 0.27 pct ad ...
Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
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- Indo Tambangraya Megah - Indonesia
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- Altura Mining Limited, Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Electricity Authority, New Zealand
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- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
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- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
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- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
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- Indian Energy Exchange, India
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- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
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- Economic Council, Georgia
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- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
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- Coal and Oil Company - UAE
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- Petron Corporation, Philippines
- Tamil Nadu electricity Board
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- Singapore Mercantile Exchange
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- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Eastern Coal Council - USA
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- Standard Chartered Bank - UAE
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- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
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- The Treasury - Australian Government
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- Indian Oil Corporation Limited
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- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
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- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
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- Meenaskhi Energy Private Limited - India
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- Romanian Commodities Exchange
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- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
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- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
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- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
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- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
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- Medco Energi Mining Internasional
- The University of Queensland
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