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Thursday, 14 November 13
PANAMAX : MARKET SHOULD BE AROUND USD 11500 FOR 1 YEAR - FEARNLEYS AS
Handy
The Atlantic market has picked up this week with prompt ships able USG for November dates coming off and chrts need to pay up in order to cover their stems. Fhauls bss Cont-Med delivery are also seeing increased rates and we expect the Atlantic to continue its firming tendency into next week. After last week´s rate increase in the Feast we are now seeing the activity coming off. Owners with ships open in South China rating USD 13k for trips via Indonesia to India and charters are now looking to plan ahead and take in ships from North China in order to get the discounted rate. The better paying nickel ore rounds are being fixed in the mid-teens and the period market is picking up pace. Some owners would like to cover their positions over New Years and now starting to look for takers.
Panamax
This week started with a cold shower on the north Continent when suddenly ships fixed USD 12k for quick rounds down USD 3k from last Friday. We see quite a bit of fresh requirements, but a
long list of open ships makes sure that the market is still sliding down. For longer duration business in the Atlantic ships can still get around USD 14k. The fronthaul market is sliding together with
the rest of the market, but some players argue that the USG grain market will come back again before Christmas considering the record harvest season in the USA. Now ships fixed around USD
18+800k for trip via USG to China. The Pacific has kept on falling during this week. Now ships in north China get around 10k for round trips, with several fixtures already fixed at four digit numbers
as well. Not that many long period fixtures reported, but market should be around USD 11500 for 1 year.
Capesize
There are no signs of the rally which is still expected to happen before Christmas, however rates are rather keeping steady. Out of Brazil it appears Vale is picking ships quietly for Tubarao/Qingdao, where present level is mid 21s pmt. In the Pacific there have been a good number of West Australia fixtures however levels are still around USD 9.00 pmt. There is also a steady amount of East coast Australia cargoes, but not affecting rates in any positive direction. Demand for period ships is generally healthy, but with the mentioned expected rally owners are holding back.
Source: Fearnresearch
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Monday, 27 January 14
Q3 2014 SUB-BIT INDONESIA COAL SWAP LOST GROUND, ENDS AT $60 PMT
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost 2.29% pmt month on month on Friday 24 January 2014. Th ...
Sunday, 26 January 14
FREIGHT RATES FALL FURTHER ON LACK OF CARGOES - SOLYM CARRIERS
COALspot.com: The freight market has continued to soften further this week with BDI down by 12.31 pct. BDI was closed at 1,246 points week ended 24 ...
Friday, 24 January 14
US COAL PRODUCTION UP 3.9% ON WEEK IN WEEK ENDED SATURDAY - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.1 million short tons (mmst) of coal in ...
Friday, 24 January 14
DRY BULK MARKET STRUGGLING TO FIND FIRM FOOTING IN START OF 2014 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been faltering since the start of 2014, struggling to hold its ground as low seasonal demand has hindered further growth in ...
Thursday, 23 January 14
PANAMAX : THIS WEEK THE ACTIVITY CAME DOWN DRAMATICALLY - FEARNRESEARCH
Handy
With the Chinese New Year approaching the activity and rate levels are sliding in both hemispheres. Rates in the Atlantic have knocked off so ...
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- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
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- Altura Mining Limited, Indonesia
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- PTC India Limited - India
- Australian Coal Association
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- Wood Mackenzie - Singapore
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- Chamber of Mines of South Africa
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- White Energy Company Limited
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- Global Business Power Corporation, Philippines
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- Ministry of Transport, Egypt
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- Toyota Tsusho Corporation, Japan
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- ASAPP Information Group - India
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- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
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- Indian Oil Corporation Limited
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- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
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- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
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- Standard Chartered Bank - UAE
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- Bukit Baiduri Energy - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Electricity Authority, New Zealand
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- Asmin Koalindo Tuhup - Indonesia
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- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Tamil Nadu electricity Board
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- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
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- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Parliament of New Zealand
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- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
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- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
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- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
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- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
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