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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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Wednesday, 27 November 13
SHIP OWNERS ONCE AGAIN TURN TO DRY BULK CARRIERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners once again turned to more dry bulk carrier ordering over the course of the past week, as more and more appear convinced of the industry ...
Tuesday, 26 November 13
EWP INVITES COAL BIDS FOR 2014 - 2018 DELIVERIES
COALspot.com: Korea East-West Power Co. Ltd (EWP) invited bids to supply 130,000MT of min 5,600kcal/kg (Sub)-bituminous Coal on NCV basis for March ...
Tuesday, 26 November 13
NEWCASTLE COAL EXPORTS SLIP 22.62% W-W
COALspot.com: In the week ended November 25, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.26 ...
Monday, 25 November 13
THE SUB-BIT INDONESIA COAL SWAP MOVEMENT IN YEAR 2014 IS STILL FAR FROM PROMISING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 2.54 pmt month on month on Friday 22 Novemb ...
Sunday, 24 November 13
CFR SOUTH CHINA COAL SWAPS FOR Q4' 14 DELIVERY PRICE SHOWS A NEGATIVE TREND WEEK ON WEEK AND FLAT ON D-D
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.13 percept d-d on Friday 22 November 2013. The CFR South ...
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- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
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- Meralco Power Generation, Philippines
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- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
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- Petron Corporation, Philippines
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- Metalloyd Limited - United Kingdom
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- The University of Queensland
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- Energy Development Corp, Philippines
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- Minerals Council of Australia
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- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
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- Ministry of Finance - Indonesia
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- India Bulls Power Limited - India
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- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
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- Bhushan Steel Limited - India
- Australian Coal Association
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- Price Waterhouse Coopers - Russia
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- The Treasury - Australian Government
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- Videocon Industries ltd - India
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- Neyveli Lignite Corporation Ltd, - India
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- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
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- Bulk Trading Sa - Switzerland
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- Chamber of Mines of South Africa
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- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
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- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Planning Commission, India
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- Parliament of New Zealand
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- Bukit Makmur.PT - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
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- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
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- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
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- New Zealand Coal & Carbon
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- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
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- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
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