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Thursday, 21 November 13
CAPESIZE : THE DOWNWARD TREND HAS TURNED INTO NOTABLE SPOT AND PERIOD IMPROVEMENT - FEARNLEYS
Handy
The Atlantic market experienced a general rate increase for most trades this week. More cargoes in the market and chrts looking for prompt tonnage to cover their USG loadings had a tough time getting cvrd. In the eastern hemisphere the rates have remained firm this week. Supported by large volume on Indo nickel ore and bauxite, rates have been reported at around USD 17/18k levels. The bauxite trade is largely affected by the new export tax being implemented in 2014 which will most likely slow down the volume for same. Indo/India runs are being rated in the mid teens by ships open N.China and same levels for NoPac rounds. Short periods are being fixed in region of USD 12-13k.
Panamax
The Panamax rates dropped in both hemispheres this week. With a slow demand and vessels being ballasted from Pacific into the USG, rates continue to drop for December loading. Spot rates at around USD 50pmt for USG/China vs a January stem being fixed at USD 46pmt this week shows little faith in Q1. Although FFA values are trading up at time of writing, it would seem this is a consequence of the bigger Capes experiencing a firming tendency. TA´s are now being fixed in region of 10/11k depending on delivery while Pac rounds are being fixed in the 9´s. The period market is more or less none existing although one LME got fixed for 1 year at USD 11,300 for Feast delivery.
Capesize
Triggered by healthy far east demand and improving FFA levels – and nothing else - the downward trend has turned into notable spot and period improvement. Due to sudden need for early loaders on the WAust/China ore trade, values of Far East rounds have jumped almost 10% to come in at usd 19k. Although at smaller scale, a similar situation for pacific coal trades has contributed to stop a negative spiral and maintain average earnings flat at just under usd 19k w-o-w. Atlantic is best described as uncertain, and increased cargo volume in this area is badly needed for any further general improvement to happen. Although little actually concluded, period levels are up on average some usd 750/day on back of paper improvement.
source: Fearnresearch
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Wednesday, 18 December 13
DEMOLITION ACTIVITY SCALED BACK AS FREIGHT RATES RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's always been the case that each time we witness a spike in freight rates, demolition activity is decreasing, as owners are looking for more car ...
Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK
COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 ...
Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013 ...
Monday, 16 December 13
API 8 CFR SOUTH CHINA COAL Q3' 14 DELIVERY PRICE CLOSED $1.63 LESSER THAN Q1' 14 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 5.34 percept month on month as on Friday 13 December 2013. ...
Sunday, 15 December 13
SUPRAMAX'S FREIGHT RALLY COMES TO AN END THIS WEEK
COALspot.com: The BDI was up by 7 pct closing at 2,330 points week on week and the cape index was also up by 10.51 points and closed at 4,246 points ...
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- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- PTC India Limited - India
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- MS Steel International - UAE
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
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