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Friday, 29 November 13
DRY BULK MARKET BACK ON HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is strengthening as a result of higher demand for Capesize vessels. The BDI (Baltic Dry Index) was up by 146 points yesterday, ending the session at 1,719. Capesize led the gains, with the Baltic Capesize Index rising by an impressive 352 points. Panamaxes were also on a high note, followed by smaller gains in the Supramax and Handy markets. In a report this week, shipbroker Intermodal said that market sentiment is already more positive as freight rates for the bigger size segments have started stabilizing, while those for Supras and Handies continue to climb.
In its latest weekly analysis, shipbroker Fearnleys commented on the Capesize market that "after dipping across the board, the spot trend has again reversed market appears better supported. West Australia/China rates have pushed north of USD 10 PMT again, and cargoes out of Brazil are more apparent. Whilst the Tubarao/China index remains flat w-o-w, increased volumes on this route are likely to result in improved levels shortly. Transatlantic activity remains limited in comparison. Paper has reflected the positive sentiment, with December contracts gaining $1200 w-o-w to present USD 19k, cal 14 gaining about $600-700 to come in at usd 17k. Period values for about 1 year on a good 180 dwt dely Far East vessel are currently valued between 17.5k and 18.5k per day, with the latter just being concluded for a period of 10-15 months".
Frontline 2012 Ltd. said yesterday that "according to the Baltic Exchange the average Capesize spot earnings in the third quarter of 2013 was $18,968/day compared to $6,214/day in the second quarter. According to Chinese official data iron ore imports to China increased from 200 million tons in the second quarter to 217 million tons in the third quarter of 2013. The coal imports increased from 69 million tons to 70 million tons in the same period.
According to Fearnley's the Capesize fleet (150-200'dwt) totaled 1,041 vessels at the end of the third quarter of 2013, an increase of five vessels from the previous quarter. The revised order book counted 103 vessels at the end of the third quarter, compared with 95 vessels the previous quarter, representing 9.9 percent of the Capesize fleet", the ship owner noted.
In the Panamax market, according to Fearnleys, "the week started as the last one ended, in a slow pace. Atlantic basin appears to be stronger with expectations from Owners for a firmer market, however charterers have been reluctant to pay up to cover their requirements. Short Baltic rounds paying in the region of 13-14k while trans Atlantic paying 12-13-ish. For front haul owners obtaining healthy 23-24 k via USG or 18+ 850 GBB. From midweek we have seen more fresh cargoes in both Hemispheres indicating a positive trend. Pacific rounds paying arnd 12-13 k, tick less for NOPAC. Most probably we will se a firmer trend for the coming week before market again slows down. Period market not very active lately but 11-13 months and similar periods paying in the 11,750 region".
Finally, in the Handy markets, the shipbroker mentioned that "we experienced a firming market in the Atlantic this week. Chrts looking for prompt ships able to cover their end November stems have to pay up as the tonnage list is scares. Trips from USG to Continent are now paying in excess of USD 22k. In the Pacific we see rates increasing as well. The Indonesian imposed ban on nickel ore and bauxite exports have boosted the shipments of same. Smaxes able same can achieve above 20k for trips to China bss Spore delivery. On the back of this rate hike the period market has regained activity. Short periods trading in the 13k´s and-year deals in the 12 ´s", Fearnleys concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
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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 ...
Wednesday, 06 November 13
THE BIGGER SIZE SEGMENTS LOST GROUND WHILE SUPRAS AND HANDIES HELD ON TO THEIR GAINS - INTERMODAL
Chartering (Wet: Stable+ / Dry: Stable- )
A mirror image of the week prior for the Dry Bulk market, as once more the bigger size segments los ...
Wednesday, 06 November 13
WILL NEW ORDERS DRIVE THE MARKET DOWN AGAIN ONCE DELIVERIES COMMENCE
"While there are many concerns on whether the new orders will drive the market down again once deliveries commence, the second half of 2013 has ...
Tuesday, 05 November 13
AUSTRALIA'S NEWCASTLE PORT SEES DROP IN COAL EXPORTS W-W
COALspot.com: In the week ended November 4, Power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.77 m ...
Monday, 04 November 13
API 8 CFR S.CHINA COAL SWAP FOR Q3' 2014 DELIVERY CLOSED 3.65% HIGHER COMPARED TO Q1' 2014 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.24 percept W-W on Friday 1 November 2013. The CFR South China Co ...
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Showing 4026 to 4030 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
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