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Thursday, 09 January 14
CAPESIZE: WEST AUSTRALIA FREIGHT IS NOW DOWN IN THE $8S AND STILL DROPPING - FEARNLEYS
Handy
In the Atlantic we see rates sliding slowly for the start of 2014. Several players cvrd over the holidays and the rate decline was somewhat expected. Cont/Feast now paying ard $ 21k and USG/Cont still at a healthy $28k. We believe the trend will continue throughout the week lead by less activity. The Feast market took a dive last week and seems it is leveling out now. No Nickel Ore and bauxite cargos in the market and we hardly see any sand or Indonesian coal. Supras open in Singapore rating arnd $16k for trips via Indo to China and India but seems no chrtrs there at this level. Anyway there are still some lucky ships got 11k level for Nopac. Vessels in N. China talking around high 7k for backhaul. Tonnage in pg/wci remains tight, able to reach $12-15k.
Panamax
The new year started off in the same quiet pace as last year ended. Quiet week in both hemispheres so far. Russian holiday also contributing to lack of new coal cargoes. In the Atlantic not much fresh business as players covered most of their requirements before Christmas. Despite slow pace, Turkish panamax tender from Mobile to Eregli for end Jan dates awarded at strong 25 usd pmt, last week. Extreme weather and storms in North Atlantic also causing delays. In the far east volumes of Indo/Aussie cargoes limited and activity the same. Nearly no period being concluded these days, as players like to see a more clear direction. T/As pending in the $16,000 range, while fronthauls still in the low $20,000 Pacific around $11,000 -11,500 level depending delivery. 1 year should be +/- $12,500 but little reported.
Capesize
The majors have been out of the market since prior to Christmas last year, and consequently rates in the pacific have dropped dramatically. West Australia freight is now down in the $ 8s and still dropping. However we do expect the miners to enter with their requirements in not too long and that rates will stabilize / improve. The force majeure declared by Vale just after Christmas was withdrawn but activity out of Brazil remains slow, and freight rates are approaching the $ 20 pmt for Tub/ Qd. The balance in the Atlantic however remains stable with Bolivar / Rotterdam being fixed at $18 pmt.
Source: http://www.fearnleys.no
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Thursday, 09 January 14
THE SHIPPING MARKET IN 2013 AND LOOKING FORWARD GLOBAL ECONOMY: STEADY AS SHE GOES UPWARDS - BIMCO
Over the past year, developed economies have gained traction while developing and emerging economies have suffered from slower growth. Despite key e ...
Wednesday, 08 January 14
DRY BULK MARKET PROSPECTS LOOKING BRIGHTER DESPITE SLOW START TO THE NEW YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market's benchmark, the BDI has been on a fall since the start of 2014, ending yesterday's session down to 1,87 ...
Wednesday, 08 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS FALL
COALspot.com: In the week ended January 6, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.27 m ...
Wednesday, 08 January 14
THE DRY BULK MARKET HAS LOST SOME OF ITS STEAM THESE PAST COUPLE OF DAYS: INTERMODAL
Chartering (Wet: Softer- / Dry: Softer- )
The Dry Bulk market has lost some of its steam these past couple of days although hires, espe ...
Wednesday, 08 January 14
SHIPPING: THE ABSOLUTE BOTTOM OF THE CYCLE WAS REACHED AND PASSED - GEORGE LAZARIDIS
COALspot.com: To many in the industry 2013 has been the turning point in the market where the absolute bottom of the cycle was reached and passed.
...
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- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Energy Development Corp, Philippines
- PTC India Limited - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- The Treasury - Australian Government
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