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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 some USD 1000 wow for all trades and the Feastern market is experiencing the same tendency. The list of available tonnage is outnumbering the cargoes and rates are softening. One trade that has taken pounding is Indonesia/India coal where a 53k dwt fixed USD 6k+60k GBB. Rates are similar for the NoPac trade and players do not expect any changes until the holidays in China are over.
Panamax
This week the activity came down dramatically in both hemispheres. Last week much of the activity was driven by grain majors fixing period tonnage, but this week it seems they are taking a break. There has been little spot fixing in the Atlantic and the rates are dropping. Trans Atlantic rounds now pay around usd 13000 and fronthauls around usd 22500. In the Pacific rates has come to around usd 9000, and as owners refuse to fix at charterers low fixing ideas we see more and more ballasters heading towards South America. They all hope that a record crop and harvest in South America soon will lift the market. Not so much to report from the period market this week, but levels remain around usd 14000 for 1 yr tc.
Capesize
Mixed sentiment for the big ships, as spot softens from already low levels whilst period units remain in demand and fetch solid premiums. A considerable number of ballasters combined with very limited fresh ore and coal volumes from S.Africa and Brazil gives little promise for spot levels to improve short-term. The WAust/China trade has again come to life, but only to the extent that expected daily return for such rounds does not fall much below usd 10k. With average spot value hovering around usd 12k, forward faith is well reflected in prompt 180000-tonners fetching in excess of usd 20k for 12 months.
Source: Fearnresearch
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Wednesday, 15 January 14
INDONESIAN MINING LAW AVERTS BOP PRESSURE, RISKS REMAIN, FITCH SAYS
The last-minute intervention at the weekend by Indonesia's politicians to avert a significant disruption of mining activity and exports, should lim ...
Wednesday, 15 January 14
Q3 AND Q4 INDONESIAN COAL SWAPS DECLINE MONTH ON MONTH
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 1.23 pmt month on month on Friday 10 January 2014. T ...
Wednesday, 15 January 14
PANAMAX: PACIFIC - REMAINED QUIET; ATLANTIC - CONTINUED THEIR RETREAT
COALspot.com: The holiday hangover seems well underway for the Dry Bulk market that saw more ground being lost this past week. The BDI has closed of ...
Tuesday, 14 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS FALL 18.28 %
COALspot.com: In the week ended January 13, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.67 ...
Monday, 13 January 14
INDONESIAN ORE BAN TO HAVE LIMITED IMPACT ON CHINESE ALUMINIUM PRODUCERS, FITCH RATINGS SAYS
COALspot.com: Fitch Ratings says today that Indonesia's ban on exports of unprocessed mineral ore will have limited impact on Chinese aluminium pro ...
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- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- The Treasury - Australian Government
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- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- PTC India Limited - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
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