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Thursday, 03 July 14
PANAMAX : IN THE ATLANTIC, OWNERS ARE WILLING TO FIX AT ABOUT $2.5K PER DAY - FEARNEYS
Handy
In its latest weekly report, shipbroker Fearneys noted that, this week seems to have been more of a wait and see game between owners and charterers.
Owners are somewhat reluctant to fix current levels and will rather wait. TA market is down US$ 500 w-o-w, but much lead by little activity. The broker further said, we do see some more cargoes and an underlying positive tone makes us believe that the bottom is achieved, at least for now. In the Far East we also see signs of improvements but also here hard to say if it is sustainable and if it will continue. Singapore positions can achieve around US$ 11,500 for trips via Indonesia to India while trips to Thailand are paying around US$ 8k. NoPac rounds are fixing at APS bss aroundd US$ 8k + US$ 300k. Period market is still there and large supras are able to achieve high 9k for short period.
Panamax
According to Fearneys, a scent of optimism has entered the Panamax market, primarily driven by the Caper and the paper early week.
In addition, Owners recent stubbornness to avoid fixing the poor levels offered lately has changed the sentiment. However, the glimpse of hope is met by the word short-lived among many market players. Nevertheless, the all time low for the Panamax section was avoided early week, and levels are about to switch up from APS to DOP in both hemispheres. In the Atlantic, Owners are willing to fix at about 2.500/ day. In Pacific Owners typically aim for 6,000 DOP, to see tick less DOP or APS with BB for Aussie or Indo/India rounds, Fearneys said.
Despite the higher levels and volumes, fronthaul activity has been low with only a marginal upswing to the typical 12 + 200 range. Period activity is scarce with a forward curve hovering in the 10 K range.
Capesize
Last week the market closed relatively flat but with a positive sentiment as the forward paper market started to improve, said the shipbroker.
This positive trend continued into the early part of this week, translating into improved rates especially on the Brazil/China route. According to Fearneys, midweek the steam seems to have run out. Rate wise we are at a spot 4TC average equal to what is was mid last week, whereas forward numbers have gained about US$ 1,800 daily for Q4 of this year which is now trading in the mid US$ 24,000´s. Most of the spot improvement was driven by the Brazil/China route which eventually brought the West Australia numbers up early this week. Period activity has been moderate and the short period rates are stable in the low US$ 20,000´s.
Source: Fearneys
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Friday, 25 July 14
U.S WEEKLY COAL PRODUCTION UP AROUND 3.5% WEEK ENDED JULY 19
COALspot.com – United States the world's second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...
Thursday, 24 July 14
INDONESIA'S JUNE 2014 COAL EXPORT VOLUME DOWN 6.82%; AVERAGE SELLING PRICE DOWN
COALspot.com: Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.70* ...
Thursday, 24 July 14
HANDY: SOUTH AFRICA SOFTENED A BIT, HERE RATES ARE AT AROUND 8K +150K BB FOR TRIPS EAST - FEARNLEYS AS
Handy
The handy market in the Atlantic is going sideways and a tick down on low activity. Levels hoovering around USD 5k on Supras. The SMX marke ...
Thursday, 24 July 14
INDONESIAN COAL EXPORTERS ARE REQUIRED TO OBTAIN ET-BATUBARA UNDER LATEST TRADE MINISTRY'S NEW REGULATION
COALspot.com: Indonesia's trade ministry has issued regulation No. 39/M-DAG/PER/7/2014 which is requires exporters of power plant coal as ...
Wednesday, 23 July 14
PANAMAXES WERE BACK ON A DOWNWARD COURSE; CAPES WERE FEELING THE MOST PRESSURE - INTERMODAL
COALspot.com: The Dry Bulk market was on a downward spiral this week, with the BDI noting another week-on-week decline of the magnitude of 10% this ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
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