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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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Tuesday, 22 July 14
INDONESIA'S MINERAL EXPORT BAN: CHINA UNDER PRESSURE? - CLARKSONS
In January 2014, Indonesia introduced new regulations on exports of unprocessed minerals. Exports of some minerals have been heavily taxed, whilst ...
Tuesday, 22 July 14
ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release: Registration Open for Fourth Annual Asian Sub-Bituminous Coal Users’ Group Conference
Register today for this year&r ...
Monday, 21 July 14
25% OF INDIA'S POWER PLANTS WERE HAVING SUPER CRITICAL COAL STOCK - COAL AND POWER MINISTER
25% of India’s power plants were having super critical coal stock; power utilities have also been advised to enhance the import of coal - Coa ...
Monday, 21 July 14
INDONESIA'S STATE CONTROLLED COAL MINER BUKIT ASAM ENJOYED HIGHER SELLING PRICE DURING THIS STORMY MARKET
COALspot.com: PT Bukit Asam, the Indonesian government controlled coal miner announced today that, the company has produced 7.70 million tons of co ...
Monday, 21 July 14
CFR SOUTH CHINA COAL Q3 DELIVERY SWAPS LOST 16% SINCE JANUARY 17, 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. Market is not showing any positive trend in near future.
...
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- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- The University of Queensland
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
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