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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 market in Feast is stable but on a low level we can see some fresh cargos entering the market but still not enough to absorb the huge tonnage supply.
Vessels open Spore trading around USD 7-8k for SE Asia R/V, for trips to India vessels can achieve around USD 9.5k. NOPAC, rates firmed up a bit and are at low 9k+325k BB bss APS. South Africa softened a bit, here rates are at around 8k +150k BB for trips east. Period, a Supra open WCI got fixed for short period at around high 8k where an Ultramax ex yard China could achieve around 12k for same duration.
Panamax
Week started with some more cargoes in the Atlantic hemisphere giving a small push to an already depressed market. We do not foresee that this will kick off rates, but at least lift the levels a bit in positive direction. In the east, the list of open vessel still huge and with limited trading we saw small dip in rates. Atlantic and Pacific rates are now almost even at around USD 4k per day. Fronthaul is still around USD 12k daily. Period activity limited these days and little reported, some shorter periods at 4/6 months concluded around 8500 daily, while 1-year should pay in the low to mid 9k.
Capesize
Mixed picture, but overall negative w-o-w as average earnings soften further to some USD 9300/day. All major Australian miners are picking ships, with resultant marginal improvements on the key West Aust/China route to a still miserable average of USD 7.85 pmt basis voy or some USD 10k/day for Pacific rounds. Atlantic remains the area of pain, with next to no transatlantic and very limited fronthaul action.
The Tubarao/Qingdao conference trade is down to USD 18.40 pmt, general tc-trip value from Continent to Feast down to USD 25k/day and transatlantic rounds pay some USD 5500/day on good modern tonnage if at all available. Apart from seasonal doldrums coal trading appears at a particular low. Period activity reflects FFA values, having taken a hit along with spot levels for some time.
Source: Fearnleys AS
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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
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 ...
Wednesday, 23 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
In Australia, the world’s largest mining group, BHP Billiton, will beat the iron ore export target of more than 220 million tonnes for 2014. ...
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- Mintek Dendrill Indonesia
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- Meralco Power Generation, Philippines
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- Bulk Trading Sa - Switzerland
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- Eastern Energy - Thailand
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- MS Steel International - UAE
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- IEA Clean Coal Centre - UK
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- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
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- Altura Mining Limited, Indonesia
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- The University of Queensland
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- Planning Commission, India
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- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
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- Thai Mozambique Logistica
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- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
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- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
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- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
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- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
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- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
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- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Minerals Council of Australia
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- Thiess Contractors Indonesia
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- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
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