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Friday, 08 August 14
CAPESIZE RATES ARE REMAINING MORE OR LESS UNCHANGED AT BOTTOM LOW LEVELS - FEARNLEYS AS
Handy
An improving sentiment with stronger rates and fair demand for prompt tonnage in the Atlantic, both on the Continent and in the Med for the Supra players. Scrap business to Med in the 9,000 ranges and fronthaul above US$ 11,000.
1 year reported done with ppt delivery in Greece at around 9,500/Day. After a slow start in the Pacific, the market seems to gradually turn from flat to a slightly positive trend mid week. Activity on the low side with levels around 8,000 for vessels in S. Korea/Japan range and US$ 9,000 bss S. China.
Panamax
Low activity with levels moving along an uninspiring basement floor seems to be the trend this summer. Generally most requirements are covered on APS basis, leaving a too long list of ships behind. Trading and arbitrage enthusiasm is nonexistent. North Atlantic rounds are covered in the US$ 4,000-6,000 range depending on destination and duration. USG back to Med in the 8,000 + 85,000 GBB range. Both Atlantic and ECSA fronthaul runs showing small signs of improvement mid week with US$ 13,000 + US$ 300,00 GBB obtainable for the long round.
The Eastern hemisphere is also suffering from oversupply, with levels under US$ 5,000 + 50,000 GBB APS Indonesia (US$ 190,000 GBB bss Aussie) to China and tick more if going to India. Short period done from mid US$ 7,000´s to abt US$ 9,000 spec and delivery depending, but takers are few.
Capesize
Rates are remaining more or less unchanged at bottom low levels. West Australia are presently been concluded in the mid 7s with a handful of fixtures being concluded so far this week. Front haul remaining absolutely inactive, with charters and operators trying to book tonnage at index levels (presently 18,62) for end August and September against owners in the upper 19s/low 20s.
Few period fixtures are being concluded, with last done still being the Heroic (182,000 dwt/2010)at USD 18,750 for 11/14 months.
Source: FEARNLEYS AS
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Wednesday, 06 August 14
SHIPPING MARKET INSIGHT - EVA TZIMA
Recent reports that Indonesia’s ban on exports of metal ore concentrates was lifted for the first time in six months for two of its biggest m ...
Wednesday, 06 August 14
SGX SUCCESSFULLY LAUNCHED NEW SGX COAL PRODUCTS
COALspot.com: Singapore Exchange (‘SGX’) has announced that, the exchange has successfully launched its new Coking and Thermal Coal pro ...
Monday, 04 August 14
ANNUAL SECOND HALF SURGE IN BRAZILIAN IRON ORE EXPORTS ABOUT TO BEGIN - JEFFREY LANDSBERG
COALspot.com: Great strength in the capesize market has all along been set to occur during the second half of this year, as that is when Brazilian ...
Monday, 04 August 14
SUB-BIT FOB INDONESIA COAL SWAP INCHES UP DESPITE LOW DEMAND
COALspot.com: Indonesian coal swaps for average Q4’ 2014 increased US$ 0.15 day on day and US$ 0.13 per mt week on week. But, the swap was lo ...
Monday, 04 August 14
Q1' 15 API 8 CFR SOUTH CHINA COAL SWAP CLOSED AT US$ 69.37 ON 1 AUGUST 2014; A $ 1.10 HIGHER COMPARED TO Q4' 2014 CLOSING
COALspot.com: Coal swap prices are showing a positive move upward this past week. API 8 CFR South China Coal swap for Q4, Q1 and Q2 2015 show ...
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- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
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- Energy Link Ltd, New Zealand
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- The State Trading Corporation of India Ltd
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- Sical Logistics Limited - India
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- Merrill Lynch Commodities Europe
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Ministry of Transport, Egypt
- Parliament of New Zealand
- Independent Power Producers Association of India
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- Australian Coal Association
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- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
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- IEA Clean Coal Centre - UK
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- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
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- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
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- Chamber of Mines of South Africa
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- Karbindo Abesyapradhi - Indoneisa
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- South Luzon Thermal Energy Corporation
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- Jaiprakash Power Ventures ltd
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- Semirara Mining and Power Corporation, Philippines
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- Georgia Ports Authority, United States
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- Coal and Oil Company - UAE
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- Straits Asia Resources Limited - Singapore
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- Wilmar Investment Holdings
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- Semirara Mining Corp, Philippines
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- PowerSource Philippines DevCo
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- Xindia Steels Limited - India
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- Kumho Petrochemical, South Korea
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- Port Waratah Coal Services - Australia
- Minerals Council of Australia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Economic Council, Georgia
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- The University of Queensland
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- White Energy Company Limited
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- Eastern Coal Council - USA
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- Mintek Dendrill Indonesia
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