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Thursday, 21 August 14
PREDICTIONS FROM VARIOUS SHIPPERS AND MINING INDUSTRY FOR 2ND HALF YEAR AND ESPECIALLY Q4 IS POSITIVE
Handy
The activity has increased in both hemispheres this week and we see rates edging up on all trades. TA´s are now paying around 8k which is up about USD 1k w-o-w. It is still good flow of available ships but also fresh cargoes entering the market. Also in the Feast we see the market improving with fresh cargoes in the market. Smaxes open Spore are trading at around USD 8.5-9k for trips via Indonesia to India and it is also rumoured that one Smax managed to fix 10k for an Aussie/India round. The South African market is also improving with levels at around USD 8-9k +150k GBB. The period market is also proving to be more active with shorter periods being done at around USD 10k.
Panamax
The week started off in same pace as last ended, more activity especially in Atlantic but also Pacific basin improved. More coal and also iron ore and lack of very prompt tonnage forced charterers to pay up. In general it seems that owners are more resistant these days and dear to say no and hold their ships back. Predictions from various shippers and mining industry for 2nd half year and especially q4 is positive.
Atlantic improved from 4-5k and up to 7-8.5k last week, depending duration and delivery/redelivery range. Pacific round paying around 5-5.5 k. Fronthaul rates kicked off and some clamed 18k was fixed end of last week, up from 12-13k. But this was a strong single fixture, we believe fronthaul rates should be more like 15-15.5k this week. Period market started to move again after a slow summer. Some claims 10k obtainable for 1 year for modern p/kmax.
Capesize
Improving across the board, coming in 38% up w-o-w to an average daily USD 16500. Main drivers are the major iron ore miners, particularly ex Australia where rates are up USD 1 pmt on Dampier/Qingdao adding some USD 6k per day in earnings. Fronthaul iron ore activity is also up whilst number of ballasters keep falling, jacking Tubarao/Qingdao conference trade rates up some USD 2.5 pmt and corresponding China-Brazil China round voyage levels up to USD 18k.
Paper levels presently follow suit, and further gains are expected on period even though an element of bouncing curves should be factored in.
Source: Fearnleys AS
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Wednesday, 03 September 14
KOREA MIDLAND POWER CO. LTD INVITES BIDS FOR 1 MMT OF BITUMINOUS & SUB-BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: KOMIPO again in the market for 1 million tons of 5700 NAR and 4600 NAR coal for Jan – March 2015. South Korean state-owned util ...
Wednesday, 03 September 14
CFR S.CHINA COAL SWAP FOR JAN 2015 DELIVERY CLOSED AT $ 68.30 PMT; DOWN 2.43% W-O-W
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 0.95 (-1.39%) day on day and US$ 1.40 (-2.03%) week on wee ...
Tuesday, 02 September 14
BERAU COAL HAS AWARDED A CONTRACT EXTENSION TO BUMA FOR 647 MLN BCM OVERBURDEN REMOVAL
COALspot.com: PT Delta Dunia Makmur Tbk (“DOID”) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama (&l ...
Monday, 01 September 14
GLOBALCOAL WELCOMES TWO NEW MARKET MEMBERS
COALspot.com: globalCOAL® announced today that two Market Members have joined its trading community. Both new Market Members are from the India ...
Sunday, 31 August 14
COAL FREIGHT RATES INTO INDIA FROM INDONESIA FIRM
COALspot.com: The freight market continued to firm this week. BDI up 5.42 percent week ended 29 August and closed at 1147 points while the Ca ...
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- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
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