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Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
 Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates coming up for all trades. More cargo out of NCSA and USG is helping rates to edge up in the Atlantic" the broker further said.
According to broker, TA´s are now paying in region of US$ 10k while USG/Cont is getting fixed at around US$ 15k. In the Feast it is a firm sentiment with vessels in Spore getting fixed at around US$ 11k for India rounds. The nickel ore rounds via Philippines to China are being fixed at around US$ 8,500. NoPac rounds achieving levels at around US$ 11k while the period market is back in play. Short periods for Umaxes are being concluded in the mid 12´s while the smaller segments are seeing levels around US$ 11-11,500.
Panamax
On Panamax Fearnleys noted that, after last week´s rate increase in both hemispheres it seems that the market is taking a breather. We noticed last week that the list of available tonnage in the Atlantic is growing and we see that coming into affect now with TA rates coming off around US$ 1,600 w-o-w.
Broker said, at the beginning of the week we experienced a slow down much due to holidays in the Feast, but fresh cargoes were entering the market. However the list of available tonnage is simply out numbering the cargoes and causing rates to slip. The healthy levels achieved for Fhauls last week has come down this week when more owners are willing to go that direction.
In the Pacific we see rates edging up as more Aussie rounds are being fixed and also India in urgent need for coal with a shortage at almost every power plant across the country. Pac rounds are now paying around US$ 7,700 up US$ 1,700 w-o-w.
The period market is regaining some activity and strong rates are being seen for longer periods at around 5 years with options attached, Fearnleys concluded on Panamax.
Capesize
The market is hoping to start the 4th quarter rally early, and the Pacific rates started to push upwards at the end of last week, said Fearnleys.
The Australian miners continued to resist the upturn and have, so far, succeeded in capping the West Australian market at just under US$ 9.00 despite healthy volumes.
There are, perhaps, two main reasons for the lack of upward movement in these rates. The first being the low activity volume in the Atlantic, and the second being the owners faith in a 4th quarter rally prompting them to prefer a short duration Pacific round voyage in order to keep their ships still in 4th quartergame. Although the Atlantic volumes from Brazil to China are low, there has been some increased activity and rate increase in the transatlantic trade, with time charter numbers reaching the upper teens.
Period has remained slow, though the supply of tonnage willing to commit to periods just under a year has increased, this again to take advantage of a near term healthier market, Fearnleys concluded.
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Saturday, 27 September 14
OIL MARKET CONTANGO: SPECULATION ON FUTURE PRICES CAN BE A RISKY MOVE, EVEN FOR TANKER OWNERS HELLENIC SHIPPING NEWS
Despite the fact that tanker owners can easily use their vessels as floating storage units for oil, in a bid to exploit the current oil market dyna ...
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with t ...
Friday, 26 September 14
INDIA SUPREME COURT RULING TO HIT STEEL, UTILITY EARNINGS, SAYS FITCH
COALspot.com: The 24 September Supreme Court of India (SCI) decision to cancel almost every coal block allocation since 1993 will have a negative f ...
Friday, 26 September 14
U.S WEEKLY COAL PRODUCTION FELL 1.8% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.80 million short tons (mmst) of c ...
Friday, 26 September 14
ORACLE SIGNS EPC FRAMEWORK AGREEMENT WITH SEPCO FOR COAL MINE AND POWER PLANT IN PAKISTAN
COALspot.com: Oracle Coalfields PLC, the UK developer of a lignite coal mine and power plant in the south-eastern Sindh Province, Pakistan, has ann ...
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Showing 3466 to 3470 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
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