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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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Sunday, 03 August 14
LACK OF COAL SHIPMENTS FROM FAR EAST/SE ASIA, THE PRESSURE ON CHARTER RATES CONTINUED THIS WEEK
COALspot.com: This week, the freight rates were almost flat as charter rates were also almost steady from last week.
The BDI was up by 2.59 pc ...
Friday, 01 August 14
UNCERTAINTY IN ASIAN COAL MARKETS WHERE INDEX-LINKED PRICING DOMINATES - SGX
COALspot.com: In the past 3 years, seaborne thermal coal markets have been in a state of constant oversupply.
Reuters expects this oversupply ...
Friday, 01 August 14
U.S PRODUCED 19.4 MMST OF COAL IN A WEEK, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Thursday, 31 July 14
CAPESIZE: CARGO VOLUMES, COAL IN PARTICULAR, PRESENTLY NOT SUFFICIENT TO EMPLOY A GROWING FLEET - FERNLEYS
Handy
Both the Atlantic and Pacific has improved in the supramax segment over the last week, said Fernleys in Its latest weekly report . There we ...
Thursday, 31 July 14
RIO TINTO SELLS MOZAMBIQUE COAL ASSETS FOR US$ 50 MILLION TO INDIA'S ICVL
COALspot.com: Rio Tinto has agreed to sell its Mozambique coal assets for just US$ 50 million to International coal ventures Private limited of Ind ...
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Showing 3566 to 3570 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- The University of Queensland
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
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