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Thursday, 09 October 14
CAPESIZE MARKET HAS CONTINUED TO SHOW WEAKNESS - FEARNLEYS
Handy
We mentioned last week that after several weeks of rate increase for the Supras, the bigger Panamaxes started to snap up better paying Supra cgos. This together with a slowdown in activity in the USG and ECSA has caused rates to slip this week, said Fearnleys in its latest weekly report.
The broker further commented that, TA´s are now paying around USD 9.5k compared to the low 11k´s achieved last week. In the Pacific we see the same tendency with rates slipping across the board. Rates for Pac rounds are now in the region of USD 9k. The period market is losing ground and takers are withdrawing from the longer period deals. There are still shorter periods being done, but the levels are well below last done in the different segments, Fearnleys concluded on smaller vessels.
Panamax
On Panamax Fearnleys said, it seems last week´s push in rates was much caused by charterers wanting to cover themselves before the holidays in the Feast. There are very few grain stems for Oct dates left in the USG and the big grain houses are now quoting Nov and Dec dates. This combined with plenty of ballasters entering the Atlantic this and next week are pushing the USG/China rates down. The broker further said, the Fhaul cargoes quoted for Continent delivery are fixed within a couple of hours after entering the market and owners are fixing less than last done in order to secure employment. TA´s are now being fixed in region of USD 5/6k depending on delivery. The Fhauls are being fixed in region of USD 14.5k and even lower on voyage bss.
According to Fearnleys, in the Eastern hemispheres we see rates also coming off even with India importing record amounts of coal for their electricity plants with about a 19% increase y-o-y. Pac rounds are now paying around 7k compared to the 8k last week. Period activity is limited and FFA´s are coming further down.
Capesize
According to broker, the Capesize market has continued to show weakness. West Australia has slipped by about 25 cents to about the USD 7.75 level despite healthy fixing volumes. Worse is the all important Brazil to China fronthaul leg, where rates are now below USD 18.00 and the fixing activity is limited to the operators rather than the miners. Unless we see a significant increase in activity on this long duration business, it is difficult to be optimistic about a Q4 rebound. On the period front major operators relet tonnage for short period (though Q4) at a disappointing USD 15k daily level. This lack of confidence in the near term market is concerning, broker concluded on Capes.
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Wednesday, 15 October 14
SHIPOWNER NOT LIABLE FOR CARGO DAMAGE RESULTING FROM POOR STOWAGE - CLYDE & CO
KNOWLEDGE TO ELEVATE
Russian metal trading company Yuzhny Zavod Metall Profil (YZMP), the holder of a CONGEN 1994 bill of lading, took delivery o ...
Wednesday, 15 October 14
NEWCASTLE SHIPPED 13.96 MILLION TONS OF COAL IN SEPTEMBER; UP 5.72%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1,227.7 wor ...
Tuesday, 14 October 14
KING COAL UNDER ATTACK? - EVA TZIMA
With the last quarter of the year being well underway and with no strong signs that the Dry Bulk market could be ready for a big positive reversal, ...
Tuesday, 14 October 14
THE NEW CHINESE TRANSPORTATION TAX LAW: WHAT DOES IT MEAN FOR GREEK SHIPPING? - DELOITTE
China has recently promulgated a new law which imposes tax on profits from freights of inbound routes. The objective of the new tax law titled &ldq ...
Monday, 13 October 14
CHINESE COAL IMPORT TARIFFS YET ANOTHER BLOW TO AUSTRALIAN COAL EXPORTS - TIM BUCKLEY
COALspot.com: China’s unexpected move to reintroduce thermal coal import tariffs of 6% will have a materially negative impact on the viabilit ...
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Showing 3431 to 3435 news of total 6871 |
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- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
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