We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
|
|
|
Showing 3471 to 3475 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
|
| |
| |
|
