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Thursday, 23 October 14
THE BEARS, HOWEVER, STILL CRY; FOR HOW LONG WILL IT LAST? - FEARNLEYS
 Handy
"We experience a typical oversupply of ships in the Atlantic which causing rates to slide. In the USG it is just enough cargoes to keep the rates fairly flat but for the rest of the Atlantic we see rates sliding, " Fearnleys said in its latest report. TA´s are paying around US$ 8,700. In the Feast there are still no signs of improvement. There are hardly any cargoes out of India and lack of coal cargoes from Indonesia to China. According to broker Fearnleys, Supras open Spore are being fixed in region of US$ 10/11k for trips to India while the SE Asia rounds are paying around US$ 8k. There is still some shorter periods being done and vessels open India are being reported fixed at around US$ 8-9k for same.
Panamax
Commnets on Panamax, Fearnleys said, a steady flow of new coal orders assisted by some bad weather causing delays, generated an increasing activity in the Atlantic. Owners are holding back, upping rate level after several weeks on slow pace. Atlantic rounds in the 10k range with voyage rates substantially up as well. However, USG fronthaul is marginally up, paying arnd high 15k/ low16k or abt 44 pmt midweek.
The broker further noted, the eastern Hemisphere is firming up even faster, with an increased number of coal shipments from Indonesia and South Africa to India further fueled by NOPAC grain rounds. Pacific business paying well in excess of 10k, with many Owners holding back to move. The period market is slowly returning from silence as well, with short period done in the low/mid 9´s and one year mid 9K to 10 K.
The lack of early ships and the number of increased orders is mainly the reason for the remarkable market upswing and expectations for a stronger sentiment for Q4.
The bears, however, still cry; for how long will it last?
Capesize
The turning point in the market was Thursday last week, according to Fearnleys.
Vale came into the market a picked up only a few vessels, strongly motivating the paper market to rise sharply. This rise was backed up this week in the physical market where rates flew up from high US$ 16´s to US$ 20 pmt on the important Brazil/China route.
The broker Fearnleys furher said, additionally the West Australian miners followed suit and that market has risen from low US$ 7´s to low US$ 9´s. The weighted average time charter has risen from US$ 13500 to US$ 15900 and the forward paper curve is pointing upwards. It remains to see if the market will continue to push once Singapore is back at work for the balance of the week. Nonetheless this could be a start to a much wished for healthy Q4, Fearnleys concluded.
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Friday, 17 October 14
INTERNATIONAL COAL PRICES ARE AT LOWEST LEVEL; COAL STOCKS AT INDIAN POWER PLANTS ARE ALSO AT LOWEST LEVEL
International coal prices as well as coal freights are falling and reaching to its lowest levels. According to PTI, fuel stockpiles at the thermal ...
Friday, 17 October 14
U.S. COAL PRODUCTION UP BY 3.6% WEEK - ON - WEEK
COALspot.com – United States the world's one of largest coal producers, produced approximately 19.20 million short tons (mmst) of coal in ...
Friday, 17 October 14
DRY BULK SHIPPING'S OUTLOOK NOW SHIFTING TO A LESS PROMISING ONE, SHIP PRICES EXPECTED TO FOLLOW SOON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
China’s and other Asian countries’ return to the dry bulk market last week, didn’t trigger the hoped support towards the dry bulk ...
Thursday, 16 October 14
KOREA MIDLAND POWER TO BUY 490K MT OF LCV COAL FOR 1Q 2015
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 490,000 Metric Tons (MT) of LCV (Sub) Bitumino ...
Thursday, 16 October 14
PANAMAX OWNERS RECEIVE A PREMIUM FOR GOING TO INDIA VIA INDONESIA - FEARNLEYS AS
Handy
The Handy/Supra market continues to slide in both hemispheres, said Fearnleys AS in its latest week report. In the Atlantic we see rates co ...
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Showing 3421 to 3425 news of total 6871 |
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- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Eastern Coal Council - USA
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