We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 16 October 14
ARE WE GOING TO SHOOT OURSELVES IN THE FOOT ONCE AGAIN? - PANOS MAKRINOS
As the East part of our globe was coming back from its October holidays last week, everyone expected that the Dry Bulk market would follow suit and ...
Wednesday, 15 October 14
PANAMAX: ACTIVITY IN THE PACIFIC WAS UNIMPRESSIVE
The Dry Bulk market noted another weekly decline last week, while the BDI moved below 1,000 points taking down with it expectations that a post hol ...
Wednesday, 15 October 14
INDONESIAN COAL PRICE REFERENCE FELL TO FRESH MULTI-YEAR LOWS IN OCTOBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in October 2014.
...
Wednesday, 15 October 14
DRY BULK SHIPPING: RATE IMPROVEMENTS ARRIVED AS FORECAST, BUT UNCERTAINTY MOUNTS FOR 2015 DEMAND - BIMCO
BIMCO released its latest short term assessment of the dry bulk market, estimating that over the October-November period, the level of Capesize TC ...
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 ...
|
|
|
Showing 3426 to 3430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Australian Coal Association
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
|
| |
| |
|