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Thursday, 06 November 14
THE ATLANTIC HAS REMAINED STRONG WITH A HEALTHY SUPPLY OF NEW CARGOES
Handy
This week has continued its slow trend in both hemispheres and even though rates are a bit up w-o-w it is not a clear sign for any improvement short term, Fearnleys AS said in its latest weekly report.
The broker further noted that, in the Atlantic Fearnleys AS still see an oversupply of tonnage and the usual seasonal upturn is yet to be seen. TA´s are now paying around US$ 9k while trips from Continent to Feast are being fixed in region of US$ 14k. In the Pacific Fearnleys AS is also seeing an oversupply of tonnage and Pac rounds are being fixed at US$ 8k. Period fixtures are few but modern Ultra´s with good specs are seeing around US$ 12k.
Panamax
On Panamax, the broker Fearnleys AS said, Panamax rates have taken a solid breather, after about 50% increase in transatlantic levels and 25 % rise on average BPI 4 TC over the last 2 weeks. There are still fresh requirements in both hemispheres, there is still a fair activity level, but sentiment has got an ugly beating from a falling forward curve and steady over-supply. Atlantic rounds on T/C giving owners about 10.000 in return, but voyage rates have come down considerably. North Atlantic fronthaul still is paying reasonably good at 16-17K, but USG grains activity seems to been reduced with voyage levels at 44. ECSA rounds now at 15 + 500. The Far East is suffering from the same negative trend however Nopac and Aussie rounds still at healthy 12.000 on averages, or more for trips to India. Owner's interest in short period up to about 1 year at 10.000 maintains, but takers have vanished.
Capesize
According to Fearnleys AS, the Atlantic has remained strong with a healthy supply of new cargoes throughout the week. The front haul activity has been steady, mainly represented by iron ore out of Brazil. West Australia iron ore activity has however been limited, having resulted in a pressure on the Pacific rates. In addition FFA values have been coming off day by day, and these two latter aspects are for sure resulting in more uncertainty amongst the owners.
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Sunday, 26 October 14
CAPE'S STRONG PERFORMANCE PUSHES BDI INDEX UPWARDS
COALspot.com: The BDI was up by 26.27 pct and closed at 1192 points week and week. The Cape size performance has pushed up BDI and Cape size index ...
Friday, 24 October 14
WEEKLY U.S COAL PRODUCTION DOWN 2.7% FOR THE WEEK ENDING OCTOBER 18
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.7 million short tons (mmst) of coal in ...
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 kee ...
Wednesday, 22 October 14
MARKET INSIGHT - THEODORE NTALAKOS, INTERMODAL
ECO designs - revisited
The ECO vessels are already here but the oil and bunker prices are plummeting to their cheapest level since 2010. Is this ...
Wednesday, 22 October 14
CAPESIZE MARKET REMAINED UNDER PRESSURE
COALspot.com: The Dry Bulk market closed on the red for yet another week although following Friday sentiment has started to improve on the back of ...
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- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
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