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Thursday, 15 January 15
PANAMAX : MARKET CONTINUE ON LOW PACE - FEARNLEYS
 Handy
On a general basis we can say that rates are softening in both hemispheres. Although for some specific trades we can see premiums being achieved. In the Atlantic the TA´s are down around US$ 1,200 w-o-w. Fhauls are being fixed below 10k now but bring the owners into a market with a touch more activity, but still it is a declining market. Short rounds with China redelivery are being fixed in region of 7k, while EC India cargos are fixing at slightly better 8k. The period market is a bit more active, with Ultramax NB´s being fixed around 10k for the shorter periods.
Panamax
Seems like the panamax market continue on low pace. Atlantic flooded with tonnage and charterers are in the driving seat. Spot requirements being fixed at extremely low levels. Atlantic paying in the mid 6 k now. Atlantic have been the most active hemisphere this week but still on low levels. Some major player entered the market with coa possibilities showing they feel market close to a bottom for now. In all fairness we have to add that low bunker prices contribute to the lower rates as well. Pacific also very slow, paying in the low 6 k range while nopac tic better in the 7k range. The newbuildings continue to pop out from the yards. Owners being forced to accept levels for their NB far under breakeven. 1 year periods concluded at mid 7k which is very low. Limited with fronthaul business this week but paying in the high 11 k low 12 k region.
Capesize
The week started with a firmer sentiment, led by a very apparent increase in Atlantic demand. This transpired into stronger fixtures on vessels open on the Continent. The pacific, has struggled to follow suit. There was some rumor of an increase in the West Australian market, but although a couple of vessels attained slightly higher numbers, the market has now retreated to where the week started. The essential Brazil to China trade remains very quiet and the market seems to be flat. On the period front there is some talk, but mostly with hybrid rates, meaning some form of combination between fixed hire and an index linked floating portion.
Source: Fearnleys
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Friday, 20 February 15
U.S. PRODUCED AROUND 19.2 MILLION SHORT TONS OF COAL WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.2 million short tons (mmst) of coal ...
Thursday, 19 February 15
PANAMAX: NOPAC AND AUSSIE ROUNDS ARE DONE IN LOW/MID $ 4000; TRIPS VIA INDONESIA TO INDIA CLOSER TO THE $5000 MARK - FEARNLEYS
Handy
The handy and supra market has not seen any firming rates in front of the Chinese New Year and still suffering on low activity in both hemi ...
Wednesday, 18 February 15
DRY BULK SHIPPING TO RECOVER IN LATE 2015 - DREWRY MARITIME RESEARCH
Strong trade growth, moderating fleet development and deployment of new fuel efficient vessels are expected to lead to a recovery in dry bulk shipp ...
Tuesday, 17 February 15
WHO PAYS THE SUEZ CANAL FEES? - INCE & CO
KNOWLEDGE TO ELEVATE
This was an appeal from an arbitration award on a point of construction in relation to the wording of an addendum to a ch ...
Tuesday, 17 February 15
BUOYANT WAVES IN RECENT YEARS: GLOBAL SHIP INVESTMENT SINCE THE CRASH - HELLENIC SHIPPING NEWS
Anxiety about fleet expansion is a recurring feature of world shipping markets. Within the global maritime community, worries about the vast amount ...
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- Gujarat Electricity Regulatory Commission - India
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- Chettinad Cement Corporation Ltd - India
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- Sojitz Corporation - Japan
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- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Singapore Mercantile Exchange
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- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
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- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Economic Council, Georgia
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- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
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- Siam City Cement - Thailand
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- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
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- Makarim & Taira - Indonesia
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- The State Trading Corporation of India Ltd
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- Chamber of Mines of South Africa
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- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
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- SN Aboitiz Power Inc, Philippines
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- Bulk Trading Sa - Switzerland
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- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
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- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
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- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
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- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- The University of Queensland
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- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
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- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
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- White Energy Company Limited
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- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- IEA Clean Coal Centre - UK
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- Planning Commission, India
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- Timah Investasi Mineral - Indoneisa
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- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
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- New Zealand Coal & Carbon
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- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
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