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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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Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED
COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining ...
Saturday, 14 February 15
SHALE GAS AND TIGHT OIL ARE COMMERCIALLY PRODUCED IN JUST FOUR COUNTRIES - EIA
KNOWLEDGE TO ELEVATE
The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing com ...
Friday, 13 February 15
U.S. WEEKLY COAL PRODUCTION SHOWS 10% DECLINE
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.1 million short tons (mmst) of coal ...
Friday, 13 February 15
SMALL AND MEDIUM-SIZED SHIP OWNERS SQUEEZED OUT OF THE MARKET ON CRASHING DRY BULK MARKET AND EUROZONE CRISIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Financing issues have started to tighten the noose in the throats of small and medium-size ship owners, who were already facing problems over the p ...
Thursday, 12 February 15
CAPESIZE: THE BEST DESCRIPTION FOR THE MARKET IS, FLAT - FEARNRESEARCH
Handy
The handy and supra market is also being affected by the marginal volume of activity in the commodity sales. We see a small upturn in the T ...
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- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
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