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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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Wednesday, 07 January 15
2015 IS RIDDLED WITH CHALLENGES FOR THE SHIPPING SECTOR, MOST NOTABLY THE DRY BULK MARKET - HELLENIC SHIPPING NEWS
As the new year has now set foot for real, many are still looking to detect what’s in store for the various shipping markets, with the first ...
Tuesday, 06 January 15
SHIPPING MUST ADOPT CAN-DO ATTITUDE IN 2015 - MOORE STEPHENS
Shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015.
Shipping part ...
Tuesday, 06 January 15
Q4' 15 FOB INDONESIA COAL SWAP CLOSED 1.81% HIGHER COMPARED TO Q1' 15 CLOSING
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 0.74 (-1.51%) m ...
Tuesday, 06 January 15
FOB RICHARDS BAY COAL SWAPS LOST W-O-W AND M-O-M, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.52 (-5. ...
Monday, 05 January 15
CFR SOUTH CHINA COAL SWAPS GAINED WEEK OVER WEEK, SGX DATA SHOWS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 2.50 (-4.02%) month over month and gained US$ 0.20 ( ...
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- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Australian Coal Association
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
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