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Thursday, 22 January 15
PANAMAX: A SOFTER TONE AND OVERALL A SLUGGISH MARKET - FEARNLEYS
Handy
The handy and supra market has experienced yet another week with slow activity and softening rates in both hemispheres, broker Fearnleys AS said its latest weekly report.
According to broker, there is a steady volume of cargos out of the USG, however those are outnumbered by available tonnage causing rates to slip. A typical scrap cargo from northern Continent to Med is paying around high 6k including the premium for the cargo. In the Pacific we also see the same tendency with slipping rates and trips via Indonesia with coal to India are currently seeing levels around 6-6,5k bss delivery Singapore.
Fearnleys noted that, the period market is also less active and little has been concluded this week.
Panamax
According to broker Fearnleys, a softer tone and overall a sluggish market in both hemispheres this week for the Panamax market. Despite some fresh inquiries, fixtures are done quickly and under last done.
Voyage rates in the Atlantic giving owners return well under index, which mid week stands below 6K for a round. Owners may see a premium for INL breach or particular Continent fronthaul requirements but volumes are limited. USG activity also reduced. Grain trading from ECSA is gradually becoming more active, but levels are so far moving sideways around 12.000 + 200k GBB bss APS or 23,50 on voyage. Despite expectations for the coming ECSA grain season, March and April cargoes are fixed just a fraction above spot levels. NOPAC volumes in the Pacific are reduced and levels are closing in at 5,000/Day, less for Aussie or Indo rounds and now bss APS. Period takers are willing to absorb good units around mid 7K for 4-7 months with a potential upside in Q2. For the spot market there are no signs of any rapid change.
Capesize
Commenting on cape, Fearnleys says, Capesize vessels are still not great, but at least some improvements seen for the big ships. Transtlantic levels up 15% on the back of combined coal and iron ore volumes, coming in at some US$ 13k for rounds. Increased demand also for fronthaul iron ore, giving transport work for a number of vessels idled off S. Africa and taking the Tubarao/Qingdao conference rate up a nominal 20% and some 35% in daily earnings to US$ 8,700.
Broker further noted that, all major Australian miners presently picking ships, with consequent improvements for pacific rounds of a similar 35% w-o-w to a still modest US$ 6k. Period interest up on improved spot and FFA levels, with most recently US$ 13k done for 180,000 dwt NB delivering ex yard S. Korea mid February for 11-14 months.
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Monday, 26 January 15
API 8 CFR SOUTH CHINA COAL SWAP CONTINUE TO SLIDE M-O-M; ROSE W-O-W
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined US$ 0.79 (-1.33%) per MT month over month and gained US$ 2.10&nb ...
Sunday, 25 January 15
PANAMAX FREIGHT RATES STILL FALLING
COALspot.com: The BDI was slightly down this week to 720 points. The BDI lost 2.83 pct week on week.
The cape index continued its upward trend ...
Friday, 23 January 15
U.S. WEEKLY COAL PRODUCTION FOR WEEK ENDING JAN. 17 UP 2.5%
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.4 million short tons (mmst) of coal ...
Thursday, 22 January 15
BUMI RESOURCES POSTS NET INCOME OF $13.3 MILLION 9M-2014
COALspot.com: Bumi Resources, Indonesia’s largest coal miner, reported today that, the company has recorded a net income of $13.3 million for ...
Wednesday, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...
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- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
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