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Thursday, 19 March 15
HANDY: INDO COAL CARGOS DESTINED FOR INDIA BEING FIXED IN REGION OF $ 7-8K - FEARNLEYS
Handy
The Handy and Supra market has had a week with mixed signals. Although we see more activity in both hemispheres the rates are only up about $ 100 for TA´s and about $ 500 for Pac rounds, Fearnleys AS said in its weekly report.
Fearnleys AS further noted that, In the Atlantic we see more stems for end March dates and also into April. It does feel like it is some more positiveness amongst owns for April dates as grain season is coming up. In the Pacific we see steel cargoes ex N. China being fixed in region of $ 5k for SE Asia destinations while the Indo coal cargos destined for India are being fixed in region of $ 7-8k. We do expect the period market to become more active going forward due to the increased spot activity.
Panamax
Commenting on Panamax, Fearnleys AS said that, It is all about ECSA grain where Owners are bagging well into the 12 + 200 range bss APS. Charters now picking tonnage at mid 7.000 level bss delivery India with an increasing waiting time in ECSA. Even owners with fronthaul candidates Skaw/Gib see above 10.000 for trips via ECSA. The push for grain traders has also beefed the period market back alive, where 4-7 months are done in the mid 7.000 range. So much for the good news. Transatlantic business is fairly slow with rates hovering around unexciting 4.000 /Day. According to Fearnleys AS, the eastern hemisphere is moving sideways with a subdued injection of fresh requirements. Typical Pacific business, NOPAC, Aussie or Indo rounds are fixed in the 5-6.000 range, depending on spec and position. Fundamentally there are no major changes with oversupply being the prevailing challenge. Major miners and steel producers are seeking freight support for medium and long COA´s, indicating we could be on the bottom of a long low trend.
Capesize
The cape market remains flat with little indication that it will improve any time soon. Fearnleys AS noted on Cape that, West Australia remains at $ 4.40 pmt level, and the Brazil to China route is wobbling around $ 10.00 pmt. Also the period market has disappeared. The long awaited Q2 is in sight but not translating into increased volumes. The Q1 volumes tend to be lower due to the rainy season in Brazil and cyclone season in Australia, but this year there has been a drought in Brazil and dry in Australia, and as such Q2 volumes will not improve due to better weather conditions. So where can we look for positive signs. Well, in the 100-200 000 dwt segment the deletions (scrapping) outweigh the deliveries by about 2 million dwt. In the larger segment 200000 dwt plus, the deliveries still outweigh the deletions. In finite numbers, 30 capers have been scrapped to date, compared with a total in 2014 of 29 units.
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Wednesday, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week.
The 4Q swap was decli ...
Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...
Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...
Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...
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- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Parliament of New Zealand
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- Planning Commission, India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
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- Baramulti Group, Indonesia
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- Ministry of Transport, Egypt
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- Bulk Trading Sa - Switzerland
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
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- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
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- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
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- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Commonwealth Bank - Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- New Zealand Coal & Carbon
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- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
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- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
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- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
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- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
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- Wood Mackenzie - Singapore
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- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
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- Indian Energy Exchange, India
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- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
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- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Chamber of Mines of South Africa
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- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
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- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
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- Bangladesh Power Developement Board
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- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
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