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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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Sunday, 05 April 15
FREIGHT RATES UNDER PRESSURE WEEK OVER WEEK
COALspot.com: The Indices fell on all segments and the market seemed to soften this week.
The BDI was almost lost 1.34% week over week and clo ...
Saturday, 04 April 15
BORYEONG POWER OF KOMIPO TO BUY TOTALED 695K MT OF HIGH AND LCV COAL
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids from coal producers, marketing companies, or traders to supply of 500000 Metr ...
Friday, 03 April 15
U.S WEEKLY COAL PRODUCTION STAYS FLAT
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 18.3 million short ...
Friday, 03 April 15
TOBA BARA'S PANDU SJAHRIR ELECTED AS NEW CHAIRMAN OF THE INDONESIAN COAL MINING ASSOCIATION
COALspot.com: Pandu Sjahrir, the Vice President Director & CFO of the Jakarta-listed PT Toba Bara Sejahtra — a subsidiary of PT Toba Seja ...
Thursday, 02 April 15
GOVERNMENT MUST WORK WITH MINING, NOT AGAINST IT - PANDU SJAHRIR
The Coal Face: The coal price has hit its lowest point in recent memory
My father used to say to me that his children are his biggest inv ...
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- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Australian Coal Association
- The University of Queensland
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
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