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Thursday, 09 April 15
CAPESIZE: RATES ARE STILL DISAPPOINTING - FEARNLEYS
Handy
The handy market had a stronger sentiment before the Easter holidays, but have as the bigger panamaxes seen a softening tendency this week. According to Fearnleys, it is less cargoes in the market and a growing list of available tonnage in both hemispheres. The TA´s are now being fixed in region of USD 6800 while the Pac rounds are fixing in the low 6k´s. The ECSA market, which gave a push before Easter, is now slower, and a 55k dwt was reported to have done USD 12,500 for trip back to Continent mid-week. The period market is suffering from less spot activity and little has been concluded. Owners with good specs and Feast delivery still asking a nine in front for the shorter periods and seeing charterers there in the low 8´s.
Panamax
The Fearnleys ship broker further noted that, after a quiet Easter we expected activity to pick up this week, but this has not happened so far. The Atlantic is flat, where trans-Atlantic rounds continue around USD 4,500 per day. In the Pacific, the trend is once again down. We are now back to fixing aps delivery for nopac and the Pacific round is now paying around USD 4,000. Prior Easter we saw increased activity and rates in ECSA, but this positive sentiment is also gone and rates are back down to below USD 12000+200,000 BB for ECSA fronthauls. According to broker, the period market is weak; signaling that not many market players has much faith in this market. A panamax was fixed in the low 6000´s for a one-year period; however, modern tonnage can achieve a bit more.
Capesize
Commenting on Capes, Fearnleys says, rates are still disappointing, as in other dry segments. There is still no prospects for improvement for the near future and activity remains very low. Tubarao/Qingdao freight rates are presently below USD 10 and West Australia to China are in the low to mid 4 region, which they have been for some time.
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Friday, 10 April 15
US COAL PRODUCTION FELL 4.7% W-O-W : EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...
Friday, 10 April 15
DRY BULK MARKET'S DOWNFALL ALSO OFFER INVESTMENT BARGAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk market rates have fallen to historical lows over the past few weeks, with no clear path of recovery, at least in the near term. As such, m ...
Wednesday, 08 April 15
DRY BULK MARKET SEEMS UNABLE TO CATCH A BREAK - INTERMODAL
COALspot.com: The Dry Bulk market seems unable to catch a break these days.
According to Intermodal, following the market stabilization that p ...
Wednesday, 08 April 15
CHINA BURNS HALF OF THE WORLD'S COAL - CHRISTOPHER T. WHITTY
Intermodal Weekly Market Update
China is the world's largest consumer of coal, using more coal each year than the United States, the Europ ...
Tuesday, 07 April 15
SUB-BIT FOB INDONESIA COAL SWAP KEEPS DROPPING; DROPPED 2% W-W
COALspot.com: Indonesian coal swap for delivery Q2 2015 declined month on month and week over week.
The Q2 swap was declined US$ 2.44 (5.14%) ...
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- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Australian Coal Association
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Economic Council, Georgia
- White Energy Company Limited
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
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