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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, 13 March 15
ADARO RECORDED A 7% INCREASE IN EBITDA OF $877 MILLION IN 2014
“Coal market continues to be difficult and challenging” – Adaro Energy
The world’s Top 5 thermal coal exporter, ...
Thursday, 12 March 15
CAPESIZE : ACTIVITY IS LOW; PANAMAX: BIT MORE ACTIVITY; HANDY: A FIRMING WEEK
Handy
It has been a firming week in both hemispheres this week and especially in the Pacific, says Fearnleys AS in its week's week report.
...
Thursday, 12 March 15
COAL MINERS REMAIN UNDER PRESSURE AS GLUT CONTINUES - THE JAKARTA POST
Indonesia’s major coal miners reported a significant drop in their earnings last year as the sharp drop in the global demand, mainly from Chi ...
Thursday, 12 March 15
FOB INDONESIA COAL SWAP DROP TO $47.33 A TON IN THE WEEK ENDED MAR.6
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 drop month on month and week over week.
The Q2 swap fell US$ 0.37 (0.78%) month ...
Wednesday, 11 March 15
RICHARDS BAY COAL SWAPS DROP $ 3.65 - 4.0/T W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.
The Q2 swap has fell US$ ...
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- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- PTC India Limited - India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- The University of Queensland
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
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