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Friday, 11 September 15
SHIPPING MARKETS SHOW MIXED EMOTIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has managed to show marginal improvements over the past few days, with the Capesize segment faring better than smaller dry bulk segments, like the Handy and Supra markets. Similarly, the market for Gas Carriers has quieted down after a very busy week. Meanwhile, in the newbuilding market, things may have picked up in the past couple of weeks, but still activity is deemed as rather low.
Commenting on the Capesize market, shipbroker Fearnleys noted that “after a positive start to the week with increased number of cargoes particularly in the east, rates were improving. West Australia to China was up from usd 5,00 to usd 5,50 in short time. However, with a lack of cargoes out of Brazil, the Pacific rates were again under pressure. Period activity has been more or less non existing”.
Meanwhile, in the Panamax market, Fearnleys noted that “so far a relatively quiet week for Panamax with rates coming off in the Atlantic basin. Few fresh requirements and more open tonnage pushing rates down. Alantic rounds pending around USD 6000 midweek and the trend still weakening. ECSA and also USG grain has been the main driver in the fronthaul market and USG paying high 12000 + 270/280 bb this week. Some iore also done lately but same has unfortunately not had any visible impact on the rates. The eastern hemisphere also weakening with less orders activity and falling rates. Indo india coal paying typically 7k, Nopac maybe tic more. Limited period activity, weak paper forecast and expectations it will remain low keep the players off the field”.
In the Handy segment, Fearnleys added that “the handy and supra markets have been sliding the last couple of weeks. We still see the same tendency, but the market seems more positional this week. Out of the USG we see more cargoes coming up for 2nd half September / beg October. This could again lead to a pressure on rates going forward. ECSA is still active with 12k being done for trips to Med. In the Eastern hemisphere we see the same tendency and more orders coming out for NoPac delivery. Short Indo rounds are concluded in region of USD 5k while longer durations destined for India are fixing with an 8 in front. Period market is still present with shorter periods being concluded in region of 7,5k bss Spore delivery”, the shipbroker noted.
Meanwhile, in the Gas tanker segment, Fearnleys said that “after a busy week in the VLGC market last week, things quieted down somewhat this week. Although much so due to industry functions and events taking market players away from their desks, it has also been a matter of the usual wait for acceptances (both for this week and the next). The somewhat limited number of September loaders available in the Middle-East market prior the start of the week, has been further reduced this week with help from India. Two ships has been placed on subs, and another two cargoes are being worked in time of writing. In the Western market, a West Africa FOB has attracted a few traders attention, and one ship has been put on subs here too pending award. The Baltic reference freight route from AG to Japan has been moving sideways with only an increase of about one dollar W-o-W. The biggest headline this week in terms of newbuilding, is the confirmed order of two Panamax 78’s for delivery in 2017 against 10-year time charters to Phillips66″, the shipbroker concluded.
In the newbuilding market, shipbroker Intermodal noted that “despite the recent pick-up in ordering activity that took place in a traditionally quiet time for the market, the newbuilding industry is still going through difficult times, while expectations that sooner rather than later tanker orders should also slow down are growing. In both China and S. Korea a series of shipyards continue to face severe financial problems and while in most cases extensive restructuring plans are trying to tackle operating losses that skyrocketed this year, optimism is admittedly limited, with the recent cut in all of Hyundai, Samsung and Daewoo’s credit ratings, confirming this adverse reality for the S. Korean yards. In terms of newbuilding orders coming to light last week, Nippon Steel & Sumitomo Metal Corporation’s massive order for 9 firm VLOCs was definitely the most notable one, while the fact that all units ordered by the Japanese firm were done so on the back of long T/Cs, makes the size of the order easy to digest, as it has been long since similar dry bulk orders were being inked with no scheduled employment. In terms of recently reported deals Greek owner, Eletson Gas has placed an order for two firm LPG carriers (38,000cbm) and one firm ethylene carrier (12,000cbm) at Hyundai Mipo, in S. Korea, for $51.0m and $38.0m respectively and delivery set in 2017″, the shipbroker concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Tuesday, 17 November 15
FOB NEWCASTLE COAL SWAPS FALL: Q1'16 SLID 11.45% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $4.75 per ton (11.45%) month over month to US$ 36.75 per ton. The swap ...
Monday, 16 November 15
KOMIPO INVITES BIDS FOR 1.295 MILLION TONS OF BITUMINOUS COAL FOR Q1 - Q2'16
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,295,000 Metric Tons (MT) of minimum 4,600 kc ...
Monday, 16 November 15
SOUTH CHINA COAL SWAPS DECLINE CONTINUES THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 6.05 (12.59%) per ton month over month.
A commodity swa ...
Monday, 16 November 15
CLARKSEA INDEX COMPETITION: IS IT ALL IN THE TIMING? - CLARKSONS
Readers of the Shipping Intelligence Weekly are invited each year to predict the value of the ClarkSea Index one year ahead in the first week of No ...
Monday, 16 November 15
DRY BULK MARKET: Q1' 2016 SHAPING UP TO BE A ' DISASTROUS' ONE OF PROJECTED LOWER IRON ORE IMPORTS FROM CHINA
Over the course of the past year or so, it’s been the drop of coal imports from China, which has had a detrimental effect on the course of dr ...
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Showing 2711 to 2715 news of total 6871 |
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- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
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