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Thursday, 04 February 16
CAPESIZE: WEST AUSTRALIAN TO CHINA HAS BEEN CONCLUDED AT US$ 2.85 PMT AND THE C3 MARKET REMAINS INACTIVE - FEARNLEYS
Capesize
As everyone is getting ready for the Chinese new year, already depressed rates are under further pressure.
According to Fearnleys, West Australian to China has been concluded at US$ 2.85 pmt and the c3 market remains inactive. Period rates for one year remains in the low US$ 5,000s. Owners are exploring the opportunities for laying up tonnage, but so far few ships have actually been laid up.
Panamax
Fearnleys’s this week’s report says, freight rates remain at historically low levels for panamaxes. In the Atlantic basin a decent flow of cargoes have been seen this week but, they covered at rock bottom levels. Only flashes are grains from USG and ECSA paying up from last week.
The broker further added that, the Fertilizer from Baltic to China pending amd mid teens which give the owner less than 5k in return on TC. With the China new year coming up, Fearnleys anticipates the activity to drop further in Feast. Nopac business paying around 2.5 - 3k aps and Aussie/China paying around 3k+40 aps. Some periods with wide spreads concluded and we estimate good panamax obtain 4250 for 6-7 mos up to 1 year now.
There are a lot of insecurity around and many owners have to renegotiate hire rates in order to survive the coming months, Fearnleys says in its latest report.
Supramax
commenting on Supramaxes, Fearnleys says, Suparamaxes do not see any light at the end of the tunnel.
It seems that the market moves in line with the bunker prices and as such has actually see the bottom. With period fixture in the mid US$ 3000's and small movements in the trip rates still in the US$ 1000-1500 level, there is little reason to rejoice.
Having said that, the market can only go one way, and as such we may see upward movements on the back of seasonal demand, but it is unlikely to be sustainable, the broker concluded.
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Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...
Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million shor ...
Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...
Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials ...
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- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- The Treasury - Australian Government
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Planning Commission, India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
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