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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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Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
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