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Thursday, 17 March 16
THE PANAMAX MARKET SEEMS TO BE A BIT TOPPISH THIS WEEK - FEARNLEYS
Cape
There are challenging days with rates or less unchanged from last week; West Australia to China still below US$ 3 pmt, and Tuarao to China in the upper 5s. In the Atlantic, the need for more cargoes is desperate, Fearnleys says in its latest weekly report.
Panamax
On commenting on Panamax sector, Fearnleys noted that, the Panamax market seems to be a bit toppish this week. The latest increase in rates has been led by elevated volumes and levels from the coming ECSA grain season. A good portion of the fleet is in ballast towards the grain ports, but charterers are holding back on 2nd half April stem to supress the recent rise.
Fearnleys further noted that, FFA's have dropped below 5k for the remainder of the year, which in turn will put pressure on the period market. On another note, we see bunker prices increasing and this will put pressure on the period market. On another note, we see bunker prices increasing and this will not most likely lead to higher USD/mt rates. TA's are now paying excess 3.5k and still a nice premium for breach in INL cargo in Baltic at US$ 4.5- 5k. In the Pacific, rounds are being fixed at mid/high 4k.
Supramax
Supra rates have improved somewhat, says Fearnleys. Vessels are achieving US$ 5000's trips with delivery in South East Asia. In the Atlantic, the rates from South America are firmer, with cargo to Europe commanding about US$ 7000 for the leg. Front haul candidates achieve about US$ 8000 with a 70-80k ballast bonus.
Grain from the USG is about on par with South Africa, but forward business is heavily discounted, and we are not aware why this is, but it shows a lack of confidence in the market. Period is generally inactive as the availability of spot tonnage does not justify paying a premium to secure period cover.
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Wednesday, 27 April 16
INDONESIAN COAL MINER KIDECO REPORTED NET PROFIT OF US$138.1 MILLION IN 2015
COALspot.com: Kideco Jaya Agung, one of the Indonesia's leading coal miners has reported net profit of US$138.1 million on revenue of US$1.65 b ...
Tuesday, 26 April 16
INDONESIA BANNED COAL EXPORTS TO PHILIPPINES BY BARGES DUE TO SECURITY CONCERN
COALspot.com: The Ministry of Energy and Mineral Resources (ESDM) on behalf of the government of Indonesia has Freeze coal exports by barges to Phi ...
Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolitio ...
Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elev ...
Monday, 25 April 16
WEEKLY CS (I) COAL INDICES END ALMOST FLAT
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.05 percent week over week to averaging $38.67 per ton on this past Friday, acco ...
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- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
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