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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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Friday, 15 April 16
U.S WEEKLY COAL OUTPUT FALLS ACROSS ALL BASINS - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.2 million short tons (mm ...
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...
Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...
Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mine ...
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- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
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