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Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in the mid 3's. According to Fearnleys, Tubarao/Quingdao was approaching upper USD 6's, being a considerable improvement from mid USD 5's only a couple of weeks ago. Period rates are finally improving as well, with present one-year rates for nice ships slowly approaching Opex levels.
Panamax
Meanwhile, in the Panamax sector, Fearnleys said that, we have experienced a week with rates firming in both hemishepheres. The levels are still slow, but the TA market is up about 37.5% in one week.
Fearnleys also noted that, the reason behind the increase is mainly caused by the grain season in ECSA. Ballasters are snapping up the cargoes, but this again leads to pressure on the rates for north Atlantic trades. Baltic Index is mid-week showing USD 9275 for front haul basis Continent delivery. We are however in the belief that owners will not sail out for under 10K. In the pacific, we see Aussie / India Cargoes being fixed in the mid 4's. Some short period fixtures have been reported in region of USD 5500 delivery Far East.
Supramax
Fearnleys added that, It has been a mixed week for Supramax sector. With the exception of the USG, all routes have improved. Despite China being off on Monday, there was a significant push early in the week, but this now seems to be running out of steam. Rate wise we are seeing USD 6000's for Singapore to India, and USD 5000's for Pacific rounds. Short period is trading around USD 5000 for Supras.
Fearnleys concluded by noting that, volume in both the basins is still healthy but the pressure is off the rates for Supras
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Monday, 11 April 16
BDI ROSE TO ITS HIGHEST LEVEL IN FOUR MONTHS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 08 April 16
COASTAL ENERGEN CROSSES GENERATION OF 1068 MW AND EXPORT OF 1004 MW FROM ITS 1200 MW IPP
COALspot.com: Coal & Oil (C&O) Group, an India centric Energy & Infrastructure company announced that their Coastal Energen' ...
Friday, 08 April 16
WEEKLY US COAL PRODUCTION ESTIMATES DIP 5.4% TO 11 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11 million short ...
Friday, 08 April 16
MINISTER OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO ISSUE REGULATION TO GUARANTEE THE COAL SUPPLY TO ITS 35K POWER PLANT PROJECTS
COALspot.com: In order to guarantee the supply of coal for 35,000 megawatt (mw) coal based power plants ( still in planning stage), the Minister of ...
Thursday, 07 April 16
CHINA STEEL CAPACITY CUTS FACE SOCIAL, FINANCIAL HURDLES - FITCH RATINGS
Fitch Ratings says today that the Chinese government's supply-side reform of the steel sector faces immense social and financial challenges. Th ...
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- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Bhushan Steel Limited - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
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