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Friday, 15 April 16
PANAMAX MARKET CONTINUES TO FIRM - FEARNLEYS
 Cape
It has been a positive freight market for the past few weeks, however, this week the market is taking a small breather, says Fearnleys in its latest weekly report. According to the broker, the activity level has dropped and freight rates followed. The main driver of the latest market increases has been the high activity from the west Australian mining companies.
Fearnleys further noted that, this week the activity on this route have slowed down, and the WC Aussie/China freight level have dropped ROM around US$ 4 pmt to US$ 3.70 pmt. Though the Atlantic market is also showing more positive tendencies, with higher activity and increased freight rates. despite a small dip down again nopw in the Cape market, it is for the first this year a bit more optimism in the market.
Panamax
Commenting on Panamax Fearnleys says, the Panamax market continues to firm in both hemispheres this week. The grain season out of ECSA is the main driver, and has again put pressure on the North Atlantic. It was rumored mid week a Kmax had fixed 11k APS SW pass for a tct to Continent. Another Kmax fixed US$ 6650 retro Spore for ECSA/Feast while NoPax rounds are being fixed in the low/mid 4k. The lack of early ships force charterers to fix ballasters and if we take into consideration the number of ships that are tied up in the long duration of ESCA/Feast, we do believe in a firm couple of weeks ahead of us. The period market is back into play and kmax fixed at US$ 6300 for about 11/15 mos.
Supramax
Supramax, according to Fearnleys, numbers have improved across the board. Notably grains from East Coast South America are commanding high numbers. Also positions on the continent are getting big numbers for scrap cargo. The USG market which was lagging has now turned the corner and now paying improved numbers albeit the cargos are mainly petcoke. The short period market is still relatively active and good units now can expect to achieve something starting with a US$ 6 in front.
The transaction volume in the East is slowing leading players to believe we may have reached a temporary top, says Fearnleys.
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Saturday, 26 June 21
KOSPO INVITED BIDS FOR 480,000 MT OF COAL PER ANNUM
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 480,000 MT of NCV 1 Min. 5,600 (Spec 1) /Min. 5,0 ...
Thursday, 24 June 21
FEBRUARY'S INCREASE IN COAL-FIRED ELECTRIC GENERATION REDUCED U.S. COAL STOCKPILES - EIA
Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in Feb ...
Wednesday, 23 June 21
MARKET INSIGHT - INTERMODAL
The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong ma ...
Thursday, 17 June 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR GLOBAL SEABORNE COAL TRADE; CHINA'S COAL IMPORTS - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade.
Total global loadings in the 12 months of 2020 were down -12 ...
Thursday, 17 June 21
FITCH RATINGS RAISES SHORT-TERM OIL AND GAS PRICE ASSUMPTIONS
Fitch Ratings has increased its 2021 and 2022 oil price assumptions for the Brent and West Texas Intermediate (WTI) benchmarks due to stronger year ...
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- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
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- Planning Commission, India
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- Mercuria Energy - Indonesia
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- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
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- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
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- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
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- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
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- Directorate General of MIneral and Coal - Indonesia
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- Coalindo Energy - Indonesia
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- Economic Council, Georgia
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- The University of Queensland
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- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
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- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
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- Star Paper Mills Limited - India
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- White Energy Company Limited
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
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- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- European Bulk Services B.V. - Netherlands
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- Bulk Trading Sa - Switzerland
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- Petrochimia International Co. Ltd.- Taiwan
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- SMC Global Power, Philippines
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- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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