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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
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