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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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Monday, 07 October 13
Q3'14 SUB-BIT FOB INDONESIA COAL SWAP CLOSED 6.53% HIGHER THAN Q4'13
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery gained 0.53 % on day and fell 2.33 percept month on month ...
Sunday, 06 October 13
DRY BULK FREIGHT MARKET STAYS STEADY IN SPITE CHINESE HOLIDAYS - SOLYM CARRIERS SINGAPORE
COALspot.com: The freight market continued to remain firm in spite of Chinese holidays.
The BDI closed at 2,084 points on Friday 4 October or up ...
Saturday, 05 October 13
CAPESIZE EARNINGS SKYROCKET AS A RESULT OF INCREASED CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
An increased iron ore demand has triggered this latest dry bulk rally, which could get yet another boost during next week, when China is expected to ...
Friday, 04 October 13
NICKEL ORE SHIPMENTS - LESSONS LEARNED FROM LOSSES
One of the most pressing problems for the bulk shipping industry is the safe carriage of nickel ore. The increasing demand for this commodity is fue ...
Friday, 04 October 13
US COAL PRODUCTION UP 2.1% WEEK ON WEEK - EIA
COALspot.com – United States the world’s second largest coal producer produced approximately 19.70 million short tons (mmst) of coal in ...
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- Singapore Mercantile Exchange
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- Heidelberg Cement - Germany
- Parliament of New Zealand
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- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
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- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
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- Energy Development Corp, Philippines
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- Directorate Of Revenue Intelligence - India
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- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Ministry of Transport, Egypt
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- Lanco Infratech Ltd - India
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- Mjunction Services Limited - India
- The University of Queensland
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- Latin American Coal - Colombia
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- Semirara Mining and Power Corporation, Philippines
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- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
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- SMC Global Power, Philippines
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- Renaissance Capital - South Africa
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- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
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- Petrochimia International Co. Ltd.- Taiwan
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- LBH Netherlands Bv - Netherlands
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- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
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- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
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- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
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- Globalindo Alam Lestari - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Economic Council, Georgia
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- London Commodity Brokers - England
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- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
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