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Thursday, 21 April 16
PANAMAX: A VERY HEALTHY NORTH ATLANTIC FOR BOTH ROUNDS AND FRONTHAUL
Capesize
Correcting after last week's quadrupling.
This year's highest daily average of USD 8000 came on the back of substantial prompt Iron Ore volumes appearing on the main conference trades ex W. Australia and Brazil to China, and proved short-lived as major players started profit-taking, said Fearnleys in its latest weekly report.
Indications are, however, this market may have more short-term legs as other major operators foresee steady demand flows. The number of idle units is still considerable, and will in any case affectively curb any dramatic improvement. Period interest and consequent levels improving as FFA's support, with USD 8000 done for 2011-build 175,000-tonner basis 5-8 months delivery China end April.
Panamax
According to Fearnleys, one of the world’s leading shipbroker, a very healthy North Atlantic for Panamax for both rounds and front haul.
US$ 8000, and even well above 10k+300k GBB, or just about $6000 bss India-Singapore delivery. A relevant question is whether there will be another push from the ECSA grains. Meanwhile, Australia rounds have been concluded well into the US$ 6000 level but pressure is on S.E. Asia positions for Indo/India or S. China rounds where fixtures apparently are done closer to $5000. With a slightly toppish sentiment, the forward curved has lost some strength to be short/medium period in the mid/upper $5000 range.
Supramax
Commenting on Supramax, Fearnleys says a week of mixed signals across both hemispheres. The ECSA market is cooling off but still fetching good levels. USG front hauls firming with $13,500 being done for Umax to Korea. In the MEG, the market is tightening up with a steady flow of fertilizer and mineral cargoes destined for China and USG. This again leads to pressure on the S. African market back to China where vessels are fixing $7000 DOP WC India. The general feeling for the market in the Eastern hemisphere is "toppish". In the North Atlantic the tonnage is scarce and charterers have to pay up. A 58000 dwt was rumored to be fixed at $12000 DOP North Continent for scrap to Med. The period market is still active with high $5000 for Smax and low $6000 for Umax Feast delivery.
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Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for t ...
Friday, 13 January 17
U.S. COAL PRICES TO INCREASE IN 2017 AND IN 2018 - EIA
Coal Supply
EIA estimates that U.S. coal production declined by 158 million short tons (MMst) (18%) in 2016, to 739 MMst, which would be the lowe ...
Friday, 13 January 17
U.S. COAL IMPORTS IN THIRD QUARTER 2016 TOTALED 2.7 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.8 million short ton ...
Thursday, 12 January 17
ASIA: COAL'S FUTURE - BENJAMIN SPORTON
As economies develop and the United Nations’ Sustainable Development Goals (SDGs) are realised, demand for energy will increase as more peopl ...
Wednesday, 11 January 17
MARKET INSIGHT - GEORGE DERMATIS
A new year has dawned upon us and it sure promises to be an exciting one which makes it practically impossible to resist the challenge of making a ...
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- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- PTC India Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
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