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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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Tuesday, 08 December 15
HOW TO MITIGATE LEGAL RISKS WHEN PURCHASING BUNKERS - LESSONS LEARNED FROM THE OW BUNKER COLLAPSE - THE SWEDISH CLUB
KNOWLEDGE TO ELEVATE
About a year has passed since OW Bunker & Trading A/S filed for bankruptcy. The collapse shows that there are signifi ...
Monday, 07 December 15
5000 GAR CS (I) COAL INDEX REMAIN THE SAME OVER LAST WEEK
COALspot.com: The 5000 GAR CS (i) coal index remain the same over last week.
According to the CS (i) coal (system generated) index, the CS 50 ...
Monday, 07 December 15
COAL DEMAND IN 2016 FAILS TO SUPPORT PRICES; CFR SOUTH CHINA COAL SWAPS SEEN AT $US 42 A TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 1.70 (3.88%) per ton month over month.
A commodity swap ...
Sunday, 06 December 15
THE BDI DECLINED BY 3.09 PERCENT TO 563 POINTS ON 4 DECEMBER
COALspot.com: The BDI declined by 3.09 percent to 563 points on 4 December 2015.
The Cape index was also declined by 10.01 percent to 890 poin ...
Sunday, 06 December 15
DRY BULK MARKET ON REVERSE MODE, SET TO BREAK NEW ALL-TIME LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been the negative “star” of the shipping industry for quite some time. In fact if it wasn’t for the boomi ...
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- The University of Queensland
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
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