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Thursday, 28 April 16
CAPE: BIT MORE OPTIMISM IN THE MARKET; SUPRAMAX: FORWARD CURVE IS FALLING - FEARNLEYS
Cape
A bit of a slower week. Activity level has dropped, though the rates do still remain firm, says Fearnleys in its latest weekly report.
Fearnleys further noted that, after a few weeks with steadily increasing rates and activity, it now seems the market have stabilized at current level. Some of the vessels that been idle have now started trading again due to more acceptable freight levels. This will have an impact on the market, but for now, it seems to keep up well. Owners are a bit more encouraged and some are testing the market for 1 year period asking closer to the 10k mark again. A level we have not seen, more long time, commented Fearnleys in its report. Presently no takers at that level, but it shows there is a bit more optimism in the market.
Panamax
Commenting on Panamax sector Fearnleys says, Northern Atlantic is still quite firm for early ships. Charterers still have to pay around 8 for ton T/A rounds, but will it continue?.
The broker feels the week has been fairly active with new orders in the market in both hemispheres. Nopac, Aussie and Indo rounds in the mid 5's average, good vessel's get mid 6 but seems toppish mid week. Furthermore, ECSA grain charterers are still active, taking ships for front haul at healthy levels USD 7300 + 230-240 k level. The Question is whether this grain driven trend will continue or keep or cease within 1-2 weeks. Some short periods concluded in the low/mid 5's and good Kamsamaxes get 5750 for 1 year now.
Supramax
There are several different Supra markets this week, says Fearnleys. The continent is commanding premiums with vessel ballasting out of the med towards the Continent. The East coast of South America is faltering on the near end of the curve, and USG is driven by pet coke. The Far East is still flattish despite reasonable volume. Period levels in the Atlantic are significantly higher than in the Pacific, but volume is thin.
In general Supramax’s forward curve is falling, broker Fearnleys concluded.
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Wednesday, 11 May 16
MARKET INSIGHT - KATERINA RESTIS
On Saturday 7th May, Riyadh replaced the long-serving oil minister of more than two decades, Ali-Al-Naimi, as part of a major government overhaul, ...
Tuesday, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...
Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...
Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...
Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and a ...
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- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Economic Council, Georgia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
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