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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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Monday, 04 April 16
CAPE INDEX JUMPED 70% WEEK ON WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 01 April 16
ASSESSING THE DRY BULK MARKET AT ROCK BOTTOM - CLARKSONS
While the opening months of the year are typically a weak period for the dry bulk market, the downturn so far this year has been severe. Earnings h ...
Friday, 01 April 16
NINE AM - TIME TO GET AN INDONESIAN LANGUAGE VERSION OF YOUR CHARTERPARTIES - CLYDE & CO
KNOWLEDGE TO ELEVATE
For several years, Indonesian law (Article 31, Law Number 24 of 2009) has required that memoranda of understanding (" ...
Friday, 01 April 16
U.S. COAL PRODUCTION UP SLIGHTLY WEEK OVER WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.6 million shor ...
Thursday, 31 March 16
CAPE: ANOTHER UNEVENTFUL WEEK WITH FIXTURES CONCLUDED AT LAST DONE LEVELS - FEARNLEYS
Cape
Another uneventful week with fixtures concluded at last done levels, CS levels remain around the USD 3 mark, whilst C3 is still just short o ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
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- Minerals Council of Australia
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- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
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- Australian Coal Association
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- Sical Logistics Limited - India
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- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
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- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
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- Bukit Baiduri Energy - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
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- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
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- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
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- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
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- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
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- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
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- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
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- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- New Zealand Coal & Carbon
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- Globalindo Alam Lestari - Indonesia
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- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
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- Parliament of New Zealand
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Transport, Egypt
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- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
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- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
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- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Planning Commission, India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
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- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
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