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Thursday, 19 May 16
AUSTRALIAN IRON ORE CARGOES PUSHED UP THE FREIGHT RATES FOR CAPE THIS WEEK - FEARNLEYS
Cape
It has been a big jump in the freight rates for Cape size this week, says Fearnleys in its latest weekly report. All of the Australian iron ore miners have been very active, which has pushed up the freight on west Aussie/China route from around USD 3.50 pmt to USD 4.50 pmt.
Fearnleys further noted that it does seem that the Australian miners are trying to sell as much as possible of the iron ore while the iron ore prices are good. Presently iron ore prices are around USD 55 pmt, but all the miners expect the iron ore prices to drop to considerable lower levels in months to come. The Atlantic market has not seen the same increase in activity, but also here the freight rates have pushed up. The average of the 5 TC routes have gone from mid USD 5000 to high USD 7000.
Panamax
Commenting on Panamax size ships Fearnleys says, following some early week holidays, the week got to a slow start coming from a sideways moving market. However, overall the tendency is slightly positive with futures reported somewhat above last done in both hemispheres. In the Atlantic, some Charterers have had to pay up considerably to cover their requirements, and futures are done both in the stronger 6k' and 7k's on T/C. Voyage rates are not firming up to the same extent through. ECSA grains are still active with 7400+240k done on LME basis APS. Business in the Pacific is repeatedly done well into the 5k range, either for NOPAC, Aussie or Indo rounds. Short period in the mid 5k's and even fair 6250 now done on a Kamasarmax for a year, delivery Singapore.
Handy
It was a slow start to the week with holidays in most European countries out for holiday, commented Fearnleys on Handy-size ships. “ We see trips from the Med to the US fixing in region of USD 4500 and the return leg into Med at around USD 10k”, says Fearnleys. In the Pacific, Fearnleys commented, we see the same stand-off as last week with big gaps between bid/ask. Singapore/ China being fixed at around 5k and destination India at 6.5k. Period market been quite except for some shorter periods concluded end last week in the 6's.
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Monday, 13 June 16
BALTIC INDEX FLAT, INDEX FOR CAPE RISE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities flat this past week. The freight market was almost same l ...
Friday, 10 June 16
INDONESIAN 6322 GAR COAL PRICE REFERENCE RISES TO $51.81 A TON
COALspot.com: The Indonesia Coal Benchmark Price increased in June 2016.
The Director General of Mineral and Coal of Indonesia, the regulator ...
Friday, 10 June 16
WEEKLY U.S. COAL PRODUCTION TOTALED AN ESTIMATED 12 MMST IN THE WEEK ENDED JUNE 4, UP 4% W/W - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 12 million short tons (mmst ...
Wednesday, 08 June 16
BPI ACHIEVES FINANCIAL CLOSE FOR ITS 2000 MW POWER PROJECT IN CENTRAL JAVA
COALspot.com: PT Bhimasena Power Indonesia (BPI) on June 6th, 2016 Achieves financial close for its 2x1,000 MW power project in Batang Regency, Cen ...
Wednesday, 08 June 16
U.S COAL IMPORTS ARE PROJECTED TO BE 12 MMST IN 2016 AND 11 MMST IN 2017 - EIA
Coal Supply
U.S. coal production in May was 50 million short tons (MMst), a 4 MMst (10%) increase from the previous month but 19 MMst (28%) lower ...
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- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- White Energy Company Limited
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
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