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Friday, 05 August 16
CAPESIZE : RATES ARE REMAINING AT DEPRESSING LEVELS DUE TO LACK OF FRESH CARGOES - FEARNLEYS
Supramax
Last week has been one of the slowest for some time with rates under pressure in most areas.
In its latest weekly report, shipbroker Fearnleys noted that the BSI ending up with 660 points and with average TC value at USD 6,902. Atlantic has been performing poorly and the Asian rates are not better off. A 53,889-dwt has been fixed for a trip from Santos to West Africa around USD9,000 daily.
Fearnleys further noted, In Far East 61-65,000-dwt has been fixed with coal del East Coast India to China USD5250 daily. Continent/Baltic continues with weak supply of vessels and owners remain with a desire to stay in Atlantic rather than going to Far East. Fertilizer business seeing rates around USD18 for 30,000t from Baltic to Brazil and for Baltic to U.S Gulf with 60,000t around USD11.
Panamax
Meanwhile, in the Panamax market this week, Fearnleys noted that over the last week the Atlantic rates have dropped despite a decent flow of fresh cargoes. Fertilizer from Baltic to Usg paying arnd 10 USD for 60.000 5 pct stem. It went on to add that, Owners not really there to face the low levels yet. Ta rounds now being fixed in the low 5 k. Grain volumes still good but rates softening also here. ECSA / feast fronthauls being fixed at 17,50 -18 USD for end august beg Sept. Aps ECSA rates typically ard 7500 + 230 bb.
Meanwhile, Pacific dropping further and Aussie/ China rounds being fixed in the mid 5 k. Indo/India coal covered in the mid upper 6k. Nopac rounds paying around 5 k for a Panamax while a good Kamsarmax touch 6 k. Limited period business reported. 1 year should pay arnd high 5 maybe 6 k.
Capesize
Fearnleys brokers said, there is a lack of fresh cargoes and consequently rates are remaining at depressing levels. In the Pacific there is a steady demand out of West Australia but freight rates have been dropping slowly to present levels around USD 3,8 pmt. In Atlantic, demand is weak resulting in owners keeping their ships waiting rather than accepting rates below operational expenses.
With the European holiday season coming up, a sudden recovery seems unlikely, Fearnleys concluded.
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Monday, 12 September 16
THE CAPE MARKET HAS GAINS ON WEEK; THE CAPE INDEX SETTLING AT 1566 POINTS ON FRIDAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...
Friday, 09 September 16
U.S. WEEKLY COAL OUTPUT DECLINED SLIGHTLY TO 16.1 MMST, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Friday, 09 September 16
CAPESIZE: THE SENTIMENT IS SOLID, SAYS FEARNLEYS
Supramax
A quiet start with Labour Day celebrations in the United States leading to very little being reported from the Atlantic basin. Supramaxe ...
Thursday, 08 September 16
U.S. COAL EXPORTS IN JUNE 2016 UP 29% COMPARED TO MAY 2016, SAYS EIA
U.S. coal production in August was 71 million short tons (MMst), which is 6 MMst (9%) higher than in the previous month and 12 MMst (14%) lower tha ...
Wednesday, 07 September 16
WEEKLY MARKET (TANKER) REPORT - INTERMODAL
What goes around comes around! The Shipping industry is infamous for its seasonality and cyclicality and the tanker sector is no exception to these ...
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- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Australian Coal Association
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
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- Parry Sugars Refinery, India
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- Economic Council, Georgia
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- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
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- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- The University of Queensland
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
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