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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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Friday, 02 September 16
EIA FORECASTS U.S. COAL EXPORTS TO DECLINE BY 19 MMST IN 2016 TO 55 MMST
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3 million sho ...
Thursday, 01 September 16
SUPRAMAX GETTING LEVELS OF MID/HIGHER 7K DELIVERY SINGAPORE FOR TRIPS TO CHINA AND AROUND 9K FOR DIRECTION INDIA - FEARNLEYS
Supramax
This week started slower with London on bank holiday Monday. The south east Asian market seems to have been taking a breather with chart ...
Thursday, 01 September 16
AUSTRALIA'S NEWCASTLE PORT SHIPPED 2.33 PERCENT MORE COAL IN JULY
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1.10 bill ...
Wednesday, 31 August 16
THE DRY BULK MARKET MANAGED TO FIND FURTHER SUPPORT DURING THE LAST DAYS OF THE SUMMER SEASON - INTERMODAL
The Dry Bulk market managed to find further support during the last days of the summer season, with the BDI climbing above 700 last Friday, reachin ...
Tuesday, 30 August 16
THE SUDDEN SURGE IN IRON ORE TRADE HAS CREPT UP ON THE MARKET THIS PAST WEEK - GEORGE LAZARIDIS
The sudden surge in Iron ore trade has crept up on the market this past week bringing about a change in the prospects for Capes. Continued increase ...
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- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- The Treasury - Australian Government
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
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