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Thursday, 18 August 16
CAPESIZE: AN EXTREMELY VOLATILE LAST WEEK, WHERE THE MAIN DRIVER HAS BEEN THE WEST AUSTRALIA MARKET
 Supramax
The week has held up. After the most of the world is back at work there is some optimism again in the market. The Far East volume has increased as well as the freight rates, says Fearnleys in its latest weekly report. In the Atlantic there is a fair amount of activity and it is especially the USG market where demand for end August loaders has grown, fuelling the market. The same can be said for grain from the Black Sea to India and Bangladesh, but concerns about the monsoon season are holding owners back. The period market remains quiet.
Panamax
According to Oslo based ship broker Fearnleys, the early week holidays reducing trading and leaving market direction vague and a bit toppish. However, from mid week it seems front haul from USG and Black Sea is still driving the sentiment and lifting the Atlantic levels close to 6.000 for T/A and 11.000 for long trips out.
The broker further noted that, fine tuned and tight for tonnage on the Continent giving owners a premium for short T/A runs or front haul. Firming up in the Eastern Hemisphere led by fresh Indo- and Aussie rounds paying on average mid 5’s up to low 6K. NOPAC activity a bit scarce with an increase in open positions ppt onw who will need further fresh requirements to hold that market up. Period activity and levels unchanged, with owners talking 6K + for short/medium but not much reported.
Capesize
Commenting on Cape size ships, Fearnleys says that, an extremely volatile last week, where the main driver has been the west Australia market. Freight rates moved from very low USD 4 pmt level to very high USD 4 pmt level at the end of last week. However, Fearnleys noted, now mid week the freight rates on west Australia have dropped below the mid USD 4 pmt level again. The Atlantic market did not support the activity level and the increase in freight levels which we saw in the Pacific and on west Australia.
According to Fearnleys, the Brazil to China route has remained just above USD 9 pmt level. So main focus remains on the active and volatile west Australia market now that we enter the autumn months which seasonally have strong activity, hopefully freight rates could follow up if activities increase.
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Monday, 25 July 16
THE BDI FELL ON WEAKER RATES FOR CAPESIZE & PANAMAX VESSELS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape and Panamax segments ending in neg ...
Friday, 22 July 16
U.S COAL OUTPUT ROSE 17.2% WEEK OVER WEEK - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 15.1 million short tons (mms ...
Thursday, 21 July 16
WHAT TO DO WHEN YOU DON'T GET PAID - SHIPOWNERS CLUB
Present market conditions have led to an increase in claims related to unpaid hire. To recover unpaid hire, Owners need to fully understand who the ...
Thursday, 21 July 16
CONSTRUCTIVE TOTAL LOSS: WHAT GOES IN TO CALCULATING QUANTUM? - HILL DICKINSON
KNOWLEDGE TO ELEVATE
The Commercial Court recently delivered its judgment in an important case (Connect Shipping Inc and Machrimar Management ...
Wednesday, 20 July 16
EDIBLE OIL MARKETS ACROSS THE GLOBE REMAIN UNDER PRESSURE - STELIOS KOLLINTZAS
The edible oil markets across the globe remain under pressure on the back of lackluster demand. Some of the main factors causing the low activity a ...
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- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Planning Commission, India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
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