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Thursday, 15 September 16
CAPESIZE: LAST WEEK ENDED ON A VERY STRONG NOTE MAINLY DRIVEN BY A ACTIVE BRAZIL MARKET - FEARNLYS
Supramax
With holidays in the eastern hemisphere beginning this week, the sentiment and activity level has been decreasing.
In the Pacific, Supramaxes achieving around USD high 6’s/7k for coal trips del Singapore via Indonesia to China, says Fearnleys in its latest weekly report. Trips from USG with petcoke to India is paying around USD 13k and low 12k’s for Singapore/Japan redelivery on Supramaxes.
Levels for fronthauls via ECSA is around low 11k+130k for Ultramaxes to South East Asia and low 10k+130k for Supramaxes to India/Bangladesh. For trip via ECSA to Continent Ultramaxes are fixed around 9k. Supramaxes are seeing levels around 9k for trip via Black Sea to PG/India. The period activity has been scarce, but we do expect more activity next week.
Panamax
Commenting on Panamax, Fearnleys, an Oslo based broker says, the seasonal Q4 upswing is not in sight, leaving a sluggish sentiment. Added by a variety of holidays in the Far East, shaving trading volumes.
The broker further says, the Atlantic basin is getting battered by less fresh requirements and a growing list of open positions. Charterers not eager to pull the trigger and T/A rounds on voyage far under the index at abt 4.500 on T/C. Fronthaul from USG leaving the 10 + 250 level with less volumes than expected so far. ECSA long hauls at about 7500 + 250 on reduced volumes. Eastern hemisphere started firm but turning sour mid week. NOPAC rounds sliding from upper 6’s early week to upper 5’s mid week. Less interest in period with an uninspiring forward curve hovering arnd 5750 for the LME next 12 months.
Capesize
Last week ended on a very strong note mainly driven by a active Brazil market, the Fearnlys noted.
Vale was picking a healthy amount of vessels and this was putting pressure on the rates in both basins. Brazil to China freight rates was close to USD 12 pmt and west Australia/China hit close to USD 6 pmt.
This made the average of the TC market to finally climb above the $10,000 mark. It was seasonally expected a stronger push as we about to enter October, and Brazil production of iron ore was expected to be strong for these months.
As we are mid week, Fearnlyes says, the freight rates have taken a drop and WC Australia is dropped down to around USD 5 pmt mark again. Despite a correction we do expect the next months to be slightly positive, the broker concluded.
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Tuesday, 06 September 16
CAPESIZE: THE PACIFIC BASIN WAS THE MAIN REGION KEEPING UP WITH THE POSITIVE SUPPORT - ALLIED
Capesize
Despite some mixed feelings being seen early on in the week, we managed to see a positive week-on-week close on Friday with some positiv ...
Monday, 05 September 16
INDIA BECAME ADARO'S SECOND LARGEST MARKET IN 1H' 16
COALspot.com: The Wara Balangan blend product has been well received by customers in China and India - AI
In the second quarter of 2 ...
Monday, 05 September 16
POOR FREIGHT RATES DESPITE STRONG DEMAND GROWTH FROM CHINA - BIMCO
Demand
The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing ...
Monday, 05 September 16
FREIGHT RATE FROM INDONESIA TO INDIA IS EXPECTED TO BE FLAT TO SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except ...
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 ...
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- Vizag Seaport Private Limited - India
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- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
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- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
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- Bahari Cakrawala Sebuku - Indonesia
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- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
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- Tata Chemicals Ltd - India
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- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
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- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
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- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
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- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
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- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
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- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
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- Planning Commission, India
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- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Central Electricity Authority - India
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- Makarim & Taira - Indonesia
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- Petron Corporation, Philippines
- The Treasury - Australian Government
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- Energy Link Ltd, New Zealand
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- Mercuria Energy - Indonesia
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- Jaiprakash Power Ventures ltd
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- Ministry of Finance - Indonesia
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- PowerSource Philippines DevCo
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- LBH Netherlands Bv - Netherlands
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- Directorate General of MIneral and Coal - Indonesia
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- Altura Mining Limited, Indonesia
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- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
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- Renaissance Capital - South Africa
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- Edison Trading Spa - Italy
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- Bukit Makmur.PT - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
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- Siam City Cement - Thailand
- Australian Coal Association
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- Pipit Mutiara Jaya. PT, Indonesia
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- Indonesian Coal Mining Association
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- Australian Commodity Traders Exchange
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- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
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- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
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- Neyveli Lignite Corporation Ltd, - India
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- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
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- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
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- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
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- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
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- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
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