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Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
 Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fearnleys, an Oslo based shipbroker continent is encountering weak tonnage supply. Supramxs are seeing around $11,000 for Baltic to India and around $6000 to US Gulf. A 56,000-tonner has seen around $8,000 from the east Mediterranean to the US Gulf-Caribbean. In the Pacific Supramaxes are fixing trips with delivery Singapore via Indonesia to China for around mid USD 7k. While trips from N. China to SE Asia is paying somewhere in the low USD 6’ks and market is softening as owners are keen on fixing their ships before Chinese Holidays in October. For Ultramaxes Nopac RV is in the region of USD 7k, while the short period market in the same area is a few hundred dollars above RV levels.
Panamax
Fearnleys says, a good start to the week with Cape splits continuing to assist rates in both hemispheres. TA's are fixing excess USD 5,600 on time charter trips, however the voyage rates are lagging and paying much less. Mid week it seems to be cooling off with chrteres holding back. In the Pacific we see a pretty stable market hovering around mid USD 6k for the rounds and 7k was done for a NoPac round. Chinese holidays approaching and it seems some owners wants to fix now and not wait till next week. The ECSA front hauls were done well above USD 8,300 + 330k early week while mid week gradually falling to about USD 8k + USD 300k. The period short/medium market periods at around USD mid 6 to low 7k, however interest gradually falling.
Capesize
Another volatile week in the Capesize market. According to broker Fearnleys, the freight rates on WC Aussie/China route have gone from the mid USD 6 pmt to high USD 5 pmt level. The activity from west Aussie have been limited and it seems to be the main reason for the decrease in rates.
Brazil/China have moved from high USD 12 pmt to around USD 12 pmt mark - also on this route the activity have been limited. The average cape rates on TC have gone from around USD 15,000 down to USD 13,000 level.
The next week is expected to be quiet as China is off on holidays and freight rates might continue to slide. However it is still careful optimism in the market for the next month or two Fearnleys concluded.
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Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month no ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
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- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- The University of Queensland
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
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