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Thursday, 20 October 16
A SUPRAMAX HAVE BEEN FIXED AT $12,500 FOR A INDIA TO BANGLADESH TRIP - FEARNLEYS
Supramax
A bit more activities with modest upturn in rates.
According to Fearnleys weekly report, US Gulf trip to Skaw-Passero has seen constant increase in rates on average 9k, mostly due to lack of tonnage in ECSA and US Gulf. Rates en route Cont to US Gulf still weak but have stayed more stable during the week with average rates being around 5,5k.
On the front haul 56k dwt supra have been fixed at 12,5k for trip to India-Bangladesh with delivery in Canakkale, said Fearnleys in its latest weekly report.
Supramaxes for Indo coal trips to China delivery Singapore are fixing around 7k, while trips from N China to SE Asia is paying around high 5k for Supras and low/mid 6k for Ultramaxes. Levels for Supras with delivery PG for trips to SE Asia is around 6k, while trips from same destination to China has been concluded around 5k.
Panamax
The Oslo based ship broker commented on Panamax "Firm and moving up".
According to weekly report, the last week's positive sentiment continues in both hemispheres, perhaps even stronger in the Atlantic with fresh requirements out numbering the list of open positions.
Short hauls Ex Cont and Med has reached US$ 10K level for good units. T/A in general hovering around 8K+. Fronthaul above 12K alt above 11K and 300 GBB for USG -->Far East. However, the broker said, shorter trips out pays even better.
ECSA activity was low but pays 8K +300 GBB average. Good activity and strong numbers as well in the Pacfic, with Pacific runs well into the 7’s and NOAPC rounds even up to 8K for good units' bss Japan. Period interest was improving with KMAX done at mid/upper 7K’s for 5-7 or similar. Interest in longer period was increasing. Q 4 is here.
Capesize
Front haul rates dropping as Brazil stems for November missing. C3 have been fixed at USD 11.35 pmt and offered over meaning the rout is down more than 1 USD from last week. Atlantic also weaker as the vessel count is increasing. On a positive note west Australia volumes are good, but levels under pressure as sentiment shifted, says Fearnleys.
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Sunday, 04 December 16
U.S. WEEKLY COAL OUTPUT DECLINED 11.9% W/E 26 NOV; UP 1.4% Y/Y, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.2 million short ton ...
Thursday, 01 December 16
OIL PRICES MAY SEE LITTLE GROWTH BEFORE 2018, FITCH RATINGS SAYS
High inventories and the potential for US shale production to respond quickly to any market tightening mean oil prices may flat line in 2017 before ...
Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and prod ...
Thursday, 01 December 16
ANOTHER WONDERFUL WEEK FOR PANAMAX - FEARNLEY
Supramax
A slower start to the week in the Pacific compared to last Trips from N. China to S. China is paying in the range of low USD 5k, while I ...
Tuesday, 29 November 16
AUSTRALIA'S PORT OF NEWCASTLE SHIPPED 13.08 MT OF COAL IN OCTOBER; DOWN 10.39% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,124.7 Mi ...
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