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Thursday, 27 October 16
PANAMAX: FIRM ATLANTIC; TOPPISH PACIFIC - FEARNLEYS
Supramax
The trend from last week is passed on. ECSA still strong with Supras from N Brazil to Med fixed at $9,000 to $9,500 daily.
According to Fearnleys, Cont and Baltic is encountering numerous cargoes, driving up the rates. Many owners will go to Med, 56,716-dwt allegedly went at $8,750 daily del Skaw, redelivery EMed. Healthy rates on front hauls with Supras achieving 5 digits. Rates for backhaul are still under pressure. Nopac rounds have been fixed around mid 6k for Supramaxes, while Supras from N. China to SEA is getting around mid/high 5k’s.
The Oslo-based broker says in his weekly report, Indo coal runs have softened this week with Supras achieving around mid 6k and same runs to India is paying around high 7k’s. Overall owners are looking to book forward cargoes while market is firm.
Panamax
Atlantic still firm, but Pacific seems toppish?
In the Atlantic, a steady flow of new business is still outnumbering the amounts of open vessels. Short hauls via Baltic/Murmansk remain at USD 10,000’s and trips out from Murmansk done at USD 13,000. Black Sea to Far East fixed at healthy 14,000 on good tonnage whereas front round haul via USG were concluded around 11,000’s + USD 325,000 gbb, the broker noted on Panamax. Fair activity in the Pacific, however, rates seems a bit toppish with Aussie rounds paying about USD 7,000’s. Furthermore, NOPAC rounds are down from mid 7,000’s till just under USD 7,000.
Period fixtures are scares, but mid USD 9,000s done with Atlantic delivery for 5-7 months and similar period with Pacific delivery hovers around mid USD 7,000.
Capesize
Commenting on Cape-size ships, the broker Fearnleys noted that, after taking a serious hit this week, rates are still under pressure. Weaker demand in the Pacific is resulting in more spot ships and ships in ballast. Simultaneously there are hardly any spot iron ore cargoes from Brazil, a situation similar to what happened 4th quarter last year.
The average drop in rates so far this week has been USD 500 - 700 daily but it is still difficult to tell when the floor will be reached, Fearnleys concluded on Cape.
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Tuesday, 18 October 16
PANAMAX: A FAIRLY POSITIVE END TO THE WEEK - ALLIED
Capesize
Things seemed to be moving sideways during the first half of the week, with resistance being felt as owners tried to resist any further ...
Monday, 17 October 16
THE FREIGHT MARKET WAS SOFTENED IN ALL SEGMENTS THIS PAST WEEK - VISTAAR
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 14 October 16
SUPRAMAXES: DELIVERY SINGAPORE ARE SETTLING AROUND HIGH 6K'S FOR COAL TRIPS TO CHINA VIA INDO - FEARNLEY
Supramax
Wait and see attitude prevailing all over the market.
There have been several fresh cargoes, which have been efficiently covered by ...
Friday, 14 October 16
U.S. SHIPPED 3.3 MMST COAL IN JULY 2016; DECLINE 40% M/M
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.6 million short ton ...
Wednesday, 12 October 16
MARKET INSIGHT - LINOS KOGEVINAS
Another Monday has gone by, bringing with it further turbulence for oil. A series of meetings between high-production nations Russia & Saudi Ar ...
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Showing 2251 to 2255 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Altura Mining Limited, Indonesia
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- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
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- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
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- SMG Consultants - Indonesia
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- Chettinad Cement Corporation Ltd - India
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- The Treasury - Australian Government
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- Edison Trading Spa - Italy
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Global Business Power Corporation, Philippines
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- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
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- Merrill Lynch Commodities Europe
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
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- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Marubeni Corporation - India
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- Billiton Holdings Pty Ltd - Australia
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- Aboitiz Power Corporation - Philippines
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- Coal and Oil Company - UAE
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- Directorate Of Revenue Intelligence - India
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- Videocon Industries ltd - India
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- Ministry of Transport, Egypt
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- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
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- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
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- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
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- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
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- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
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- The University of Queensland
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- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
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- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
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- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
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