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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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Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to pow ...
Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 06 October 16
SHIPS IN PACIFIC ACHIEVE JUST ABOVE $10K DAILY FOR A BRAZIL ROUND VOYAGE - FEARNLEYS
Supramax
Slower week with limited activity due to holidays in the East. Mixed feelings within different markets, with slight downturn in Pacific ...
Wednesday, 05 October 16
OPEC TO SHUT OFF MORE THAN 6 PERCENT OF ITS PRODUCTION; MIXED FEELING AMONGST TRADERS - ALLIED
OPEC recent accord to shut off more than 6 percent of its production this past week has been met with mixed feeling amongst traders. As we mo ...
Wednesday, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
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- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
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