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Thursday, 24 November 16
SUPRAMAX: SOUTH AFRICA STILL STRONG WITH OWNERS ACHIEVING AROUND USD 14-15K FOR TRIPS EAST - FEARNLEYS
Supramax
A positive kick-off in both the Atlantic and the Pacific. Very healthy rates within USG, some supras receiving well over 20k for trips to ECSA says Fearnleys in its latest weekly dry bulk report.
According to Fearnleys, 55k supras are seeing around 20k for trips from USEC to Continent. On fronthaul, supras are being fixed around 13-14k with delivery in Med. For short period, supra candidates are receiving around 13k with delivery Atlantic.
The Oslo based broker further noted that, Impressive rates are also seen within Cont, where South Africa still strong with owners achieving around USD 14-15k for trips East, while trips from ECI to China is paying USD 5.5-6k. Supras for Indo coal trips with delivery S. China back to China is getting paid around USD 6.5k, further in N. China, Supras achieving around USD 6k/low 6k for trips to SE Asia.
Panamax
Commenting on Panamax Fearnleys said, from a very firm and active last week, to a clear breather with the players in a holding pattern on both sides. Overall, volumes are down and rates easing off. In the North Atlantic, short rounds are done off market, even a bit forward, at healthy 15-18k or more on T/C, or similar return on voyage.
Conventional T/A rounds still firm around 15k, and trips out pays closer to 17k mid-week. The Eastern hemisphere have slowed down considerably, and Charterers are holding back to fix. NOPAC or Aussie rounds down from 9k+ to 8k or less mid-week. The forward curve has been hit hard and lost steam leading to less activity and interest in period. The last done medium period well into the 8k range seems not obtainable today.
Capesize
The past week has been very active, and the rates have continued in their firm trend.
Fearnleys noted further, the miners want to sell and ship as much as possible of their iron ore at these strong prices. The prices have been touching close to the USD 80 per ton level, and most miners expect that a more normal level will be between USD 40-50 per ton range.
According to Fearnleys, the Brazil production are strong and Vale are active taking vessels, something which has pushed the Brazil/China route to USD 25,000. The Australian miners are also very active and the Pacific market is paying around USD 17,000. The period market has also been active, though most charterers prefer to fix on an index linked scheme. Fixed rates for 1-year period are now above the 10k mark.
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Monday, 12 December 16
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this past week and ending on a negative note week ...
Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...
Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com ...
Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k ...
Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...
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- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- GMR Energy Limited - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
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