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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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- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
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