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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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Wednesday, 26 October 16
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
If the finale of a thriller movie finds the leading actor successfully surviving after all the sacrifices he has made, the audience presumes this t ...
Tuesday, 25 October 16
INDONESIAN COAL PRICES MARCH HIGHER CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Tuesday, 25 October 16
THINGS ARE SLOWLY STARTING TO IMPROVE AS CORRECTIONS ARE MADE - ALLIED
It seems as though left, right and centre, all we see nowadays is the word “restructuring”.
There is restructuring amongst bankers ...
Monday, 24 October 16
KOMIPO INVITES BIDS FOR 0.78 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
Monday, 24 October 16
U.S WEEKLY COAL PRODUCTION DECLINED 3.2% TO 16 MMST WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16 million short tons ...
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- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- The University of Queensland
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
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