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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 for a trip to Cont. The Continental and Baltic have encountered with tight tonnage, says Fearnley in its latest weekly report.
According to Fearnley, the Supras out Baltic to USG were paying above USD 10k net. Supras delivery in Med for 4/7 mos trading ww USD 12k. The Pacific basin is flat compared to Atlantic, apart from S. Africa/MEG range where market still is strong.
Fearnley further noted that ECI to China is paying Supra owners around USD 6k, while trips from N. China to SE Asia is paying high USD 5k/6k. Several owners are looking to cover their vessels on periods. The period market has improved somewhat, where owners achieving around USD 7k on short periods up to 1 year.
Panamax
The firm tendency continues in both hemispheres, especially in North Atlantic. Longhauls out of NOPAC, USG and ECSA combined with weather delays contribute to the solid levels.
Fearnley says the Panamax ships’ T/A rounds in 18-20k range, and even solid 30k or equivalent on T/C done Baltic to Med. Fronthaul >20k from Cont, 16+550 from USG. ECSA hovers around 9+400 bss COGH. The tone is positive in the East, despite a gradually growing tonnage list.
Commenting on Indonesia rounds, Fearnley says, Indo rounds fixed in the 8500-9500 range. Low/mid 9’s done mid-week for Aussie-China and for NOPAC biz - even up to 11k reported for Pac rounds. With the hot spot market and a rising forward curve, owners have gradually increased their rates for period. 8500 to 9500 done on short/medium period.
Capesize
There were signs of a positive start to the week with slightly stronger FFA values on Monday, says Fearnley. However, it soon became clear that physical support was lacking and rates dropped in the Pacific as well as the Atlantic. There has been a drop of USD 2500 on average in one week and West Australia round is being fixed in the upper USD 5's.
According to Fearnley, the Atlantic is sliding steady with a surplus of prompt tonnage.
There is still a hope for a last rally before the Christmas holidays, but obviously chances are getting slimmer as we are getting well into December, Fearnley concluded.
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Thursday, 01 December 16
OIL PRICES MAY SEE LITTLE GROWTH BEFORE 2018, FITCH RATINGS SAYS
High inventories and the potential for US shale production to respond quickly to any market tightening mean oil prices may flat line in 2017 before ...
Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and prod ...
Thursday, 01 December 16
ANOTHER WONDERFUL WEEK FOR PANAMAX - FEARNLEY
Supramax
A slower start to the week in the Pacific compared to last Trips from N. China to S. China is paying in the range of low USD 5k, while I ...
Tuesday, 29 November 16
AUSTRALIA'S PORT OF NEWCASTLE SHIPPED 13.08 MT OF COAL IN OCTOBER; DOWN 10.39% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,124.7 Mi ...
Tuesday, 29 November 16
US WEEKLY COAL OUTPUT TOTALS 17.2 MMST, UP 2.8% : EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17.2 million short ton ...
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- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Petron Corporation, Philippines
- Planning Commission, India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Australian Coal Association
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
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