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