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Thursday, 15 December 16
SUPRAMAXES ARE ACHIEVING AROUND HIGH USD 7K FOR INDO/CHINA COAL ROUNDS - FEARNLEY
Supramax
Pacific has been relatively quiet this week, with some softening signs.
Supramaxes are achieving around high USD 7k for Indo/China coal rounds, while steels from N.China to SE Asia is still being fixed around USD 5500, said Fearnley in its latest weekly report.
The Oslo based broker further noted that, Trips from ECI to China is paying in the level of low USD 8k. Owners deciding to put their Supra on a backhaul from China to Continent are getting compensated around USD 4k for the first 65 days, and thereafter high USD 6k/low 7k. While tones for Pacific were a bit down, Atlantic still kept going. Healthy rates for fhaul and TA rounds, where Supras received close to 17k bss del Itaqui with trip to ARAG. Supras from Med to NCSA saw between 8-10k and to West Africa close to 10k.
Panamax
Commenting on Panamax, the broker says, as we approach the Xmas holidays, market is softening after the recent strong rates, sliding in both hemispheres. North Atlantic is still reporting decent rates, 20k for Baltic rounds, Baltic to Med done at USD 19,500. Fronthaul about 15+500 bss USG and ECSA fixed at USD 9800+480 APS.
The broker further noted that, sentiment in Pacific turned negative this week with tonnage list increasing in the north. Owners now lowering rates for NOPAC R to low USD 7s which also fixed delivery S Korea for LME mid-week. Charts holding back with most spot requirements covered. Period rates revised to high 7s/low 8s for short period dep on spec's. Overall, the Panamax market remain under pressure with a negative sentiment likely to continue until the new year.
Capesize
The end of the year atmosphere have kicked in, and the activity is slowing down, said Fearnley. This do affect the rates, which is also slowly moving downwards. Brazil market have been very quiet and the TC rates for a Brazil/China trip gone from 18k down to do 12k.
According to Fearnley , it is still some activity on west Australia, but rates keep sliding and the TC rates for Pacific round have gone from 11k to below 7k. Despite the slower activity and the lower rates, the market is not yet collapsing as we have seen during previous low seasons. So at the moment there still seem to be some support, and it does appear to be more January cargoes from Brazil appearing now.
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Thursday, 05 January 17
UNCHANGED COAL-FIRED TARIFFS PRESSURE CHINA'S GENERATORS - FITCH
COALspot.com: China's decision to keep on-grid electricity prices from coal-fired power unchanged amid higher coal prices will further squeeze ...
Thursday, 05 January 17
CAPE MARKET HAVE KEPT SURPRISINGLY FIRM AND ACTIVE DURING THE CHRISTMAS AND NEW YEAR HOLIDAYS - FEARNLEYS
Supramax
The first week after a slow Christmas break has started off with little activity and softening rates. Not surprisingly, the market is fi ...
Thursday, 05 January 17
COMPARISON OF HONG KONG AND LONDON ARBITRATION - SKULD
KNOWLEDGE TO ELEVATE
Whilst London arbitration is the most popular platform for resolution of charterparty disputes, where the parties involved a ...
Wednesday, 04 January 17
INDONESIA'S COAL PRODUCTION IS ESTIMATED TO REACH 434 MILLION TONS IN 2016 EXCEEDED THE GOVERNMENT'S INITIAL TARGET
Indonesia's coal production is estimated to reach 434 million tons in 2016 exceeded the government's initial target. The Ministry of Energy ...
Tuesday, 03 January 17
BENGKULU TO IMPOSE TOUGHER REGULATION FOR UNPROCESSED COAL AND MINERALS EXPORTS IN 2017 - MEDIA
Bengkulu provincial government is planning to impose tougher regulation for export of coal and mineral in 2017. According to liputan6 online portal ...
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- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
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- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Planning Commission, India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
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