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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, 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 ...
Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA.
...
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- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
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- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
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