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