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Thursday, 22 December 16
INDONESIA LACK OF EXPORT TO INDIA THIS WEEK - FERNLEYS
Supramax
While the Atlantic is keeping up with rates, the Pacific has been weaker says Astrup Fernley.
According to Astrup Fernley, backhaul rates has dropped to 2-3k first 65/70 days and balance at around high 6k. Indo/China coal trip is now paying around mid 6k levels, while steels N. China to SE Asia is around mid 5k level. The Atlantic market is coming off a bit. Recent TA levels has being close to 18k, while Med/Bsea to NCSA/USG has been paying around 9k. On period, a Supra delivery in Far East is being fixed around 7k for short period and tick more for 1-year, while Ultras are achieving close to 1k more for same.
Panamax
Commenting on Panamax, Astrup Fernley says quiet start but in steep decline, especially in the North Atlantic where rates are halved in 10 days. T/A passing 8k mid-week, and owners struggle to cover prior the holidays. Fronthaul limited, incl from the USG at about USD 30, alt 12+200. ECSA about 9+400 APS. Nopac ppt req covered, some mid Jan onwards open. Offers hovering around mid 6-7k while chtrs bidding mid/high 5’s upto 6k, some even bid APS.
Astrup Fernley further noted that Indonesia lack of export to India this week, spot cargo mainly covered and chtrs slowly moving onto early Jan. Australia and S. Africa lack of enquiries while tonnage list growing. Period interest still around but chtrs aiming lower while owners still reluctant to discount. Sentiment is negative short term.
Capesize
After the 5TC have dropped from USD 19,515 to USD 6570 over the last 4 weeks it finally found some support, says Astrup Fernley.
All routes have improved, especially the Atlantic front haul that have been fixed at mid-teens. Also the cargo count for iron ore out of South Africa have increased. That said activity is thin with Christmas just around the corner.
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Monday, 26 December 16
DO THE DERIVATIVES MARKETS MAKE COAL PRICES MORE VOLATILE? 59.21% SAY YES, POLL
COALspot.com: The substantial increase or decrease in coal prices within a short period of time has been supported by a number of fundamental drive ...
Friday, 23 December 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 711.1 MMST; DOWN 18.5% Y/Y - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Wednesday, 21 December 16
THE SUPREME COURT DECISION IN OW BUNKERS - WHEN A SALE OF GOODS IS NOT A SALE OF GOODS - LEON ALEXANDER, CLYDE&CO
KNOWLEDGE TO ELEVATE
In May 2016 the Supreme Court of England & Wales gave judgment in an OW Bunkers test case entitled "Res Cogitans ...
Wednesday, 21 December 16
CLEANING THE OCEANS FROM PLASTIC - SOPHIE COTZIAS
2016 is coming to a close and it finds us in preparation for the 2017 enforcement of the Ballast Water Treatment Systems. We naturally are in thoug ...
Tuesday, 20 December 16
TRADE HAS FELT ITS BUMPS AND SHAKES THIS YEAR - GEORGE LAZARIDIS
Trade has felt its bumps and shakes this year, as growing populist protectionist and nationalist movements in the Western world start to take hold. ...
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- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
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