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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 finding its level again and so far this year not many fresh fixtures has been concluded, said Fearnleys’s research team in its latest weekly report.
According to Fearnleys, N. China to SE Asia Supramax is being traded in the low/mid 5k’s, while Nopac rv around mid/high 5k’s.
Fearnleys further noted that, coal trips with delivery Singapore via Indo to China is paying around mid/high 5k, while WC India/MEG is still the stronger area in Pacific where owners are taking USD 8/low 8 for trip Feast. In the Atlantic, Brazil to Emed is getting covered at around USD 13-14k, while Emed to Wmed/Wafr is around USD 11-12k. ECSA fh to MEG/Japan is paying around USD low 12k+225k bb and USG fh to Sgp/Jpn around USD 17k.
Panamax
Quiet but falling after the holidays. Fearnleys says, whilst Cape rates are picking up quickly, Panamax are under pressure.
According to Fearnleys , Atlantic rounds for Panamax in the 6-7k on T/C. Fhaul not much reported but vessels asking 14k from Cont. In the East, it took months for TC rates to rise from USD 5 to 9k’s, however in only two weeks’ time it has dropped back to 5k levels.
Commodity trading slow especially for coking coal and steam coal in China, due to new policies in China. Apart from short Indo rounds, there have been a substantial build-up of prompt tonnage. Period interest and activity looks scarce. Expectations for Nopac and ECSA grain volume during Q1 has not materialized yet, and the Chinese Lunar New Year is already looming in three weeks’ time.
Capesize
Commenting on Cape Fearnleys says, cape market have kept surprisingly firm and active during the Christmas and New Year holidays. The first week of the new year have continued in the same firm pace. Period activity have also picked up, with levels again above USD 10k mark for 1-year period.
Transatlantic rv market is around 15k and the Pacific rv market keeps just above 10k. Seasonally the first quarter of the year is the weakest with bad weather in both Brazil and Far East, and miners often scheduling maintenance during this period. However based on past few weeks, the market is a bit more cautious optimistic about the near future.
Compared to the same period last year, we do at least have a much better starting point for the year ahead Fearnleys concluded.
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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
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 ...
Monday, 02 January 17
PORT OF NEWCASTLE SHIPPED 13.62 MMT OF COAL IN NOVEMBER; UP 4.18% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,201 Mil ...
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- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
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