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