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Thursday, 19 January 17
PANAMAX RATES ARE UNDER PRESSURE IN BOTH HEMISPHERES - FEARNLEYS
Supramax
The market remained flat and the week continued at the same pace as last.
According to Fearnleys weekly dry bulk report, still more enquires from US Gulf, where Supras from to Cont reached around 16-17k. Other way around - handful owners were ballasting to USG from Cont, while employed Supras were fixed around 6-7k.
The latest Fearnleys weekly dry bulk report was further noting that the trips from UK via USEC to ECSA amounted to 8k. Grain cargoes from ECSA to West Med heard around 10-11k. Usual scrap cargoes scored 12k or thereabouts bss del Arag to trip into E Med. Pacific has encountered softening rates too, except for PG/WCI which still looking the stronger area in the east. N. China to SE Asia is around USD 3k levels, while S. China trips via Indo back to China is fixing around USD 4k. Nopac rv trading around high USD 4k/low 5k.
Panamax
Panamax rates are under pressure in both hemispheres. Not enough ppt cargoes in the market and vessels are piling up, said Fearnleys.
T/A rounds about 10 K - up to 12 K for some rounds. Fhaul around 14 K mid week. Still a huge premium for INL breach and ice trading. According to broker, owners in Pacific willing to ballast towards India / ECSA, where lvls are down under $9,500 + 450,000 GBB APS. With the Chinese Lunar New Year approaching, Chinese players are reducing activity and volumes overall expected to fall.
Volatile in the Indian Ocean with rates fluctuating 30 cents/mt day on day. Average T/C level in Pacific around 5.000 for Indo-India and a bit higher, 6.000 + for NOPAC or Aussie rounds. Period activity and levels reduced, fair value 7 K for LME 1 yr.
Capesize
Commenting on Cape, Fearnleys says, levels for Brazil have strengthened as a sudden urge for prompt tonnage have cleaned out most of ballasters. This strong demand for prompt Brazil loaders have made an impact on the general sentiment pushing other routs up as well. Especially the Atlantic have seen an impressive increase with the trans-Atlantic now trading at high teens.
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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 ...
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 ...
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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- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
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