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Thursday, 16 February 17
CAPE MARKET HAVE EXPERIENCED A STRONG DOWNTURN - FEARNLEYS
Supramax
Market has shifted sides from Atlantic to Pacific, where Atlantic is now lagging behind with little action and sliding indices, notably for Atlantic RV. Ultras from USG to MEG working 15-16k. Ultras from USG to India see 16k and Supras for same around 11k said Fearnleys in its latest weekly report.
Fearnleys further noted that, a very strong push in Pacific this week, rates has improved significantly as higher activity is meets tight tonnage supply in SE Asia. Market is currently working in owners favor with Indo/China coal runs, with delivery Sgp, fixed at low 8k for Supras and around mid/high 8k for Ultras, while Indo/India trips are trading around mid/high 9k for Ultras. Ultras are able to obtain around low 7k for Nopac RV. At current pace, rates could very well be higher when this week ends.
Panamax
Commenting on Panamax, Fearnleys says, it has been a slow week for the Panamax trading with less cargo volume available in the Atlantic. Rates are slowly sliding due to this. There are still expectations to the ECSA grains for March and quite a few ballasters headed that direction. TAs are currently trading in the high 7k region while some Baltic trades with ice class requirements are being paid a premium. In the Far East, Fearnleys said, we see the opposite trend with rates slowly climbing for Pacific rounds. NoPac RVs are fixing in the high 6k’s for LMEs and the period interest is increasing with modern large units fixing 1-yr at USD mid 9k. Mid-week we, however, see reports of grain shippers in the US Pac running empty of cargo which could lead to a change in the sentiment.
Capesize
According to Fearnleys , cape market have experienced a strong downturn. A cyclone hitting W. Australia last week disrupted the scheduling and the W. Australian miners have only fixed a few vessels this week. The TC rates for a Pacific round is presently around USD 3k level, however some of the voyage rates being fixed in the Pacific is barely making a positive return. Brazil market do also remain limited on the cargo side, but with a big tonnage over-supply. The future tonnage list for March and April is also looking very big, hence the negative sentiment is expected to continue for the next few weeks. This is not unusual for this season of the year, but expectations are that market will slowly increase and in general improve from last year.
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Tuesday, 21 February 17
CHINESE EXPORTS SHOWED A YEAR-ON-YEAR RISE FOR THE FIRST TIME IN TEN MONTHS; S. KOREA'S EXPORTS UP FOR PAST THREE MONTHS IN A ROW - GEORGE LAZARIDIS
We have started to some sparks of life in the commodities markets these past weeks, with prices having shown a strong push during the past couple o ...
Tuesday, 21 February 17
CHINA SUSPENDS COAL IMPORTS FROM NORTH KOREA FROM 19 FEB
COALspot.com: China is suspended coal imports from North Korea until December 2017. China says it will suspend all imports of coal from North Korea ...
Monday, 20 February 17
OCEAN FREIGHT RATES SLIGHTLY UP WEEK OVER WEEK
COALspot.com: The Freight market was firmed up this past week. The Panamax segment was declined for the week ending 17 February 2017.
The Balt ...
Friday, 17 February 17
U.S. COAL PRODUCTION SLIPS SLIGHTLY WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million sh ...
Thursday, 16 February 17
IF I PLAN TO UNDERTAKE A CHARTERPARTY WITH AN UNFAMILIAR ENTITY, WHAT STEPS CAN I TAKE TO ENSURE THE CHARTERER WILL PAY THEIR HIRE? - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Due to the difficult conditions currently existing in the shipping market, particularly in the offshore sector, Members a ...
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- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Agrawal Coal Company - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- VISA Power Limited - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
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