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Thursday, 23 March 17
CAPESIZE: TAKING A BREATHER AFTER RALLYING - BUT OUTLOOK FOR WEEKS TO COME NOT SCARY - FEARNLEYS
Supramax
In the Pacific the market seems somewhat slower this week, although healthy rates still being achieved said Fearnleys in its latest weekly report. With the Nickel-ore season approaching, vessels which can carry this cargo are getting high rates.
According to the broker, the Umax open Kohsichang fixed at 13k and Supra open Bohai Bay fixed 10.5k with same cargo for China destination. Indo/china is being fixed around mid 12k with Singapore delivery on Supras, while nopac rv’s are rather quiet.
The Oslo-based broker further noted that Vessels open WCI are achieving around mid-US$ 12,000 for a trip to FarEast, while vessels open ECI with the same destination is getting paid around low US$ 10,000 per day. It was seen more seasonal cargoes out SA, whereas USG was still under pressure with few new enquires. Vessels out SA on front haul were still fixed around US$ 12,000 to 13,000 + bb.
Panamax
Commenting on Panamax Fearnleys’s analysts say, activity in the Panamax market remains limited in both hemispheres. However, it looks like the rates are stabilizing and are expected to increase in the next few days.
In the Pacific there has been little fixing with owners willing to do mid/high US$ 9,000 for LME's delivery Korea, while a Kmax was reported fixed for 1 tct via Indonesia with coal to Singapore / Japan at US$ 11,000 /Day.
The report further noted that Atlantic has been slightly more active and it was reported a 87,000 dwt delivery APS Recalada for 10-14 April, with grains to Singapore / Japan at US$ 12000/Day, + US$600,000 GBB. There are still good expectations for the ECSA market. FFA's have also had a positive reaction with Q2 trading up to US$ 10,350 (+US$ 450) mid week.
Capesize
Taking a breather after rallying - but outlook for weeks to come not scary. Huge iron ore volumes committed on the Brazil/China conference trade at ever-improving rates, and only a limited number of ballasters able to make ECSA by April remaining, says Fearnleys.
West Australian miners to a large extent absent from spot scene, thus inter-pacific freight levels lagging in comparison. Transatlantic vessel utilization rate high with resultant average pay of US$19,000 – 20,000/day - as compared to an overall average of some US$ 17,500, which is in turn up 11-12 pct w-o-w.
Improving spot and supporting FFA values in tandem allowing for increased period activity/levels, exemplified by 172,000 dwt/blt 2002 done for 10-14 months at a handsome US$ 14,000 per day.
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Tuesday, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...
Monday, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...
Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertai ...
Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...
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- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Economic Council, Georgia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
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