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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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Wednesday, 15 February 17
SHIPPING MARKET INSIGHT - INTERMODAL
Looking at the state of the Dry Bulk market exactly a year ago, there is no doubt that there is a significant improvement and despite the fact that ...
Tuesday, 14 February 17
OPTIMISM HAS STARTED TO SLOWLY FLOW BACK INTO THE DRY BULK MARKET - GEORGE LAZARIDIS
Optimism has started to slowly flow back into the dry bulk market, with many in the market showing renewed optimism as the Pacific basin starts to ...
Monday, 13 February 17
COMBINED COAL SALES OF BUMI RESOURCES ROSE TO 87.7 MILLION TONS IN FY'16; UP 10.6 PERCENT Y/Y
COALspot.com: Combined Coal Sales of Bumi Resources rose to 87.7 million tons in FY’16 compared with 79.3 million tons in FY’15. ...
Monday, 13 February 17
THE FREIGHT MARKET CONTINUED TO TUMBLE IN FEBRUARY
COALspot.com: The Freight market was continued its downfall in all segments except Panamax for the week ending 10 February 2017.
The Balt ...
Friday, 10 February 17
U.S. COAL OUTPUT IS ESTIMATED TO HAVE DECLINED BY 158 MMST IN 2016 TO 739 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tons ...
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- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Economic Council, Georgia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- VISA Power Limited - India
- The University of Queensland
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
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