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Thursday, 10 August 17
ANOTHER ACTIVE WEEK FOR THE PANAMAXES WITH INCREASING RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
Both basins have remained fairly flat, could say slightly to the negative. A quiet start of the week in the Pacific with holidays in Singapore.

According to Fearnleys, Indo/China coal fixing low $9000 delivery Singapore. Nickel ore rounds via Philippines to China fixing mid/high $9000.The Bsea has softened a bit from last week, however still a few enquires out, mid $16,000 going through. Fronthaul fixing high $9000+200k BB, however little fixing taking enquires into considers.

Panamax
Commenting on Panamax, Fearnleys analysis team says another active week with increasing rates in both hemispheres for the Panamaxes. The Atlantic market is again the region that keep the momentum up, especially within the north Atlantic where a tight supply of tonnage is pushing TA rates at around mid 10k’s, Baltic rounds in the region $12k’s and FH rates close to $17k’s.

The Fearnleys further noted that, the sentiment in Asia remain positive with a transpacific RV at around $9k’s and the activity appears to be steady despite a holiday disrupted week in Asia. The short term outlook for the Panamax market, remain positive. There are still a lot of expectations in the FFA market; September is priced at low $10k’s, while Q4 is now priced at around mid $10k’s on the P4TC index.

Cape size
A volatile week for Cape segment where, the general sentiment has been somewhat better than the actual market.

Despite of this, rates are at decent levels and towards end of this period there was an improvement with c3 reaching $14.5 pmt for September dates. Short period levels are around $15,000 levels.


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Recent News

Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes. According to the Germany Coal Importers Associati ...


Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening. Indo/China coal rounds are getting fixed arou ...


Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...


Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...


Monday, 31 July 17
KOMIPO INVITES BIDS FOR 750K MT OF 5,700 KCAL/KG NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 750,000 Metric Tons of Bituminous coal for its B ...


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