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Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Average daily earnings for non-scrubber 180,000-tonners are down a further 35 pct w-o-w to come in at a technical US$ 6k, real values being even lower said Fearnleys in its latest weekly report. Scrubber-fitted units do on average US$ 8-10k better. Spot demand is generally low as only one of three major Australian miners active on the W.Aust/China run, whilst whatever positive signals may be found in Atlantic is presently not enough to stop a downward spiral on the vital Brazil/China milk run again dominated by another major miner and showing modest volumes. According to Fearnleys, period interest is fair but much focused on floating structures view huge gap futures vs spot, representative fixtures including 179,000 dwt/built 2010 concluded for about 12 months at AVE5TC plus around 5 pct.
Panamax
Commenting on Panamax, Fearnleys said, another disappointing week in both the Atlantic and the Pacific Basin. There appeared signs of a recovery in the beginning of the week, where some suggesting a floor had been met on the downside, however this was shortly after forgotten when fixtures continued being concluded at rates weaker than the last done. For a Transatlantic trip, Kamsarmaxes (82.500 DWT) now earn around the low US$ 5000's, while short front hauls from the UK/Continent-region are priced at around US$ 14,000. From ECSA Charterers are paying around US$ 13.500 + 350.000 Gross Ballast Bonus for a trip to China, or around US$ 9,000 DOP Singapore. A Transpacific round voyage in the east pay ship owners approximately US$ 5,000 in the current market, and the Baltic 4TCIndex is down 65 points since last week, now at just 760 points
Supramax
According to Fearnleys report, another disappointing week ahead of Chinese New Year . Weak demand for vessels of all segments put the pressure on rates even further down. The Baltic Exchange index fell to its lowest level since early April last year. Pacific see many spot vessels and rates fall to US$ 2,000 per day for trip from North China via Indo back to China. And APS rates we seen for Indonesian trips into China at the level of US$ 5,000 pd. Atlantic market was quiet and rates were sliding further down. . Continental trips into Mediterranean with scrap were reported at around US$ 10,000 deliver Skaw vi St Petersburg to Turkey. Clinker from Med to West Africa was fixing around US$ 8,500 per day. South African trips were fixed at the level of US$ 10,000 per day plus ballast bonus at the US$ 150K. ECSA seen slightly more demand , which made owners overly excited. For Ultramax del Santos with grain cargo redly Med we seen In USG we fixture was reported mv Astra N 55k DWT 2010 blt fixed $18,750 for trip Japan pet coke US$ 18,750 pd. We expect more resistance from market after Chinese holiday over.
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Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
Monday, 14 June 21
'WISHFUL THINKING': WHY CHINA NEEDS AUSTRALIAN IRON ORE FOR 'MANY YEARS' TO COME - YAHOO FINANCE AU
A “wintry period”.
That’s what’s expected to happen to Australia’s economy “when” China st ...
Sunday, 13 June 21
COAL AND LNG’S SURGE IN ASIA PLAYS INTO RENEWABLE ENERGY HANDS - REUTERS
Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand, but while welcome news for ...
Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief
Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...
Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...
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- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- PTC India Limited - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
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