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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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Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
Wednesday, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...
Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...
Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
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- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Australian Coal Association
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
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