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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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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
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- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
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