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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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Saturday, 30 November 19
PANAMAX: LEVELS IMPROVED IN THE PACIFIC MARKET TOO WITH $11,000 BEING CONCLUDED ON AN 81,000DWT SHIP FOR AN INDONESIA TO CHINA COAL TRIP - BALTIC BRIEFING
Capesize
The market has been well supported over the past week, led primarily by the Atlantic Basin. After bottoming last week, sentiment was s ...
Friday, 29 November 19
FITCHRATINGS MAINTAINS NEGATIVE 2020 OUTLOOK ON SHIPPING, AS TIGHTER SUPPLY HELPS, BUT SOFTER DEMAND DRAGS
Fitch’s Sector Outlook: Negative
We maintain a negative sector outlook for global shipping because of the forecast slowdown of ...
Friday, 29 November 19
INDONESIA PRODUCES 390 MLN TONNES OF COAL IN JAN-SEPT: MINISTER - REUTERS
Indonesia’s production of coal for the January-September period was 390 million tonnes, Energy and Mineral Resources Minister Arifin Tasrif s ...
Wednesday, 27 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the end of the fourth quarter is approaching, one could say that the wet market has maintained the strong pace observed during the third qu ...
Tuesday, 26 November 19
PREPARATIONS INTENSIFY AS 1 JANUARY 2020 GLOBAL CUT IN SULPHUR IN SHIP'S FUEL OIL LOOMS: IMO
“IMO 2020” requirements for ships to cut sulphur oxide emissions enter into effect in just over one month’s time. This will signi ...
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Showing 1266 to 1270 news of total 6871 |
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- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Marubeni Corporation - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- London Commodity Brokers - England
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
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