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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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Showing 131 to 135 news of total 6871 |
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- Planning Commission, India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Posco Energy - South Korea
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Australian Coal Association
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- VISA Power Limited - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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