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Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average index value is more or less unchanged from last week, mainly due to a drop in the West Australia and Tubarao routes; West Australia was down from mid 5s to depressing USD 5 pmt, and C3 approaching low 12s says Fearnleys in its latest Weekly Report. At the same time, Fearnleys says, the Atlantic market is showing better signs, making the total picture more or less the same from one week ago. Period rates keep stable.
Panamax
Commenting on Panamax sector, Fearnleys noted that, healthier levels have been seen in all regions, especially from East Coast South America grains. Ship-owners have mostly been getting higher rates than the last done, although the majority of the improved fixtures in the East have been limited to the better-described ships. For a transatlantic trip, Kamsarmaxes (82,500 dwt) currently earn around USD 7,000, while short fronthauls from the UK/Continent region are priced at the high USD 16,000s.
According to the report, from East Coast South America to China, charterers are willing to pay around USD 11,000 DOP Singapore for a round-trip. A transpacific round voyage in the East pay ship-owners around the low USD 7,000s, and the Baltic 4TC Index is up 239 points since last week, now at 961 points.
Supramax
Supramax together with Panamax have showed positive improvement across the board. Fearnleys said, strong demand in ECSA with grain moving Eastbound. Ultramax was able to obtain USD 14,000 plus USD 400,000 GBB for fronthaul. Transatlantic rates have also climbed up, and 61,000 dwt fixed delivery Recalad for TCT to East Mediterranean at USD 15,000.
USG was active, but slightly modest upturn for Atlantic direction, though strong fixture was reported for fronthaul on Tess 58 delivery New Orleans tct to Japan at USD 21,000. Continent continued with good cargo demand and shortage of tonnage. Tess 52 was reported fixed delivery Denmark with grains to South Africa at USD 16,000. Indian Ocean, South East Asia, and Far East all showed good signs of recovery. We have seen rates increase by approximately USD 2,000 pd for most Pacific routes.
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Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
Wednesday, 25 March 20
MARKET INSIGHT - INTERMODAL
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. Societies are facing chal ...
Wednesday, 25 March 20
INDONESIA TO CANCEL RULES REQUIRING DOMESTIC SHIPS FOR COAL, PALM EXPORTS : REFINITIV
Indonesia's government will revoke rules requiring exporters of coal and palm oil to use domestic shipping companies for shipments, Coordinatin ...
Wednesday, 25 March 20
JAN-FEB 2020, INDONESIA SHIPPED 64.5 MLN TONNES OF COAL, UP +3.4% YOY - BANCHERO COSTA
In the 12 months of calendar 2019, Indonesia exported 386.4 mln tonnes of coal, according to vessel tracking data from Refinitiv. This represents a ...
Tuesday, 24 March 20
MARKET ANALYSIS - ALLIED
As countries around the world struggle to take back control of the ongoing COVID-19 pandemic the global economy shuts down bit by bit, leaving only ...
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- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
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