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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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Friday, 13 March 20
PANAMAX: SLIGHTLY STRONGER NUMBERS IN BOTH BASINS THIS WEEK - FEARNLEYS
Cape
Still very sad times for the big ships, and merit in further trading at present levels is highly debatable for most tonnage. Spot fixtures ...
Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
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- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- London Commodity Brokers - England
- The University of Queensland
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
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