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Tankers: Rush of North Sea VLCC Fixtures Could Spell Trouble for Aframaxes

Nov 25, 2015

Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...

Tags: Tankers, VLCC Fixtures, crude, Aframaxes

Dry Bulk Atlantic: Supramax Freight Rates in Doldrums on Oversupply, Uncertain Demand

Nov 25, 2015

Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...

Tags: Supramax shipowners, grain, petcoke

Ethanol Shipment From Brazil to Land in France Early December

Nov 25, 2015

A shipment of ethanol from Brazil left Santos on November 21 and is due to land in Dunkirk, France December 7, according to Platts' trade flow software cFlow. The Chemroad Hope is carrying a combination of 2,500 cum of neutral ethanol, ...

Tags: ethanol, T2 ethanol, neutral ethanol

Tankers: Golden Ocean Sees Tough Dry Bulk Market for Next 6-12 Months

Nov 25, 2015

Norwegian dry bulk carrier Golden Ocean said Tuesday it expected the market to remain difficult for the next 6-12 months, not least because of slowing Chinese economic growth, as it posted a bigger third-quarter loss year on year. "Well ...

Tags: Tankers, Golden Ocean, Dry Bulk Market

US Coal Railroad Shipment Volumes Stay Under 100,000 Carloads: AAR

Nov 25, 2015

Coal shipment volumes originated on US railroads were slightly up from the previous week but still subdued, Association of American Railroads data showed Wednesday. For the week ended November 14, the AAR reported a total of 95,293 coal ...

Tags: Coal, coal carloads

Indian Consumption of Dalrymple Bay's Australian Coal Slumps in Oct

Nov 25, 2015

Dalrymple Bay coal terminal's exports to India slumped dramatically in October to just 266,700 mt compared with 873,500 mt in September and an on-month decline of 228%, according to shipping data for the Australian terminal released ...

Tags: coal, thermal coal, metallurgical coal

Capp Spot Market Frozen, But Winter Could Be 'shot in The Arm' at Year-End

Nov 25, 2015

US Central Appalachian coal producers and brokers are still hoping some kind of thermal spot market will develop with winter approaching, but many in the industry said this week they aren't holding out much hope. Market players continued ...

Tags: CAPP coal, MISO coal, fossil fuel

Coal Stocks at Key Indian Ports Drop 4.1% on Week to 11.52 Million Mt: Interocean

Nov 25, 2015

Coal stocks at 17 major Indian ports totaled 11.52 million mt as of November 20, down 4.1% week on week, according to data released Friday by Indian ship broker Interocean. The stockpiles included 9.51 million mt of thermal coal, down ...

Tags: Coal, Anthracite, coking coal

Bowie Says Acquisition to Make It Largest US Western Coal Bituminous Producer

Nov 25, 2015

Bowie Resource Partners will become the US' largest Western bituminous coal producer following a deal with Peabody Energy, according to the company. The Louisville, Kentucky-based company expects the $358 million acquisition to nearly ...

Tags: coal, Peabody, bituminous coal

Mexico to Hold First-Ever Power Auction in March: Cenace

Nov 25, 2015

Mexico will hold its first-ever electricity power auction in March, according to the country's National Center for Energy Control, or CENACE. CENACE on Thursday published an invitation to those interested in bidding in the auction. The ...

Tags: Mexico, Power Auction

NV Energy Set to Join Western Eim on December 1

Nov 25, 2015

In a major development for Western energy markets, NV Energy, Nevada's largest utility, will begin participating in the region's energy imbalance market on December 1. The move, announced late Friday, follows the Federal Energy Regulatory ...

Tags: energy markets, NV Energy

UK Day-Ahead Power Prices Fall on Forecast for Mild Weather, Steady Wind

Nov 25, 2015

UK day-ahead power prices fell sharply Tuesday, extending Monday's losses as steady demand amid mild weather conditions and stable wind power forecasts weakened the prompt market. Baseload power for Wednesday delivery was last heard ...

Tags: power prices, fuel, Didcot B gas

U3o8 Daily Spot Price Holds at $36/Lb for Second Straight Week

Nov 25, 2015

The daily spot price of uranium was $36/lb U3O8 Monday, unchanged from November 16 and November 9, as buyers continue to show only tepid interest in buying material, according to price reporting company TradeTech. The daily spot price has ...

Tags: uranium, Nuclear Fuel

Thai PTT Defers Tendered LNG Cargo to Early-DEC on Low Consumption: Source

Nov 25, 2015

Thailand's state-owned buyer PTT has deferred the delivery of a tendered LNG cargo until early December because of low downstream consumption, an informed source said Tuesday. PTT bought two cargoes above $6.50/MMBtu from two separate ...

Tags: PTT, Qatargas, LNG cargo

Ukraine Will Not Import Russian Natural Gas Through Year's End: Minister

Nov 25, 2015

Ukraine will not import Russian natural gas through the end of the year due to weaker domestic demand and sufficient gas reserves, Energy and Coal Industry Minister Volodymyr Demchyshyn said Monday. Ukraine, which resumed Russian gas ...

Tags: Ukraine, Natural Gas, high gas prices

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