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Monday, 19 March 18
PANAMAX: DESPITE FEWER REPORTED PERIOD TRADES THIS WEEK, RATE LEVELS HAVE REMAINED SOLID - BALTIC BRIEFING
 Capesize
There were finally reports of increased Brazil activity, but still largely unconfirmed. Vale reportedly took six ships Thursday for 5 April onwards, from Tubarao to Qingdao at $14.90, with three for delivery North West Europe, and three ballasters from the East. This may provide a much-needed boost to the Atlantic market, which took a big hit on Thursday, with a cargo fixed from Ponta Da Madeira to Dunkirk West and East, at just $6.50. There were various reports suggesting the time charter equivalent, but the consensus was that it equated to under $5,000 daily.
A couple of ships were also taken from the Continent/Baltic for two to three laden legs, one 2016-built and one 2007-built, with Atlantic redelivery at rates linked to the BCI. Despite steady activity from West Australia to China, rates slipped, but, so far, were holding over $6.00. Both Rio Tinto and FMG fixed rates ranging from $6.05 to $6.15 for late March liftings. Time charter activity was limited, but sources continued to suggest that rates were around the upper $11,000 daily for BCI types, however, some were less optimistic over current rates. There has been some coal moving from East coast Australia, but, again, having little impact on rates. Despite the spot market being under pressure, period rates have been holding, with a 181,000-tonner, 2014-built, fixing from Shanghai end-March, for 12 months at $21,000 daily. A 14-year old 175,500-tonner, early April Qingdao, reportedly went for 22 to 24 months, trading at $17,250 daily.
Panamax
Despite fewer reported period trades this week, rate levels have remained solid. Charterers are still looking to take forward cover and modern Kamsarmaxes, achieving $15,000 daily, or more, for around six months employment. Transatlantic trades, in general, were steady, with premiums for INL breaching and trips into the Mediterranean. The front haul market saw an improvement, with US Gulf grains reappearing after a period of inactivity. A 2006 built Panamax fixed at $19,500 daily, delivery Cape Passero, for a trip via the US Gulf and Panama to the East. East coast South America remained active, but rate levels were date dependent. Vessels arriving 10-20 April saw better numbers than their earlier counterparts, although rates for the prompter ships were still firm. The volume of fixing in the Pacific so far this week will probably lead to a quiet slide into the weekend. However, the firm undertone remained, with a well described 77,000 deadweight, open Japan, fixing at $16,000 daily for a NoPac round voyage. There remained a shortage of early round voyage candidates, and with owners able to consider ballasting south as well, the outlook in the short term was expected to remain firm.
Supramax
It was a better week across the board, with the Atlantic seeing increased activity, and, in some areas, rates improving. Overall, there was a positive feel to the Pacific market. Period activity was seen; with a 58,000-dwt open North China, fixed for a balance of a period of about six to eight months, trading at $12,750.
Some improved levels were seen from the US Gulf, and a 53,400-dwt was booked for a front haul in the mid $20,000s. An Ultramax went at around $27,000 for a similar destination. The East Mediterranean saw strong numbers mid-week, with a 60,000-dwt fixing delivery Damietta, for a trip via the Black Sea to China at $22,000. However, towards the end of the week, some said it might be cooling off. From the Continent, scrap cargoes moved, with a 57,000-dwt fixed from Rotterdam to the East Mediterranean at $16,500. Little surfaced from East coast South America, but some said rates were slowly improving with a lack of prompt tonnage.
Again reasonable levels were seen in the Asian markets. A 58,700-dwt was fixed delivery North China for two laden legs redelivery worldwide at $12,150. Further South, a 56,800-dwt was reported covered basis delivery Singapore trip via Indonesia, redelivery China, at $14,500. A 61,000-dwt was also fixed at Singapore via Indonesia, redelivery India, at $16,000. From the Indian Ocean, a 61,000-dwt open West Coast India, was booked for a trip redelivery China in the mid-low $16,000s. A 56,100-dwt was fixed basis delivery South Africa, for a trip to Singapore-Japan at $13,000 plus $300,000 ballast bonus.
Handysize
Overall a fairly quiet week with little reported. There was minimal activity East coast South America, with easing rates for Handysize vessels. The US Gulf market again improved, but brokers suggested the gap between the owners and charterers had widened by the end of the week. The rates from the Pacific continued to climb and showed no signs of weakening.
A 30,000-dwt open Casablanca, was fixed at $12,000 for a trip to West Africa. From East coast South America, Handy vessels were booked to West coast South America at $16,000 daily, or, $10,000 daily for a coastal trip to South Brazil. In the East, a 39,000-dwt open South China, was booked for a trip via Indonesia to China at $10,750 daily. Similar rates were reported on a smaller-sized Handy vessel, open Kosichang to China, moving tapioca chips. A trip for Australia to the Far East, paid in the low $15,000s for a 38,000-dwt open close to the loading port, or mid-U$12,000 daily basis delivery, Port Kelang.
Source: Baltic Briefing
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Tuesday, 06 February 18
THE FUNDAMENTALS FOR INDIAN COAL IMPORTS CONTINUE TO LOOK PROMISING - TORVALD KLAVENESS
Back in August we reported that the fundamentals impacting Indian coal imports looked more promising.
Trade flow data today implies 17.4Mt of ...
Monday, 05 February 18
SUPRAMAX : INDONESIA TO INDIA PASSING THROUGH SINGAPORE HAS SOFTENED
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has softened, week over week, own ...
Friday, 02 February 18
SUPRAMAX : INDONESIA TO CHINA COAL TRIPS ARE PAYING AROUND MID USD 9000 - FEARNLEYS
Supramax
Rather quiet week within Atl, specially Continent due to lack of cargoes.
According to Fearnleys Weekly - Dry bulk report published ...
Friday, 02 February 18
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 54.1 MMST, DOWN 8.8% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
Thursday, 01 February 18
RISING US OIL EXPORTS, MARKET DISRUPTION, BRENT-WTI SPREAD - WOOD MACKENZIE
What will US tight oil growth do to crude markets? The build-up in volumes early this decade led to a supply glut that undermined prices in 2014.
...
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Showing 1816 to 1820 news of total 6871 |
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- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- White Energy Company Limited
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Australian Coal Association
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
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