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Thursday, 12 April 18
SUPRAS HAVE FIXED MID $11K FOR AN INDO RV TO S. CHINA DELIVERY PHILIPPINES - FEARNLEYS
FearnleysSupramax
Slow week with little light for improving rates. ECSA to Far East still around $15k + bb and same to Med ca $14k, says Fearnleys in its latest weekly report.

More balanced cargo/tonnage supply from Cont. Scrap run from Cont to Med gone around $14-15k. Ice restrictions disappearing in Baltic hence more tonnage available for those chrts and vice versa.

Fearnleys further noted, Grains from B Sea to SE Asia levels back to February i.e ca 17k.The market is still slow in the Pacific, however some fixtures has been concluded. Supras have fixed mid $11k for an Indo rv to S. China delivery Philippines, while CIS coal trips are paying around mid $9k. Nickel ore trips from Philippines to China are paying Supras around mid $12k, while SE Asia to Bangladesh is paying around mid $14k.

Panamax
Commenting on Panamax, The Oslo based broker Fearnleys says, another uneventful week with falling rates in both hemispheres. After a holiday-disrupted week with little new fresh cargoes in the market the rates have been under pressure again and a very weak paper market has given little support physical.

TA rates Fearnleyssays, has dropped to low $10’s, while the FH rates is in the range of $17k’s. The activity in the east has also been slow in accordance with the Atlantic market and has been more depressive compared to the TA and FH market. Transpacific RV is now priced in the range low $10k’s. The expectations about renewed activity from South America is much needed to lift the current rate levels in both basins. FFA’s, May is priced at mid $12k’s, while Q2 is at low $12k’s on the P4TC index.

Capesize
After a relatively long period of time with falling rates, things have finally improved said broker Fearnleys. This was mainly in the Pacific, with c5 moving upto $6 level early in the week. This positiveness created a better sentiment, however other main routes like Iron ore out of Brazil and Atlantic activity remain inactive. This has resulted in a bigger level of spot ships in and towards the Atlantic as well as ships ballasting towards Brazil.


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Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...


Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...


Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...


Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...


Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...


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