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Saturday, 07 July 18
SUPRAMAX: THE ASIAN MARKET STRUGGLED; A 57K-DWT WAS REPORTED FIXED BASIS DELIVERY SINGAPORE FOR A TRIP VIA INDONESIA REDELIVERY INDIA AT $12K
.jpg) Capesize
A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, though, mostly unsuccessfully says Baltic Briefing in its latest weekly report.
The report further said, Fronthaul rates climbed to the equivalent of over $40,000 daily, with a cargo allegedly fixed on voyage basis from Port Cartier to Japan at a timecharter equivalent of $42,500 daily basis 90 days duration. Transatlantic rates too saw significant gains, with a 165,000-tonne 10% coal cargo from Drummond to Hadera at $13.75, and a 2010, 169,000-tonner not particularly well-described fixing from Gibraltar for a Colombian round voyage at a rate in the upper $20,000s. The Brazil/China rate maintained gains, with a 23-25 July cargo booked from Tubarao to Qingdao at $23.25 and early August cargoes concluded slightly lower. A slower pace initially in the East, but as the week closed out a rumour circulated that a rate in the low $9.00s was fixed for 19 July onwards from West Australia to China, the highest rate seen for over six months. Rio Tinto and BHP Billiton were both active over the week with the former fixing in the upper $8.00s. Delays too were building in China, with bad weather proving an issue. Paper values were also sharply up over the week but so far little period activity was reported.
Panamax
Commenting on Panamax, Baltic Briefing says, the Atlantic tonnage list continued to tighten last week, and sentiment was further helped by the appearance of several Cape splits entering the market, as rates there rose rapidly. But more than once charterers found themselves unable to make the business work on smaller ships. The North Atlantic and the Mediterranean also saw more fronthaul trades. Rates crept up throughout the week, with a modern Kamsarmax fixing at close to $20,000 from the Continent via North coast South America to the East. East coast South America was slightly more subdued compared to recent weeks, with the continued threat of cheap Ultramax tonnage but rates just about held their ground with a Kamsarmax fixed at close to $16,000 plus $600,000 ballast bonus for end July arrival, while an August stem fixed on a voyage basis from Santos to North China at $34.75 per mt. The Pacific remained oversupplied, and rumours of Indonesian export problems did little to help owners. Rates softened for all but the very well described Japanese units in premium positions although the period/short period market remained flat due to the strong Cape market and improved paper values.
Supramax
According to Baltic Briefing, A mixed week with a growing tonnage lists in Asia putting Supramax rates under downward pressure at the end of last week. In contrast, from the Atlantic there was limited activity reported, but as the week closed out certain areas saw a tightening of tonnage especially in the US Gulf and Mediterranean areas.
From the US Gulf, a 56,700-dwt was reported fixed for a trip with grains to Turkey in the upper $13,000s. On fronthaul, an Ultramax was linked to a trip to the Far East in the low $20,000s. Limited activity from East coast South America saw a 57,900-dwt rumoured fixed for a trip to Algeria in the low to mid $13,000s. In the Mediterranean, a 58,000 open Bejaia was fixed for a trip via the Spanish Mediterranean, redelivery West Africa, in the mid $11,000s, whilst for trips from the Black Sea area to the Far East another 58,000 was rumoured fixed in the mid $16,000s. Limited trading from the Continent, with a 56,000 fixed for a scrap run to Turkey at around $12,000.
The Asian market struggled and a 57,000-dwt was reported fixed basis delivery Singapore for a trip via Indonesia redelivery India at $12,000. Later, a 56,900-dwt also open Singapore was booked for a trip via Indonesia, redelivery China, in the low mid $10,000s. Nickel ore runs saw a 57,000 open Lanshan covering also at around $10,500 for a trip to China.
Handysize
Baltic Briefing weekly report says, the handy market stayed in the negative zone all week with routes in both basins struggling to show improvement. Sources suggested cargoes circulated in key markets in the Atlantic but low rates were offered curtailed trade. In the Pacific, fixtures reported on the period front included a 32,000-dwt open Onsan with no further details and two medium-sized fixed $9,000 delivery, Lugait, Philippines and $10,500 delivery Samalaju respectively both for two laden legs with redelivery in Singapore/Japan range.
From East coast South America, a 31,000-dwt was fixed for a grain cargo to Dammam at $14,500 early in the week. From the US Gulf, a 35,000-dwt was fixed for scrap cargo to the Mediterranean at approximately $9,750. A 35,000-dwt open US East coast was booked to move wood pellets to the Continent at $11,000. A 38,000-dwt open Canakkale was booked at $8,000 for a run via Constanza to the Adriatic Sea, and another handy-sized open in the same area was fixed $9,000 for a fronthaul run to Thailand. In the East, a large Chinese vessel open in Hong Kong was booked for a trip to the Continent at $8,000 for the first 62 days and $12,000 thereafter. A 35,000-dwt open Thailand was fixed for logs via Malaysia to West coast India also at $8,000. A 28,000-dwt open in Indonesia agreed $10,000 to run via Australia and redeliver in China with concentrates.
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Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize
Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...
Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...
Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...
Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...
Friday, 18 May 18
AFTER COAL, INDONESIAN GOVERNMENT PUSHES DMO ON GAS FOR ELECTRICITY
After introducing its domestic market obligation (DMO) policy for coal on March 12, the government is going forward with its plan to introduce a DM ...
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Showing 1716 to 1720 news of total 6871 |
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- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- The University of Queensland
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- VISA Power Limited - India
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
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