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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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Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...
Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...
Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...
Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...
Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant say ...
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Showing 1746 to 1750 news of total 6871 |
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- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- The University of Queensland
- Wood Mackenzie - Singapore
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
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