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Monday, 01 October 18
SUPRAMAX: A 56,000 DWT FIXED DELIVERY FOR A SURABAYA TRIP WITH REDELIVERY TO WEST COAST INDIA AT $13,500 - THE BALTIC BRIEFING
Capesize
A stop-start market for the big ships with many expectations and few fulfilled. Holidays curtailed trading early in the week, but the C5 route regained some ground with rates in excess of the mid-$7.00s for 11 October onwards, although, bunker values also rose sharply last week. Owners remained optimistic, wanting $8.00 as the week closed out, with some suggesting it had been done. Timecharter trading was less prevalent, with rates ranging from $15,000 to the low $17,000s for Australian round voyages, with the rate dependent on how well the ship was described. Brazil was expected to be active, but again fixing was piecemeal, with rates for mid-late October still under $21.00 for Qingdao discharge. Further north, talk focussed on a tightening supply of tonnage, with rumours dominating the market of sharply higher rates agreed, but not always confirmed as fixed. There were various rumours of over $20,000 daily for transatlantic rates and some suggesting the Puerto Bolivar/Rotterdam route was in excess of $10.00 and heading towards $10.50.
Panamax
Despite the disruption due to the holidays in the East at the start of the week, rates have improved everywhere ahead of further holidays this week. The Pacific has been well supported by mineral trades, especially into India, with South America adding fuel to the flames as owners in the South were able to fix on a DOP basis. A well described Kamsarmax achieved $17,000 daily basis Singapore delivery for a South American round. The Atlantic was busy from the start of the week, with a shortage of tonnage from the Mediterranean, with Kamsarmaxes achieving $15,500 to $16,000 for longer grain rounds which were similar levels to the shorter coal trips in the North. There was also a number of front haul stems from St Lawrence to China covered at around $23,000 daily from Continent deliveries. Period activity was sporadic as charterers considered the effect of this week’s holidays.
Supramax
Overall a positive week for the BSI with gains made from key areas. Period activity remained, with a 56,000dwt fixed delivery Kandla for three to five months trading at $13,500.
The Atlantic saw better demand from the US Gulf, Mediterranean and South Atlantic regions, with a 52,000dwt being covered from the US Gulf to the East at $24,000. In the Mediterranean, a 60,000dwt was fixed delivery for a Canakkale trip via the Black Sea, redelivery Chittagong, at $24,000. Demand remained from Brazil, with charterers seeing improved values for Ultramaxes on the back of strong rates for Panamaxes, with a 63,000dwt covered in the upper $15,000s plus upper $500,000 ballast bonus.
With holidays last week and imminent holidays this week, the market remained relatively firm. A 56,000dwt fixed delivery for a Surabaya trip with redelivery to west coast India at $13,500. More demand was seen from the Indian Ocean, with a 55,000dwt fixed delivery Durban for an early October trip, redelivery CJK-Japan, at $13,700 plus $370,000 ballast bonus.
Handysize
Like the larger sizes, it was a more positive week for the BSHI, with gains made across many routes. Some period activity surfaced, with a 32,000dwt fixed from the Continent for three to five months, trading redelivery to the Atlantic in the mid $10,000s. The Atlantic saw upward pressure from the US Gulf, with brokers suggesting a tightening in tonnage supply was pushing rates higher. From East coast South America, demand remained, as a 37,600dwt fixed delivery Santos for a trip via the Plate to the Baltic in the mid to upper $15,000s. As the week came to an end some suggested a slight easing of demand from the Mediterranean, but few fixtures were disclosed.
With the upcoming holidays in the Asian market, brokers advised little activity evident towards the end of the working week. A 37,000-dwt was reported fixed for two laden legs delivery Indonesia, redelivery Singapore-Japan, but many were waiting to how see how the market will progress in the coming days.
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Tuesday, 13 November 18
INDIA: POWER DEMAND UP; COAL STOCKS AT MINES AT A 5-YEAR LOW - FINANCIAL EXPRESS
Stocks at Coal India mines plunged to a five-year low of 21 million tonne (mt) in October, as a sudden surge in demand for the fuel from the power ...
Monday, 12 November 18
COAL BUSINESS REMAINS PROSPECTIVE - ANTARA
Coal business happened to be sluggish in the 2012-2015 period because coal prices in the world market fell sharply, but it has begun to crawl up si ...
Monday, 12 November 18
INDONESIA'S HBA ENDS DECLINE IN NOVEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 07 November 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
This has been another active week in the second-hand market for both the dry bulk and tanker sectors. Buying interest has recently increased, which ...
Monday, 05 November 18
TIGHTER FUEL RULES COULD RAISE SHIPOWNERS' COSTS AND CAPEX - FITCH RATINGS
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies’ operating costs and capex n ...
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Showing 1566 to 1570 news of total 6871 |
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- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
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