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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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Wednesday, 03 October 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
The bunker fuel supply and availability landscape is close to its transformation with the enforcement of the IMO’s global 0.5% fuel Sulphur c ...
Tuesday, 02 October 18
PANAMAX: A FURTHER RISE ACROSS ALL MAIN ROUTES THIS WEEK - ALLIED
Capesize
Finally an upward recovery was in sight in the spot market the past few days, after the prolonged negative pressure noted the weeks pr ...
Tuesday, 02 October 18
THE PRICE OF OIL CONTINUES ITS CLIMB AMIDST A SERIES OF CONCERNS REGARDING SUPPLY CONSTRAINTS - GEORGE LAZARIDIS
It has been a busy week for oil traders as the price of oil continues its climb amidst a series of concerns regarding supply constraints.
...
Tuesday, 02 October 18
INDONESIA GETS READY TO MEET INCREASED COAL DEMAND FROM CHINA, FREIGHT TO RESPOND - MIKAL BOE
Indonesian coal suppliers have increased their domestic coal production target by 4.5 percent from a previous 485 million tonnes to a massive 507 m ...
Monday, 01 October 18
A NO-DEAL BREXIT WILL UNDOUBTEDLY HAVE CONSEQUENCES FOR IMPORTERS AND EXPORTERS - KATE JONES, THE BALTIC BRIEFING
If you live in the UK, you might be finding it difficult to get away from the Brexit debate. “Hard Brexit”, “soft Brexit”, ...
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Showing 1601 to 1605 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Planning Commission, India
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- White Energy Company Limited
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