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Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slipping. However, rising iron ore prices and renewed talk of Vale fixing ships from Brazil for early November, from Tubarao to Qingdao, in the low $20.00s, steadied nerves. Others fixed later November cargoes, allegedly at timecharter rates, equating to around $22.50. West Australia/China rates slipped to the low $8.00s but resistance was evident as the week closed, with rates nudging the mid-high $8.00s with reports of ships fixing on timecharter showing over $9.00. The North Atlantic was slow, although a 6-15 November, 160,000dwt, 10% cargo, fixed Puerto Bolivar/Rotterdam at just under $10.00. A well described 180,000dwt, with Gijon delivery secured $22,000 or $22,500 daily for a transatlantic round. NYK secured an NSSMC tender midweek to move a cargo from Port Cartier to Japan on voyage, but a timecharter equivalent in nearing $35,000.
Panamax
Coaltrans, in Barcelona early last week, disrupted trading with many travelling. However, the second half of the week failed to show improvement. The North Atlantic was bereft of fresh enquiry for most of the week, although a well described Imabari 84,000dwt fixed a US Gulf round voyage at $19,500 from the Continent. However, this was a fleeting high point as only prompt ships seemed to cover, while the rest waited, hoping for new business. The South American market was unusually slow with early ships still able to fix at strong numbers, evidenced by an October Kamsarmax fixing, basis Cape of Good Hope, at $18,150 plus $425,000 ballast bonus. But again, this appeared to be an exception, as most charterers with November stems held off and bid below last done. The Pacific saw a large volume of fixing, with Indonesia again the driving force, and vessels in the South maintaining strong returns whilst vessels in the North were forced to lower their expectations.
Supramax
A firm week in the Atlantic, especially in the South for vessels able to make October cancelling. An Ultramax was fixed for a trip from east coast South America, redelivery Chittagong, at $17,000 plus $700,000 ballast bonus. The US Gulf remained evenly balanced on both supply and demand, with a 56,000dwt fixed for a trip to west coast Central America at $24,500. Again, demand was seen from the Mediterranean, with a 63,000dwt fixed delivery Canakkale via the Black Sea, redelivery Continent at $19,000. Charterers in both basins remained in the market for period cover. A 63,800dwt was booked, delivery Magdalla, for five to seven months trading at $15,000. Rates remained firm during the week from the Indian Ocean. A 64,000dwt fixing, basis delivery South Africa, for a trip far east at $14,000 plus $400,000. A slow start further east but as the week closed, improved numbers were discussed.
Handysize
Whilst rates largely traded sideways in the Asian market, areas in the Atlantic remained firm. Period activity came to light, with a 32,000dwt linked to a four to six months trading, redelivery Atlantic, in the mid $12,000s. And a 34,000dwt fixed to short period at a similar level basis, delivery Continent. Improved numbers were seen from the eastern Mediterranean and a 37,000dwt agreed, delivery Canakkale, for a trip via the Black Sea, redelivery Tunisia, at $18,500, option redelivery Black Sea at $17,500. Healthy numbers were discussed from east coast South America, with a 36,500dwt booked, delivery Rio Grande, for a trip, redelivery Algeria, in the mid $16,000s. In Asia, a lack of fresh business slowed the pace. A 37,000dwt was fixed, delivery China, for a trip with steels in the mid-high $10,000s, and a 30,000dwt fixed, delivery Singapore, via western Australia, redelivery Arabian Gulf, at $8,000.
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Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...
Friday, 30 November 18
GOVT MULLS REQUIRING MINERS TO TURN COAL INTO GAS - THE JAKARTA POST
The government is considering requiring all coal miners to turn the raw commodity into dimethylether (DME) as a substitute for liquefied petroleum ...
Friday, 30 November 18
SUPRAMAX: N. CHINA TO INDIA OR SE ASIA SUPRAS ARE GETTING PAID AROUND US$ 6000 - FEARNLEYS
Capesize
Sharp rise in spot activity and income, admittedly from very low levels, for the big ships. West Australia/China and Brazil/Far East b ...
Thursday, 29 November 18
NEW IMSBC CODE REQUIREMENTS AIM TO CONTROL LIQUEFACTION OF COAL CARGOES - GARD
KNOWLEDGE TO ELEVATE
The International Maritime Solid Bulk Cargoes (IMSBC) Code describes coal as a natural, solid, combustible material consi ...
Wednesday, 28 November 18
SHIPPING MARKET INSIGHT - GEORGE LAIOS
Last week I had the privilege to attend the SingularityU Greece Summit, in Athens. It was a privilege because you do not often have the chance to s ...
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- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- VISA Power Limited - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Parliament of New Zealand
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
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