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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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Monday, 29 October 18
IMPLEMENTATION OF SULPHUR 2020 LIMIT - CARRIAGE BAN ADOPTED - IMO
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Mari ...
Monday, 29 October 18
SUPRAMAX: THE ASIAN AREA SAW FALLING RATES, WITH A 61,000DWT FIXING DELIVERY KOHSICHANG TRIP VIA INDONESIA, REDELIVERY INDIA, AT $10,500 - BALTIC BRIEFING
Capesize
A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, ...
Friday, 26 October 18
SHIP OPERATING COSTS EXPECTED TO RISE IN 2018 AND 2019 - MOORE STEPHENS
Total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.
...
Friday, 26 October 18
SEVERAL CONTRACTIONS IN GLOBAL STEEL PRODUCTION - JEFFREY LANDSBERG
World Steel Association data released today shows that global crude steel production totaled approximately 151.7 million tons in September. T ...
Thursday, 25 October 18
WHAT DOES THE "IMO 2020" REGULATION REALLY SAY? A QUICK GUIDE - BIMCO
KNOWLEDGE TO ELEVATE
The shipping industry has all eyes firmly fixed on the topic, but what exactly do the “IMO 2020” global sulph ...
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- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
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