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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, West Australia/China staged a recovery, with a rumour $9.00 was done as well as $8.90, up from $8.40, fixed 24 hours earlier. Timecharter rates appeared to be moving, with a 2011 175,000dwt fixing from Richards Bay to South Korea at $20,000 plus almost a one million dollar ballast bonus. Brazil/China trading has been spasmodic, but at least many of the early ballasters have been absorbed with the Tubarao rate for second half November nearer to the mid $21.00s, with $22 and $23 paid for 1-10 December. Rates also firmed from Brazil to the Continent with trading more active with a Tubarao/Rotterdam fixed near $10.00 and this route attracting Atlantic tonnage. From Colombia, there was talk that the rate was moving above $10.50. Front haul rates for ships open in the North hovered around the $34,000 to $36,000 daily for the run East.
Panamax
It was a week of falling rates in all areas. The Atlantic saw owners with early November ships in the North discounting to fix quick round voyages, with rates paying in the mid-to-high teens for Baltic rounds. South American trade has also slowed with first half November tonnage discounting last done to fix and more failing evident. A 2006-built Kamsarmax failed at $16,300 and $630,000 for 5-7 November for a trip to South-East Asia. A long list of tonnage combined with a slowdown in cargoes from Australia, Indonesia and the NoPac, saw rates slide. Rates for Kamsarmaxes fixing NoPac rounds were barely in the mid $12,000s, while a 6-year-old 75,000dwt agreed $10,000 daily for a trip from Yuhuan via East Coast Australia to China. Period trading was in short supply, but a well-described 82,000dwt failed on charter-party details at $15,500 for a year, with South China delivery early November.
Supramax
It was a lacklustre week with rates failing in a number of areas. The Continent saw vessels ballast away due to a lack of cargo. A 56,000dwt open Rotterdam went at $12,000 for sulphur via the Baltic to Morocco. The Mediterranean maintained some reasonable rates, but largely for October, cancelling vessels, with a 63,000dwt fixed at $25,500 basis delivery Canakkale to South-East Asia. The US Gulf traded sideways, brokers advised. Elsewhere, there was a split in demand from South America, with October vessels from the northern region seeing better demand than further south. A 63,000dwt fixed delivery Barcarena trip to the Mediterranean in the mid $21,000s. The Asian area saw falling rates, with a 61,000dwt fixing delivery Kohsichang trip via Indonesia, redelivery India, at $10,500. Further north a 63,000dwt fixed at $12,000 basis delivery Tianjin via Vancouver back to Indonesia. Period activity remained, but less than last done.
Handysize
It was a slow week in general. The US Gulf market improved, but it was a flat in the Pacific, with some owners preferring to wait for the next moves before making a commitment. There was talk of tight tonnage availability, with October dates in East Coast South America, but as yet, the market direction for November was unclear. However, more short period fixtures were reported this week, with a 33,000-dwt booked from Nemrut for a 10 to 12 month period at a strong $12,000. A similar-sized open Cotonou early November fixed at $10,500 for three to five months, while a 35,000dwt went for three to five months at $14,000 basis delivery Recalada, all worldwide redelivery.
A 37,000dwt open Cabedelo fixed at $16,500 for a trip to Algeria. In the East, a 28,000dwt fixed from Singapore at $8,000 to move sugar from East Australia to Japan. A 33,000dwt open Thailand and a 28,000dwt open Vietnam both went to move sugar from Thailand to Indonesia at mid-to-high $8,000s.
Source: The Baltic Briefing
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Tuesday, 02 October 18
PANAMAX: A FURTHER RISE ACROSS ALL MAIN ROUTES THIS WEEK - ALLIED
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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
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 ...
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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- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
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