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Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
.jpg) Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted a strong fourth quarter have, as yet, offered few reasons for the dramatic fall. The key trade from West Australia to China recovered to the low-mid $6.00s as the week closed out, up from the low of $5.30, but still adrift of $8.50 paid 10 days ago. Similarly, Brazil/China rates continued to take a hit, dropping to around $15.00. Vale, during the week, took upwards of eight to 10 ships, but barely made an impression on the list of ballasters enroute. However, there were signs that some owners were prepared to drop anchor rather than take rates that showed less than operating costs. The North Atlantic also remained in the doldrums, with just a touch more business as the week closed out, but with some increase in rates after the recent debacle. The Puerto Bolivar/Rotterdam rate closed out the week closer to $8.00 than $7.00, limiting trading on the fronthaul, with rates hovering around $20,000.
Panamax
Many will have been relieved to see the end of an eventful week. With China apparently cancelling coal stems, there was uncertainty mid-week, with several ships failing on subjects from Indonesia. However, this later proved to be the most active market in the Pacific, as owners sought to buy some time instead of ballasting. Despite an increase in NoPac stems, rates remained under pressure all week symbolised by the Steel Authority of India awarding a tender, 12 November, at $16.20 Australia to India, then a similar cargo three days later at $14.80. Confidence in the South American market was also shattered in the second half of the week, with significantly lower rates concluded for early December dates. A modern Kamsarmax fixed at $14,500 plus $450,000 ballast bonus. The only bright spot appeared to be the North Atlantic, which still produced some solid rates for transatlantic business at around $15,000 for Kamsarmaxes.
Supramax
The BSI continued to fall last week, especially the Asian routes. Some period activity was seen, with a 63,000dwt open CJK covered at $12,350 for five to seven months trading redelivery worldwide.
The Atlantic traded sideways, with limited activity from the Continent. The US Gulf saw a little more interest, a 58,000dwt vessel was rumoured fixed from here to the UK-Continent at $20,250, whilst a 55,000 tonner fixed to West Coast Mexico in the mid $20,000s. The East Mediterranean remained positional, but some good numbers were seen as a 63,000dwt went delivery Greece, via the Black Sea redelivery Continent at $16,100. East Coast South America was steady, brokers said.
The Asian market remained slow, but as the week ended some suggested a floor was possibly reached, but with coal import restrictions into China a doubt remained. A 63,000dwt fixed delivery Vietnam, via Indonesia, redelivery India, at $9,500.
Handysize
Similar to the BSI, the BHSI remained in negative territory throughout the week. East Coast South America showed a minimal improvement, with sources suggesting more interest on the smaller Handysize ships. There also appeared to be less interest on the bigger-sizes from the Continent during mid-week, with the market remaining flat. In the East, talk of China customs suspending imported coal prompted uncertainty, especially in the Pacific market, prompting rates to fall further.
A 33,000dwt open Poti, was reportedly fixed for a trip to the East Mediterranean at $14,500. A 37,000dwt was booked from Constanza for a trip to the UK Continent at $12,500. A 35,000 tonner, open North Coast South America, went for inter-US Gulf business at $15,000. The 28,000dwt sizes were talking around mid $7,000s from Japan or Singapore for a round voyage, but brokers suggested there were disparities between charterers and owners on rates, with little cargo being circulated.
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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
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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- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Australian Coal Association
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
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