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Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
.jpg) Capesize
A positive end to last week after a somewhat uncertain start as some gains made were eroded. Rates recovered later for West Australia/China, nudging the high $8.00s with rumours of $9.00 for prompt positions. In addition, there was finally action from Brazil, with a few cargoes fixed for China as the week closed out with some early ships covered in the mid-high $16.00s and $17.25 paid for early January. Brokers said there were fewer ships in ballast. Atlantic trading also perked up, with fresh business increasingly evident and rates beginning to move, with the odd weaker rate appearing. On the key Puerto Bolivar/Rotterdam run there were reports that charterers were now bidding in the low-mid $9.00s, but so far unfixed. A Narvik/El Dekheila cargo allegedly went at $7.90 and was said to show a timecharter equivalent of over $20,000. Much of the fronthaul fixed was largely breaching business from St. Lawrence, and on voyage, but rates were assessed around $30,000 daily.
Panamax
A very flat week for the indices with rates mostly hovering at the same levels, however, news of fresh concluded sales into China boosted sentiment greatly, with much more period activity evident as a result. A Panamax open South China early January covered for a year at $12,000. Multiple short period trades were also reported. The Pacific continued to be propped up by impressive Indonesian volume. The news of thirty cargoes sold from the NoPac to China, was coupled with improving rates in the North, with Kamsarmaxes fixing at $11,000 or more for round voyages again. South American trades for December slowed, as most stems have been covered now. However, rates remained steady, to slightly better, at around $15,750 plus $575,000 ballast bonus for Kamsarmaxes. In the North, period interest helped increase demand and spot rates saw a slight improvement at the end of the week.
Supramax
It was a more positive week than of late for the Baltic Supramax Index (BSI). The Index showed some strong gains, with China buying US soybeans helping to support the market. Period activity remained across both basins. A 66,000dwt open Indian Ocean fixing at around $14,000 for four to six months trading. As the week came to a close a more positive sentiment appeared across some areas; The US Gulf showing improved activity. Brokers suggested this was due to increased enquiry from East Coast South America. A 60,000dwt was rumoured fixed from the Gulf for a trip to the Continent in the upper $17,000s. The Asian market made gains, with better flows for NoPac and Australian cargoes. A 63,000 tonner fixed delivery Surabaya trip, via West Australia, redelivery China at $13,500. There was stronger demand from SouthEast Asia, with more coal being shipped. A 63,000dwt vessel was booked delivery Gresik trip, via Indonesia, redelivery CJK in the low $14,000s.
Handysize
The overall Baltic Handysize Index (BHSI) recorded a similar level as it achieved in December 2017. Rates from East Coast South America improved, but negative sentiment from the US Gulf market became more evident last week with limited cargoes. The Pacific market was again less active as Christmas approached. On the period front, a 37,000dwt vessel open North Coast South America went for four to six months at $12,000, with redelivery within the Atlantic.
A 32,000dwt open Canakkale fixed for a trip to the Spanish Mediterranean at $13,750, while another 34,000dwt open Otranto did a similar run at $12,500. A 37,000dwt was booked for woodpellets from US East Coast to the Continent at $14,000 in mid-week, and later, a 38,000 tonner went for a similar trip in the mid $12,000s. A 32,000dwt open Singapore went for a trip via Indonesia to Thailand early last week in the East. A 38,000dwt in Vietnam fixed via Indonesia to China at the same rate.
Source: The Baltic Briefing
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Tuesday, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...
Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
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Showing 1516 to 1520 news of total 6871 |
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- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
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