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Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for China hovered around the mid $6s, a few cents off the highs seen during the seasonal break. Increased trading was evident from Brazil as the week closed out, with talk of Vale fixing four or five ships direct at around $16 for end January/early February loading, Tubarao to Qingdao. Earlier expectations had been for rates nearer the mid $16s. CSN also took tonnage for 14-22 January from CSN to Qingdao, but little else emerged. Trading increased in the North Atlantic, with fresh transatlantic cargo and some negotiations underway for fronthaul at rates possibly a shade lower than previously anticipated. The coming week should produce a clearer picture as more return to their desks.
Panamax
It was a short week, with many yet to return to the office until this week. The Atlantic was subdued, with a lack of fresh enquiry especially for inter Atlantic trades. A lengthening tonnage profile meant rate levels came under pressure. A number of Continent ready vessels decided to buy some time by fixing short Baltic rounds, with levels dipping below $10,000 on these trades. South America witnessed greater activity, but here too rates softened. As the week closed out, there was a rumour of $30 per metric tonne concluded for 20-29 January dates Santos to China. The Pacific saw relatively good demand particularly from Indonesia and NoPac. However, with South America looking weaker, owners were less inclined to ballast and charterers maintained, with their ideas helped by a softening FFA market.
Supramax
Following the seasonal holidays, a short week saw the BSI move in a negative direction. Charterers made the first move, covering requirements with distressed vessels remaining open from the holiday period. Limited activity surfaced from the Atlantic, but brokers said that demand was low across the basin. From South America a grain charterer fixed on subjects a 57,900 tonner delivery South Brazil trip via the Red Sea with sugar, redelivery Port Said, in the mid upper $14s. A 58,700dwt vessel fixed from the US Gulf to West Coast South America at $24,000. From Asia there was a steady flow of cargoes but rates were under pressure. A 58,700 tonner was said to be booked delivery Hong Kong trip via Australia, redelivery Singapore-Japan range, at $9,200. The Indian Ocean saw increased fresh enquiry but limited fixtures. However, a 57,000dwt vessel went in the low $11,000s for Arabian Gulf to India.
Handysize
The return to work mid-week after the Christmas and New Year celebrations led to a slow start, with many suggesting that a clearer picture would not emerge for another few days. However, as last week progressed, many routes saw negative movements. Brokers suggested that rates dropped from the US Gulf and East Coast South America due to a lack of fresh enquiry.. A 28,300dwt vessel was fixed delivery North Brazil, for a trip with steels, redelivery West Coast North Pacific, in the mid $12,000s. A 37,800 tonner fixed delivery South West Pass, redelivery West Coast South America, at $13,500. The Asian routes also remained under downward pressure. A 32,000dwt vessel was rumoured fixed delivery Indonesia trip via Australia, redelivery Thailand, in the low $6,000s. It remained to be seen what the market will trade in the next few days.
Source: The Baltic Briefing
This report originally published on 4 Janaury 2019 on Baltic Briefing
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Saturday, 29 December 18
DELIVERY OF CARGO WITHOUT PRODUCTION OF THE ORIGINAL BILL OF LADING - TT CLUB
KNOWLEDGE TO ELEVATE
As the bill of lading is a document of title, a person presenting it to the carrier or its agent is ostensibly entitled t ...
Friday, 28 December 18
BIMCO 2020 SULPHUR CLAUSES: "A FAIR ALLOCATION OF RESPONSIBILITIES AND LIABILITIES'? - INCE & CO.
To assist owners and charterers to address the legal issues arising under any time charterparties, which will span the 1 January 2020 implementatio ...
Thursday, 27 December 18
DRY BULKERS SPOT FREIGHT MARKET W/E 21 DEC - ALLIED SHIPBROKING
Capesize
A negative week for the Capesize sector, as activity remained at low levels, especially in the Pacific, with rumors regarding agreed r ...
Thursday, 27 December 18
SHIPPING IS ENTERING A NEW ERA OF EVER CHALLENGING CONDITIONS - ALLIED
As we move closer to the end of the year and we look forward into New Year, we are still finding ourselves looking deep into a market outlook full ...
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 ...
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Showing 1511 to 1515 news of total 6871 |
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- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
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