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Friday, 11 January 19
SUPRAMAX: THE ASIAN ARENA HAD A MIXED START; LIMITED ACTION IN SOUTHEAST ASIA - THE BALTIC BRIEFING
.jpg) Capesize
Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day. West Australia to China rates briefly moved closer to the high $6.00s, but ended the week at $6.25, as a 2002-built vessel fixed at this rate from Dampier. The ship was re-let having fixed on timecharter at $9,000 daily basis Hong Kong delivery. The Australian miners slowed the pace as the week ended with at least one now bidding $6.00. Brazil to China rates improved briefly, with business fixed in the low $18.00s for January, but dropped sharply lower. However, a 1 to 10 February has now been done at $17.50. Similarly in the North Atlantic, a tighter tonnage supply saw fronthaul rates in the low $30,000s for a 171,000 tonner. There was transatlantic activity, with the BCI C7 Puerto Bolivar to Rotterdam route fixed at $9.00.
Panamax
With a complete return to work for the first full week of the year it was perhaps no surprise that it was very active, with a large volume of trades reported. Despite the increased activity, there remained too many early vessels in the Atlantic, combined with ballasters from the East, forcing rates lower throughout the week, with many having to wait for later laydays. The transatlantic index dropped $2,500 Monday to Thursday and was still considered by many to be overmarked. South America also softened, with well described Kamsarmaxes fixed at $13,750 plus $375,000 ballast bonus. In the North Pacific saw a busy week but lacked support from the minerals trades, although there was a noticeable increase in cargoes to India during the second half of the week. Indonesia has been disappointing, with rates especially for smaller units hit harder. Some vessels had to wait for later cargoes, but in spite of the weakened spot levels, there were still several short period fixtures concluded.
Supramax
The first full week back after the holidays was not encouraging, with the Baltic Supramax Index (BSI) falling and tonnage supply outweighing demand in many areas. Limited period activity surfaced, but a 61,000dwt vessel was reported delivery Japan for four to six months trading at $12,500. The Atlantic suffered especially from the US Gulf-US East Coast area where rates fell and a 56,000dwt ship fixed at $14,000 from the East Coast to the Mediterranean. From the Mediterranean, an Ultramax was rumoured fixed in the $19,000s for a trip to the Far East. The Asian arena had a mixed start. From the Indian Ocean a 60,200 tonner fixed delivery South Africa trip to the Far East at $12,400, plus $250,000 ballast bonus. A 56,000dwt vessel agreed delivery Kobe for a North Pacific round at $10,000. Limited action in Southeast Asia but a 53,000 tonner open Cebu went for a trip via Indonesia, redelivery Southeast Asia, at $8,000.
Handysize
The first full week back began on a low note, with routes across all areas losing ground. Due to a good supply of prompt tonnage from East Coast South America, and a lack of fresh enquiry from the US Gulf, rates slipped. From East Coast South America a 32,000dwt vessel was booked at around $10,000 for a trip to Morocco. A 33,000 tonner went to a grain house at $9,500 delivery Recalada for a transatlantic run. The market remained depressed in the US Gulf, a 38,000dwt ship fixed to the Continent at $9,000. From the Continent, mid-size Handysizes were also around $9,000 for trips to the Mediterranean. In the East, the market lacked impetus. From the North a 38,100 tonner fixed from CJK to Southeast Asia in the high $7,000s. Further South, a 35,000dwt vessel agreed a steels run from South China to Indonesia in the mid-high $7,000s.
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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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- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
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