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Friday, 01 February 19
ULTRAMAX WAS FIXED DELIVERY KALIMANTAN, FOR TRIP TO WEST COAST INDIA AT $7,000 - BALTIC BRIEFING
 Capesize
The Vale dam tragedy sparked a sharp fall in rates across all regions even where tonnage remained tight. The potential loss of production prompted a panic among some owners and operators who chased rates down. Vale did fix a ship on the key run from Tubarao to Qingdao at $13.75 mid-week and as the week closed out the rate was hovering around the mid $13.00s. The North Atlantic still saw limited tonnage availability but fronthaul rates dipped closer to $20,000 and a well described 180,000dwt vessel fixed a transatlantic round at $14,000 daily. In the East, as the Chinese New Year approached, the rate from West Australia to Qingdao dropped to $4.80 with, as yet, little sign of the market finding a floor. Timecharter trading was limited, but certainly rates were significantly lower. However, some owners resisted taking equivalents of voyage rates agreed. There was some back-haul business coming to light with a 135,000dwt 10% coal cargo fixed, from Richards Bay to Hamburg via the Panama Canal, at a rate in the low $9.00s – suggesting a substantial negative return. Period rates were also lower, with a 179,000dwt fixed for 11 to 14 months trading, with China delivery at $15,000.
Panamax
Despite talk of more enquiry in the East last week (seasonal holidays), most fixtures, concluded from Australia and Indonesia, have been on an arrival pilot station (APS) basis, whilst from the North Pacific Kamsarmaxes fixed as low as $4,000 daily for a round trip. The Atlantic followed a similar pattern, with vessels fixing on an APS basis, or on voyage, with many having to agree some waiting time for later cargoes to find cover. Non-South American front-haul saw a Panamax fixed at $10,000, basis Gibraltar delivery, whilst South America appeared to stabilise and even show a slight improvement for end February-early March stems. Meanwhile, Kamsarmaxes concluded at $13,300, plus $330,000 ballast bonus, as opposed to $12,750, plus $275,000 ballast bonus, or lower for earlier dates. Period interest remains from charterers, but not at levels owners would entertain.
Supramax
Since the start of the year the Baltic Supramax Index (BSI) has lost around 50% of its value, and with widespread holidays in Asia in the week ahead the market remained cautious. Period activity was evident, but charterers looked to cover with discounted rates early in the week, and split rate thereafter. Levels from key areas, such as East Coast South America, remained poor, with a 58,000dwt vessel booked at $9,500, plus $95,000 ballast bonus. From the US Gulf, Supramaxes were seeing numbers at around $5,000-6,000 for transatlantic runs. Very little activity was registered elsewhere with tonnage lists growing. Routes in Asia also suffered heavy losses with owners having to give APS rates. An Ultramax was fixed delivery Kalimantan, for trip to West Coast India at $7,000, with limited action further north. Again, the Indian Ocean was slow, with a 63,000 tonner covering delivery South Africa, redelivery Arabian Gulf, to West Coast India range at $11,000 plus $100,000.
Handysize
With the long first month of the year now over, next comes the Chinese New Year celebrations. The Baltic Handysize Index (BHSI) recorded a large fall, from 588 on the first index day of 2019 to 328 on 31 January. Spot ships were building up in both basins with little cargo lending support, brokers said. A few more fixtures were reported from East Coast South America, with a 33,000dwt ship fixing at $5,250 from Recalada, to redeliver in ARA-Ghent range. A 30,000dwt vessel was booked for moving sugar from Santos to the West Mediterranean at $5,000. The same level was concluded on larger Handysize vessels in northern Brazil, for redelivery in the Baltic area, with some waiting days. In the East, two 28,000dwt vessels were fixed via Australia, to redeliver in Singapore/Japan range, in the low-mid $4,000s, basis Singapore delivery from the Persian Gulf. A 28,000dwt was covered at $7,000 for a run to Bangladesh with fertiliser.
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Monday, 11 March 19
SUPRAMAX: A 61,000 DWT VESSEL WAS BOOKED SINGAPORE FOR A TRIP VIA INDONESIA TO CHINA AT $10,500 - BALTIC BRIEFING
Capesize
A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in ...
Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt ...
Friday, 08 March 19
CHINA'S COAL DEMAND FORECAST TO DROP SLOWLY - YONHAP
China’s coal demand is expected to fall at a snail’s pace over the next 20 years due to the country’s preference for the cheap fo ...
Thursday, 07 March 19
INDONESIAN COAL PRICE REFERENCE PLUNGE TO LOWEST IN SEVEN MONTHS
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 06 March 19
KOSPO INVITES BIDS FOR 80,000 MT OF 3800 NCV COAL FOR 21 - 30 MARCH, 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 80,000 MT of min 3,800 kcal/kg NCV low calor ...
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Showing 1451 to 1455 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- The University of Queensland
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
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