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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 $7,000 for a run to Bangladesh with fertiliser.
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Thursday, 03 January 19
CAPESIZE: A MORE POSITIVE START OF THE NEW YEAR THAN EXPECTED FOR THE BIG SHIPS - FEARNLEYS
Capesize
A more positive start of the new year than expected for the big ships, with average gains of US$ 500/day posted on the first tra ...
Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
Indonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, accordin ...
Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019.
...
Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output an ...
Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...
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Showing 1506 to 1510 news of total 6871 |
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- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
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