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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 $7,000 for a run to Bangladesh with fertiliser.
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Sunday, 07 October 18
SUPRAMAX: INDO-INDIA USUAL COAL RUNS WERE COVERED AT US$ 12K - FEARNLEYS
Capesize
Average daily earnings up close to 15 pct in 5 trading days, thus patience finally paying off for owners of the big ships - Chinese play ...
Sunday, 07 October 18
A CASE FOR 20/20 VISION? IMO'S LOW SULPHUR FUEL LIMIT UNDER MARPOL ANNEX VI WHICH COMES INTO FORCE ON 1ST JANUARY 2020
KNOWLEDGE TO ELEVATE
The implementation of the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI in just under 18 months’ ti ...
Friday, 05 October 18
COAL PRODUCTION REACHES 64% OF 2018 TARGET : THE JAKARTA POST
National coal production up to August has already reached 311 million tons, or 64 percent of this year's total target of 485 million tons, acco ...
Wednesday, 03 October 18
VALUE OF AUSTRALIAN COAL EXPORTS TIPPED TO DECLINE SHARPLY OVER NEXT 18 MONTHS - THE GUARDIAN
Thermal coal prices forecast to drop 25% and metallurgical coal prices 23% as value of iron ore exports also falls
The value of Aust ...
Wednesday, 03 October 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
The bunker fuel supply and availability landscape is close to its transformation with the enforcement of the IMO’s global 0.5% fuel Sulphur c ...
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Showing 1596 to 1600 news of total 6871 |
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- Deloitte Consulting - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Planning Commission, India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
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