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Saturday, 09 February 19
SUPRAMAX: A 63,000-TONNER WAS REPORTED FIXED DELIVERY FOR AN EAST KALIMANTAN TRIP, REDELIVERY WEST COAST INDIA, AT $9,250 - THE BALTIC BRIEFING
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The Vale disaster weighed heavily on the market for big ships, with uncertainty about shipments/future exports leading to a sharp drop in rates. The miners have largely been absent from the market, with just a handful of others there with cargoes to move, and rates are expected to slip under $13.00 for first half March positions. Ballasters heading to Brazil eyed South Africa as an alternative and there too rates were slashed, falling below $9.50 with a 4-9 March 170,000-tonne 10% cargo fixed at this rate from Saldanha to Qingdao, said the Baltic briefing in its latest report.
the Baltic briefing further noted, these ballasters also put pressure on the North Atlantic market, with some allegedly looking at Colombia destinations in addition to West Africa. Fronthaul activity was slow and even rates for cargoes breaching international navigating limits (INL) dropped sharply, with a Seven Islands/Oita cargo booked in the mid-high $19.00s. In addition, the Lunar New Year holidays continued to hamper trading, although West Australia/Qingdao rates steadied around $4.90 for 20 February onwards. Timecharter trading was negligible, however, earlier in the week a well described 180,000-tonner went at $10,000 for an Australian round, but lesser vessels were likely to see several thousand less as the week closed out.
Panamax
Commenting on Pamamax, the Baltic briefing says, a disrupted week with holidays in the East, but surprisingly the Pacific market looked slightly improved last week. The North Pacific was active, with vessels fixing a little above last done in the $6,000s and even $7,000 for round voyages, a coal tender from Australia to India was awarded at $13.25, when a similar cargo on 28 January was concluded at $12.05. Richards Bay was also busy with multiple stems fixed into India, which may help the South American market, having been flat last week. Further north, a healthy tonnage supply meant charterers were able to cover on voyage at levels close to zero return on a timecharter equivalent. Brokers commented there had been period interest, although few owners had been willing to commit at current levels.
Supramax
With widespread holidays in Asia last week, activity remained very slow in the beginning, but picked up as the week came to a close. The Baltic Supramax Index (BSI) again saw losses, but once more, these were less dramatic as the week progressed, with keys areas showing resistance. Limited period activity surfaced with a 61,000dwt vessel reported fixed for one year delivery Far East, end February-early March, at $10,500. From key areas such as East Coast South America, rates remained under pressure, with prompt vessels remaining open but a 55,000-tonner fixed delivery Brazil trip, redelivery China, at around $8,000 plus $80,000 ballast bonus. For transatlantic runs, a 57,900dwt vessel was fixed delivery Up River trip to Spain at $5,500. The East Mediterranean also struggled, as a 60,500dwt ship agreed delivery Canakkale trip, redelivery US East Coast, at $3,500. Limited action surfaced from Asia, but a 63,000-tonner was reported fixed delivery for an East Kalimantan trip, redelivery West Coast India, at $9,250, said the Baltic briefing.
Handysize
According to the Baltic briefing , the market in the East was largely closed in the first half of the week, with the Chinese New Year celebrations ongoing, while the Atlantic basin continued softening. However, more new orders appeared from East Coast South America and the US Gulf towards the weekend, and the market finally saw a ray of hope after the past few weeks of falling rates. There was ground for optimism on some of the Atlantic routes, whilst the Pacific market was expected to be fully up and running this week.
From the US Gulf, a 33,000-tonner was booked for a trip to West Coast Central America at approximately $8,000. Another similar-sized open spot in the Caribbean was fixed for a trip from Southwest Pass to the Continent at around $5,000, with dates from mid-February onwards. A 37,000dwt vessel fixed basis Panama USA for a trip to the UK-Denmark-Continent at $5,000. On the voyage front, two coal stems of 38,000-tonnes 10% coal each both from Beira to Visakhapatnam-Paradip range were fixed at $18.40 and $19.70.
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Wednesday, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
Wednesday, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...
Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.
First there was a court ruling blocking a new mine on climate change ground ...
Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...
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Showing 1456 to 1460 news of total 6871 |
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- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- PTC India Limited - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
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