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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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- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Central Electricity Authority - India
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
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