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Monday, 18 March 19
A 56,000DWT SHIP FIXED DELIVERY FOR A SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY CHINA, AT $10,000 - BALTIC BRIEFING
.jpg) Capesize
The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacific-led gains were seen early in the week. As the market drew to a close on Friday, higher Atlantic rates were being traded. Demand from all the major miners saw West Australia/China rates lift above $5.00 last week, rising to the mid-$5.00s mid-week, and over $6.00s as the week closed out. Timecharter rates rose sharply, with the Baltic Capesize Index (BCI) route C10 finishing at $8,117. A well-described 180,000-tonner fixed in the mid $10,000s. East Australian coal shipments too lent support. Transatlantic rounds traded mid $4,000s early in the week, rising to mid $6,000s as the week closed out. A well described modern Capesize, spot Gibraltar, fixed a Colombian round at $9,000. There is cautious optimism for the new week, but Brazil cargo has remained in short supply, with no end in sight to Vale’s woes. There was some limited cargo booked from Itagaui to Qingdao at $12.00 for prompt dates.
Panamax
A relatively uneventful week finished with a positive outlook. It began slowly, with rates everywhere except South America coming under pressure. Surplus tonnage in the North Atlantic coupled with dwindling fresh enquiry in the Pacific continued this week. Prompt tonnage seeking to remain in the Atlantic was forced to face Arrival Pilot Station (APS) rates, mainly from North Coast South America. Kamsarmaxes were fixed at $11,500 with no ballast bonus, but vessels willing to do trips to the East were able to fix from an active South American market. Rates rose slightly, with modern tonnage fixed in the upper $14,000s plus high $400,000s ballast bonus. Rates in the North Pacific dropped initially before recovering some ground later in the week, but mainly for the better described units, with tonnage fixing North Pacific rounds at approximately $9,500. With a change in tone on the paper market, charterers began to ask for period tonnage again, however, there were few trades evident.
Supramax
It was a flat week for the Baltic Supramax Index (BSI) with little movement. Period activity remained limited, but an Ultramax, open Japan, was fixed at $12,500 for six to eight months trading. The Atlantic market remained static, with limited fresh enquiry from the East Mediterranean-Continent areas. East Coast South America appeared more active, with better levels achieved. A 58,000dwt vessel fixed delivery for an Up River trip to the Arabian Gulf at $14,000 plus $400,000 ballast bonus. The US Gulf was finely balanced, with a 52,000-tonner fixing in the mid $10,000s for a trip with petcoke to the Mediterranean. Demand remained strong in Asia, however, tonnage availability was high, so as the week ended, rates eased. A 56,000dwt ship fixed delivery for a Singapore trip via Indonesia, redelivery China, at $10,000. Further north, an Ultramax fixed a North Pacific round, delivery Japan, in the $10,000s. The Indian Ocean saw activity, with a 57,000dwt vessel fixed delivery Damman for a trip to Kosichang at $10,750.
Handysize
Rates climbed again in both basins in the past week and the Baltic Handysize Index (BHSI) was well supported. It is now above 430, improving over 100 points since mid-February. On the period front, a 38,000dwt ship, delivery in Southwest Pass with prompt date, was booked for four to six months at $10,300, with redelivery in the Atlantic. A similar-sized vessel, also open in the US Gulf region, was booked for a grain trip to Morocco at $9,850. A 30,000-tonner was fixed for scrap cargo to the East Mediterranean at $8,000, delivery Tampa. From East Coast South America, a trip to the Mediterranean was reportedly concluded in the high $9,000s on a 32,000dwt vessel, and in the mid $8,000s for a coastal trip on a 28,000dwt vessel. A couple of fixtures were concluded in the $4,000s for a run from Iskenderun/Canakkale to Egypt. In the East, the Pacific market remained firm in general, with improved numbers discussed and fixed. A small Handysize vessel was paid $7,500 basis Indonesia delivery for moving alumina, via Australia, to Singapore-Japan range. A 38,000dwt ship open CJK was fixed at a rate in the low $9,000s for redelivery in Southeast Asia.
Source: The Baltic Briefing
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Sunday, 28 April 19
SUPRAMAX: A 54,000DWT VESSEL OPEN GRESIK FIXED VIA AUSTRALIA, REDELIVERY CHINA, IN THE MID $12,000S - BALTIC BRIEFING
Capesize
Following the holidays, activity increased in both the Pacific and Atlantic Basins. The 5TC average rallied, closing at $8,596, up $1, ...
Wednesday, 24 April 19
PANAMAX: IN THE EAST, THE MARKET MOVED SIDE-WAYS, WITH FEWER COAL CARGOES FROM INDONESIA PUTTING PRESSURE ON RATES - INTERMODAL
Sentiment in the Dry Bulk market slowly but steadily kept improving last week as Capesize rates remained in recovery mode and Panamax earnings also ...
Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...
Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants
Surge in coal imports has now forced Coal India Ltd (CIL) ...
Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...
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Showing 1411 to 1415 news of total 6871 |
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- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Planning Commission, India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
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