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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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Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
Wednesday, 19 December 18
GLOBAL COAL DEMAND SET TO REMAIN STABLE THROUGH 2023, DESPITE HEADWINDS - IEA
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as decli ...
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Showing 1516 to 1520 news of total 6871 |
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- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Economic Council, Georgia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- PTC India Limited - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
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