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Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize
The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throughout the week, Cyclone Veronica developed in North-Western Australia prompting Port Hedland and Dampier to issue port closure notices, expected to last in-excess of 48 hours. Miners were largely absent through the latter part of the week, as route C5 traded sharply down to $5.00. Mid-week saw a short-lived bump in freight on South Africa/Qingdao tender cargo as the slim ballaster fleet showed signs of pressure points, with many reluctant to head west. The Atlantic basin, bereft of cargo, weakened in value throughout the week, as ballasters competed for business from Brazil and Colombia to the Continent. Vale announced the return of operations at the Brucutu mine in the next 72 hours. Physical spot rates continued to decline, although forward rates saw a bump in value across the curve to close out the week.
Panamax
There was a solid improvement in the Atlantic market this week driven mainly by activity for first half April from East Coast South America. With a shortening tonnage list, charterers have been forced to take tonnage from the Continent/Mediterranean to cover early stems, with rumours of a modern Kamsarmax fixing on subjects at $16,000 basis Gibraltar delivery, and multiple ships agreeing $15,250 plus $525,000 ballast bonus on an Arrival Pilot Station (APS) basis. Transatlantic trades also reaped the benefit, with the index rising more than the front haul rates. Ships were fixing close to $18,000 APS South America for redelivery Atlantic, where the previous week saw $11,500 concluded on similar business. The Pacific, in contrast, was flat at best, with a lack of Australian mineral cargoes splitting the market and making it very positional. Vessels open in the south had more options, with Indonesia remaining busy plus ballasting to South America an option. In the north, an active North Pacific market was insufficient to maintain rates, especially for tonnage open North China.
Supramax
The Baltic Supramax Index (BSI) gained ground during the week, with improved rates seen from key areas. There was limited period activity, but a 60,600dwt ship open Damman was rumoured fixed for a short period at $12,750. The Atlantic had a mixed week, with little fresh enquiry from the East Mediterranean. From the US Gulf, congestion and high water saw vessels with reliable positions achieving good levels; a 56,000dwt vessel fixed for a trip to the East Mediterranean at $15,000. Increased activity from East Coast South America was evident, where a 55,000-tonner was booked to the West Mediterranean at $17,500. A 66,300dwt ship fixed for a trip to the Arabian Gulf at $14,400 plus $440,000 ballast bonus. Rates from Asia improved as a 56,800-tonner agreed delivery China to the Arabian Gulf, the trip was agreed at $8,150 for 45 days and $10,500 thereafter.
Handysize
It was a positive week for the Handysize market. East Coast South America saw strong demand, with very few prompt ships. As the week closed out, brokers suggested that cargoes were still to be covered. A coastal trip along East Coast South America paid in the $12,000s on a 34,000-tonner. On the period front, a similar-sized vessel was paid $10,750 for four to six months from Recalada, with redelivery in the Atlantic. From the US Gulf, a 36,000dwt vessel agreed $9,400 basis South West Passage for about three to five months, redelivery also within the Atlantic, and a single trip from the area was concluded at $9,000 with grains to East Coast Mexico. Otherwise, $6,000 reportedly fixed on small Handysize vessel from Skaw to East Coast South America and $5,000 for inter-Mediterranean trips. In the East, a 33,000dwt ship and a 28,000dwt ship, both open in the Philippines, were booked for a run via West Australia at $7,500 redelivery in the Far East and $7,100 redelivery West Coast India respectively. A coal trip from Indonesia paid $9,500 on a 39,000-tonner basis delivery Kuantan to China.
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Wednesday, 19 December 18
GLOBAL SHIPPING SCOUTS FOR FUTURE GROWTH - PETER SAND, BIMCO
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we sh ...
Wednesday, 19 December 18
SHIPPING MARKET INSIGHT - INTERMODAL
As another year is coming to an end, it is interesting to look at the main shipping markets and how these performed compared to 2017.
&nb ...
Tuesday, 18 December 18
COAL DEMAND WILL REMAIN STEADY THROUGH 2023, INTERNATIONAL ENERGY AGENCY SAYS - TOM DICHRISTOPHER, CNBC
Coal consumption is on the rise but will remain roughly stable over the next five years, the International Energy Agency forecasts.
...
Tuesday, 18 December 18
DRY BULK: IN ABSOLUTE TERMS, ALL MAIN SIZE SEGMENTS SAW THEIR ACTUAL VOLATILITY FIGURES DECREASE - ALLIED
Since the beginning of 2016, when the dry bulk market reached its absolute bottom, freight rates have been ever since on an upward trajectory. Taki ...
Tuesday, 18 December 18
COAL OUTLOOK BULLISH DESPITE WEAK CHINESE IMPORT DATA - HEREN, ICIS
Coal prices may appreciate over the remainder of 2018 even despite recent data showing falling imports from the world’s largest producer and ...
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Showing 1521 to 1525 news of total 6871 |
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- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
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