We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 13 April 19
CAPESIZE: WEST AUSTRALIA TO CHINA IRON ORE CARGOES LIFTING FROM $4.60 PMT TO ABOVE $5.00 - BALTIC BRIEFING
.jpg) Capesize
The market saw a steep ascent from the depths of last week. The Baltic Capesize Index (BCI) 5TC opened on Monday at $5,099, although by Friday’s close most gains were lost, and it finished up at $5,737, a modest gain of $638. Improved sentiment stemmed from Atlantic-tightness combined with an open Colombia coal arbitrage. This in turn provided an influx of fronthaul cargo with minimal candidates, a much-needed injection in recent market times. The improved sentiment lent itself to escalations in the Pacific market. This led to West Australia to China iron ore cargoes lifting from $4.60 per metric ton (pmt) to above $5.00. The week ended on a wimper as the Pacific remained firm to holding, while the Atlantic rates and sentiment softened as the arbitrage closed. The ice premium season is also coming to an end at the beginning of May.
Panamax
An uneventful week started very slowly in the Pacific, partly due to Coaltrans in Shanghai. Despite increased activity in the second half of the week, spot rates have drifted lower. Coal into India remained the main driving force, with more grains from the North Pacific also evident, but the tonnage profile remained in Charterers favour. There has been increased period activity, with several modern Kamsarmaxes fixed for five to eight months around $11,500. Two new buildings agreed index-linked deals, with an $11,000 floor plus profit share for two years apiece. Several similar ships concluded on one year deals too and it appeared to be the same Charterers taking multiple ships in each case. In the Atlantic, fronthaul grains continued to support the market with a constant flow of fixtures being reported, although rates again softened slightly during the week. Sources suggested tonnage on the North Continent had tightened, but this hadn’t yet been reflected in reported trades.
Supramax
The Baltic Supramax Index (BSI) continued its downward trend during the week, however, some areas showed more resilience than others. Period activity remained subdued, but a 58,000dwt vessel open Dubai was fixed for a short period at $11,500. From the Atlantic the only bright area was East Coast South America, with transatlantic runs seemingly at healthier levels. A 57,000dwt ship concluded delivery Recalada trip to Algeria at $17,000. Otherwise fresh enquiry lacked impetus, especially from the Continent-Mediterranean, with 53,000-tonner fixed delivery central Mediterranean, redelivery Arabian Gulf, at $11,000. In Asia, a similar situation saw a build-up of tonnage in the north. From Southeast Asia it was finely balanced. A 56,000dwt vessel, open Singapore, fixed a trip redelivery India with sands, at $9,000s. The Indian Ocean was active, however rates remained steady. A 55,000dwt ship fixed delivery Port Elizabeth, redelivery Far East, at $11,400 plus $140,000 ballast bonus.
Handysize
A week of continuous falls in both the Atlantic and Asian markets. Negative sentiment was evident and gained pace throughout the week. A 34,000-tonner open Veracruz was fixed basis Southwest Pass for moving petcoke to Mexico at $6,500. A similar sized vessel, open Savannah, was fixed for moving grain to Ireland at $6,000 with the same delivery. From East Coast South America, a 35,000dwt ship was paid $14,000 for delivery Recalada to Australia, and a 31,000dwt vessel was booked at $10,500 from Praia Mole to Rio Grande for a coastal run. A trip from the Black Sea to Otranto paid approximately $6,000 on a 35,000dwt ship, basis delivery Canakkale, and at low $5,000s level for a trip to East Coast South America with a steel cargo on a 37,000dwt vessel. From Asia little was reported and again rates remained under negative pressure, with a lack of fresh enquiry.
Source: The Baltic Briefing
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 07 December 17
SUPRAMAX: CHINA TO INDIA FIXING AT MID US$ 8000 - FEARNLEYS
Supramax
There has been quite some activity in the Atlantic basin this week, rates out of USG are still firm, trips to Emed gone through at low/m ...
Thursday, 07 December 17
THE ROLE OF COAL - AN INCONVENIENT TRUTH - BENJAMIN SPORTON, WCA
At the climate talks in Bonn, a global alliance to phase out coal was launched. This, along with other rhetoric about developments in the energy se ...
Wednesday, 06 December 17
SHIPPING MARKET INSIGHT - VASILIS VASILEIOU
Moving towards the end of 2017, we are facing a relatively slack period of business in the ship repair sector. The repair market has already mature ...
Tuesday, 05 December 17
DOES BITCOIN HAVE A FUTURE IN SHIPPING? - ALIBRA SHIPPING
Google now receives more search requests for Bitcoin than for Kim Kardashian, Beyoncé and Taylor Swift combined. This week, a shipping compa ...
Tuesday, 05 December 17
OIL PRICES HAVE GAINED SOME TRACTION THESE PAST FEW DAYS ON TALKS OF ANOTHER OPEC & RUSSIA PRODUCTION CUT EXTENSION - GERRY LATHROP
Oil prices have gained some traction these past few days on talks of another OPEC (including non-OPEC Russia) production cut extension.
The cu ...
|
|
|
Showing 1856 to 1860 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
|
| |
| |
|
