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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
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Monday, 09 October 17
INDIA'S COAL IMPORTS UP 10% IN SEPT AS POWER PLANTS FACE FUEL SHORTAGE - PTI
Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, ...
Friday, 06 October 17
U.S. WEEKLY COAL OUTPUT HAS REBOUNDED AFTER DECLINING 5 WEEKS IN A ROW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
Wednesday, 04 October 17
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
During the past couple of months the dry bulk market has displayed particularly strong momentum and we have been witnessing steady appetite and act ...
Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
A report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 1 ...
Tuesday, 03 October 17
RIO TINTO COMPLETES FIRST FULLY AUTONOMOUS RAIL JOURNEY IN WESTERN AUSTRALIA
Rio Tinto has successfully completed the first fully autonomous rail journey at its iron ore operations in the Pilbara region of Western Australia ...
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Showing 1921 to 1925 news of total 6871 |
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- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- PTC India Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
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