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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
.jpg) Capesize
Following the holidays, activity increased in both the Pacific and Atlantic Basins. The 5TC average rallied, closing at $8,596, up $1,972 from last week. Major miners out of Western Australia were active all week supporting and lifting freight rates. The C5 is now fixing at over $6.00, with unconfirmed talk of $6.40 concluded. Earlier in the week the ‘Maran Harmony’ (180,391dwt, 2010) open CJK fixed a West Australia round voyage at over $10,000, with some period tonnage fixed in the $17,000s for 12 months. The ‘Anangel Happiness’ (177,720dwt, 2008) prompt in Ijmuiden, fixed a Colombian round voyage at $10,500 for 45 days. There were rumours of Trafigura fixing $14 for Sudeste to Qingdao loading mid-May, with Seven Island to Oita being fixed at around $13.85 by Rio.
Panamax
Easter holidays impacted the market last week, with only minor movements in the index. Baltic mineral trades were very active, so too were South American fronthaul grains. For modern Kamsarmaxes, rates again creeped up slightly to around $15,500 plus $550,000 ballast bonus. Activity elsewhere was limited, but sources said this had been offset by tight tonnage supply in the North Atlantic. In the Pacific, the North started brightly, with charterers concentrating on bigger units. However, Southeast Asia was the week’s driving force, especially for smaller Panamax vessels which saw a large volume of fixing. The recently busy period market seemed to slow down as the week went on, however, a Post Panamax went for five to eight months at $13,000 basis delivery/redelivery in the Atlantic.
Supramax
A story of two halves, with the Asian basin gaining ground, whilst in the Atlantic some areas lacked fresh impetus. Period activity remained sparse, but a 63,000dwt vessel open Japan fixed for a short period at around $11,000. The US Gulf traded sideways, with Ultramax vessels seeing in the mid–upper $12,000s for trans-Atlantic grain runs. East Coast South America remained finely balanced, a 56,000-tonner fixing in the mid $12,000s, delivery Recalada, for a trip to Egypt. Asia fared better, with a 61,000dwt ship open Kaohsiung, fixing a trip via Indonesia, redelivery in the Arabian Gulf, at $11,500. A 54,000dwt vessel open Gresik fixed via Australia, redelivery China, in the mid $12,000s. Activity remained from the Indian Ocean, a 61,000-tonner fixing delivery South Africa trip to the Far East at $12,000 plus $200,000 ballast bonus. Furthermore, a 56,000dwt ship fixed delivery Mumbai trip via West Coast India, redelivery Chittagong with a clean cargo, in the upper $8,000s.
Handysize
It was a flat week in the Handysize sector, reflected on the Baltic Handysize Index (BHSI) moving very little overall. Limited period activity surfaced, but a 35,000dwt vessel open Kaohsiung, was fixed for 10 to 13 months trading, excluding the Gulf of Aden transit, in the low to mid $9,000s. From the Atlantic, East Coast South America lacked fresh impetus and rates struggled according to brokers. It was a similar scenario in other areas, including the Mediterranean and the Continent. A 33,000dwt ship was fixed for a grain run from Rouen to Algeria at $7,400. From North Coast South America, a 34,000-tonner was fixed delivery Fazendinha, early May dates, for a trip to Norway at $11,000. The Asian arena remained finely balanced, with a Chinese controlled 38,000dwt vessel open Southeast Asia fixed a Pacific round at $9,000, while a 38,000dwt ship open Singapore fixed a trip to East Coast India in the mid $5,000s. With widespread holidays coming up it will be interesting to see the moves.
Source: The Baltic Briefing
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Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...
Wednesday, 12 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...
Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 10 June 19
CONSECUTIVE OWNERS OF CARGO: WHO HOLDS TITLE AND THE RIGHT TO SUE? - COLIN BIGGERS & PAISLEY
KNOWLEDGE TO ELEVATE
In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of ...
Monday, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg N ...
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- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
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