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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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Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal e ...
Thursday, 17 January 19
U.S COAL OUTPUT IS EXPECTED TO FALL BY 3 PER CENT IN 2019 - EIA
EIA forecasts that U.S. coal production will total 729 million short tons (MMst) in 2019, down by 25 MMst (3%) from 2018.
Acco ...
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference ...
Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for ...
Friday, 11 January 19
SUPRAMAX: THE ASIAN ARENA HAD A MIXED START; LIMITED ACTION IN SOUTHEAST ASIA - THE BALTIC BRIEFING
Capesize
Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming ...
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- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Economic Council, Georgia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
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