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Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
Cape
The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end. The BCI 5TC reduced from $11,182 at the end of the previous week to a low of $9,898 on Tuesday, but rebounded to $11,621 by Friday. Reasonable cargo volumes were reported out of West Australia to China with rates for C5 lingering around $6.50-$6.75, whilst time charter rates in the Pacific lifted from low to mid-teens level by Friday. In the Atlantic Basin sentiment was given a much needed boost mid-week, with an influx of fronthaul cargoes fixing at stronger levels. Early in the week it was heard that the Vale Brucutu mine had been ordered to close once again on the authority of a Brazilian high court ruling. The saga continues with no clear resolution date in sight. Closing Singapore iron ore week saw improved sentiment, with rates on an upward tangent.
Panamax
Last week appeared to be one of consolidation. The Atlantic in general was flat with South American front haul remaining around $15,500 plus $550,000 ballast bonus for modern Kamsarmaxes for May dates, whilst the North Continent tonnage supply appeared to tighten, although this hadn’t yet had much influence on rates. Tonnage open in the Mediterranean had fewer options as the Black Sea market remained quiet, but several modern Kamsarmaxes had been reported at $11,000 for North Coast South American grain rounds basis Gibraltar delivery, which was around $500 better than the previous week. The Pacific was very much mineral driven, with a good volume of activity from various loading areas, with coal into India again dominant. Sources suggested this was now the direction of choice, meaning rate levels to remain in the Pacific had come under a little pressure, although so far this remained very positional.
Ultramax/Supramax
On the back of better demand from some areas, the Baltic Supramax Index (BSI) made overall gains last week. Period activity however remained patchy: a 55,000dwt vessel fixing delivery Tianjin for four to seven months trading redelivery worldwide at $6,500 for the first 30 days and $9,500 thereafter. In the Atlantic, East Coast South America, the larger sizes improved. An Ultramax fixed at around $14,000 plus $400,000 for a front haul. However, smaller sizes remained flat. It was also fairly flat elsewhere: a 58,000dwt ship fixed from the US Gulf to Italy with petcoke at around $11,000-$11,500 region. From Southeast Asia the market saw better demand: a 56,000-tonner fixing delivery for a Campha trip via Vietnam, redelivery China, at $9,000, with a 57,000-tonner fixing delivery Samarinda trip to West Coast India at $8,250 plus $80,000 ballast bonus. The Indian Ocean had increased activity, with Ultramax vessel’s fixing at around $12,000 plus $200,000 ballast bonus, delivery South Africa, redelivery Far East.
Handysize
A lacklustre week on the Handysize with many brokers saying the market lacked fresh impetus. Limited period activity surfaced: a 37,000dwt ship being fixed delivery Singapore for four to six months trading redelivery worldwide in the low $8,000s, while a 37,000dwt vessel open Cristobal for four to six months, redelivery Atlantic at low-mid $9,000s. From the Atlantic some said East Coast South America struggled. A 38,000-tonner rumoured fixed delivery Plate, redelivery Peru, in the mid $13,000s. Elsewhere a 31,000dwt ship fixed from the Continent to the East Mediterranean in the low $9,000s and a 37,000dwt vessel also fixed from the Continent for a trip via the Baltic to west Africa in the mid $9,000s. Little surfaced from the Asian basin, but a 37,000-tonner open Weihai was reported being fixed for a trip with steels in the mid $5,000s, however some described this as low. Many are now looking to this week to see if improvements can be made.
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Thursday, 16 May 19
SUPRAMAX: INDO/CHINA COAL RV TRADING AROUND US$ 9,000 BSS S.CHINA DELIVERY - FEARNLEYS
Capesize
This volatile segment is trying to find a clear direction from the present US$ 12,000/day earnings for standard units says Fearnleys W ...
Wednesday, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions
As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...
Monday, 13 May 19
INDONESIAN COAL PRICE REFERENCE CONTINUES TO FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Thursday, 09 May 19
DEEP OFFSHORE SOUTHEAST ASIA CONGRESS 2019
Deep Offshore Southeast Asia Congress 2019
Event Date:2-3th July. 2019t
Location: Jakarta, Indonesia
Sarawak Shell Berhad (S ...
Thursday, 09 May 19
OFFSHORE CARIBBEAN CONGRESS 2019
Offshore Caribbean Congress 2019
Event Date: 4-5th July. 2019t
Location: Georgetown, Guyana
Hess announced a new d ...
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Showing 1401 to 1405 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
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