We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
.jpg) 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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000 MT of min. 4300, 3500 and 5600 NCV ...
Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...
Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize
The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...
Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...
Thursday, 21 March 19
PRICE PLUNGE AS CHINESE LEAVE THERMAL COAL OUT IN THE COLD - AUSTRALIAN FINANCIAL REVIEW
Thermal coal exporter New Hope Corporation says China’s shipment squeeze on Australia is putting downward pressure on prices in all markets i ...
|
|
|
Showing 1441 to 1445 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- PTC India Limited - India
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
|
| |
| |
|
