We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 15 June 19
SUPRAMAX: A 58,000-TONNER, OPEN QINGDAO, WAS BOOKED TO REDELIVER IN EAST COAST INDIA AT $6,500 - BALTIC BRIEFING
.jpg) Capesize
The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East were especially busy, marking possibly the highest volume of trading out of the region this year. While Vale was heard to be present in the Brazilian trade from early on, many other traders, operators, owners and charterers were active at week’s end, pushing rates up on closing. The 5TC average opened the week at $15,007 and largely softened throughout. This was until Thursday, when the market was thought to have found a floor. Solid activity Thursday in European hours had paper markets rallying, with C3 pushing from $16.85 to $17.14. The 5TC average closed Friday at $14,203. The Pacific market saw declines throughout the week, with C5 opening at $7.732, reaching a low of $7.123, and closing out at $7.314. Constant period activity was seen this week, with rates reaching levels at mid to high teens.
Panamax
The week began with another holiday in most of Europe, a lack of transatlantic enquiry lead to rumours of some very poor voyage fixtures being concluded. Most owners turned their attention to the fronthaul market. However, by the end of the week, prompt tonnage had begun achieving better numbers within the Atlantic and the fronthaul appeared softer. South American activity continued and rates were generally steady, if a little off. With a full week for the Asian market, trade volume increased. The South was especially busy with Indonesian coal, meaning few wanted to ballast. However, as the week ended, the oversupply of tonnage saw charterers begin to cover below last done. The period market has been subdued for weeks now, but there was a rumour of a Tsuneishi newbuilding Kamsarmax covering for more than a year at something in the $13,000s, although exact details proved elusive.
Supramax
The market was largely flat at the beginning of the week due to holidays in most of the European countries on Monday. The US Gulf and East Coast South America did not show much evident improvement towards the weekend. However, rates from the Black Sea area continued the positive trend throughout. The Pacific market appeared to be quiet, with rates softening. Fixtures were reported for Indonesia loading basis delivery at loadport, whilst the Indian Ocean remained active. On the period front, a 60,000dwt vessel open North China was fixed for one year at $10,900, with redelivery worldwide. A 63,000dwt ship, open spot in Damietta, was fixed for three to five months at $11,250, with redelivery in the Atlantic.
A 56,000-tonner, open Conakry, was fixed to South Brazil at $13,250, basis North Brazil delivery. A similar-sized was paid close to $14,000 from East Coast South America to Algeria. In the East, a 63,000dwt ship, open CJK, was fixed for a steel trip, via Korea, to redeliver in the US Gulf at $3,350 for the first 60 days and $10,500 thereafter. A 58,000-tonner, open Qingdao, was booked to redeliver in East Coast India at $6,500. From the Indian Ocean, a 63,000dwt vessel was taken for moving salt to Korea at $11,500, basis Mumbai delivery, and a 55,000dwt ship was fixed for limestone cargo at $13,000 from Abu Dhabi to West Coast India.
Handysize
Despite the minor step back on Monday, the Baltic Handysize Index (BHSI) further climbed point by point. The spotlight of the week went to the US Gulf, with sources suggesting more cargoes with end June dates appearing in the Gulf area and lending support. Some brokers saw a ray of hope due to lack of tonnage, with prompt dates especially for the larger Handysized vessels. A period fixture was reported on a 37,000dwt ship, open West Africa, fixing for three to five months at $8,000, with redelivery in the Atlantic. For timecharter trips, a 37,000dwt vessel was fixed from East Coast South America to Peru at $17,500. An Imabari 28 type was fixed from the US East Coast to Rotterdam at $7,500. The Asia market remained quiet, but was described to be “crashing” with little reported.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
|
|
|
Showing 1091 to 1095 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Larsen & Toubro Limited - India
- PTC India Limited - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
|
| |
| |
|
