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.
|
|
Tuesday, 26 February 19
THE RELATIVELY DISAPPOINTING SCENE PORTRAYED IN THE DRY BULK MARKET RIGHT NOW - ALLIED SHIPBROKING
The relatively disappointing scene portrayed in the dry bulk market right now (especially in the Capesize segment) is undoubtedly one of the prevai ...
Friday, 22 February 19
AUSTRALIAN HIGH CV THERMAL COAL PRICES AT 19-MONTH LOW, BUT NOT FOR LONG - WOOD MACKENZIE
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has be ...
Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
KNOWLEDGE TO ELEVATE
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that ow ...
Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...
Tuesday, 19 February 19
AUSTRALIA'S COAL FUTURE UNDER THREAT AS MORE CHANGES HIT FOSSIL FUELS GLOBALLY - ABC
Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.
...
|
|
|
Showing 1461 to 1465 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Planning Commission, India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
|
| |
| |
|
