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Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
.jpg) Capesize
The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play. Starved of tonnage for most of the year, the Atlantic basin has encountered growing demand from Brazil to China which is primarily serviced by the ballaster fleet. Those vessels in the Atlantic already have been steadily picked off for longer north Atlantic fronthauls, exacerbating the fundamentals situation. The addition of a small uptick in transatlantic business has ignited the market. Meanwhile the Pacific reached heights earlier in the week on West Australia to China C5 route of $8.00, closing the week trading last at $7.40 and looks to be steady there. With a charging Atlantic market those vessels looking to make a choice on their next business will increasingly favour the West which will likely trigger a response from the East. The C5TC market opened Monday at $14,203 and closed Friday at $17,947.
Panamax
Rates everywhere slipped throughout last week. Initially transatlantic rates held firm due to limited available tonnage, however enquiry was also thin and the recently active North coast South American front haul market had slowed, giving north Atlantic tonnage fewer options. The South American market was hit much harder with pressure on first half June positions seeing rates tumble to around $14,500 plus $450,000 ballast bonus for modern Kamsarmaxes. This compares to around $15,500 plus $550,000 ballast bonus the previous week, as the dwindling cargo volume took effect. In the East the Indonesian market was very busy to various destinations. However, there was limited support from Australasia or NoPac, meaning a steady decline in levels fixed with brokers commenting on a wide bid/offer spread all week apart from prompt positions. There were few period discussions, although a Panamax in North China agreed $11,250 for four to six months with a Japanese charterer.
Supramax
The BSI has been climbing since last Thursday and gradually back to the level last seen in early June. The Mediterranean market showed signs of improvement with more positive sentiment. However some ships were ballasting from west Mediterranean to north Brazil. Rates started to ease in east coast South America with Ultramax vessels fixing around $14,000 plus a ballast bonus of $400,000 or lower for a trip to the Far East. The US Gulf area was quiet at the beginning of the week, but with the tonnage list tightening and fair amount of cargoes circulating with end June dates, Ultramax vessels were reportedly fixed at $15,000 for a trip from Southwest Pass to Morocco or $19,500 for a trip to China. In the East, the market remained active with coal stems from Indonesia lending support. A 56,000-dwt was fixed from Indonesia to Vietnam at $10,000 and a 50,000-dwt was fixed to China at $8,000 basis Singapore delivery. A couple of short period fixtures were also reported with an Oshima 62 type new building fixing from shipyard in Japan for seven to nine months at $11,750 with redelivery worldwide.
Handysize
The highlight of the week went to the US Gulf with strong rates reported especially on the bigger-sized Handy vessels. The Gulf route index moved sharply higher with little tonnage being able to make the charterers’ cancelling date by end June, and the difference between the 38,000-dwt and the 28,000-dwt was evident and tiered. A 37,000-dwt was fixed at $13,750 from Mexico for inter-Caribbean business, and a 38,000-dwt open Houston was fixed for grain to Mexico at $12,000. A trip from Canakkale via the Black Sea paid $6,500 on a 33,000-dwt to Israel and $5,250 on a 37,000-dwt to Italy. In the Pacific, there was little reported with no sign of recovery. A 29,000-dwt open Thailand was fixed for moving sugar to Japan at $6,000.
Source: The Baltic Briefing
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Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
Wednesday, 19 December 18
GLOBAL COAL DEMAND SET TO REMAIN STABLE THROUGH 2023, DESPITE HEADWINDS - IEA
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as decli ...
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Showing 1516 to 1520 news of total 6871 |
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- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
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