We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize
The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw a week on week lift of $7,084 to settle at $26,444. As usual, this volatile rise was initially Atlantic Basin lead. Black Sea iron ore fronthaul cargoes supplied the sparking tinder, which took a toll on the already sparse Atlantic tonnage supply. Higher transatlantic rates ensued. The Brazil to China C3 route supplied a timely and healthy amount of cargoes to aggravate the tonnage imbalance. The Pacific Basin showed more of a steady hand in gains early in the week before going full in on Thursday, with an action packed day of fixing. This was particularly evident on the West Australia to China C5 route late into the Singaporean evening. C5 opened the week at $7.205 to close at $9.159. The slightly backward forward curve on the derivatives market is a telling sign of the markets uncertainty in this lift being sustainable. However, for now, the Atlantic remains very tight on tonnage.
Panamax
Most of the excitement emanated from the Atlantic again last week. The continued lack of early tonnage had a profound effect on rates, with transatlantic rates jumping by more than $5,000 and the weighted average up by around $3,000. A Panamax fixed from the Continent for a trip via Murmansk to Jorf Lasfar at $22,000, leading many to complain the index remained under-marked. Fronthaul trades from the North Atlantic also increased, adding fuel to the fire. However, at the end of the week several vessels reportedly failed on Black Sea cargoes. The Pacific market rose steadily throughout the week buoyed by the skyrocketing Atlantic market. Several vessels fixed for US Gulf rounds, again at a premium to Pacific rounds, which improved to very high $12,000s for well described Kamsarmaxes. This was despite a seemingly plentiful tonnage supply. Several period fixtures were reported due to increased paper values, with many of the ships taken basis Atlantic delivery due to the rising spot prices.
Supramax/Ultramax
It was a stronger week again for the Baltic Supramax Index (BSI), mainly due to increased pressure from key areas within the Atlantic. Period activity remained, a 52,000dwt ship, open East Mediterranean, fixing in the upper $11,000s for two to four months trading. Key areas of interest were the US Gulf and Mediterranean, which saw jumps throughout the week. An Ultramax covered a trip to the Continent at around $20,000, while a 58,000dwt vessel fixed at $22,500 for a grain’s run to Japan with delivery Houston. Likewise, from the Mediterranean a lack of fresh tonnage saw an Ultramax being fixed in the $13,000s delivery West Coast India trip via Black Sea redelivery Southeast Asia. From Asia, it was a different story, with a lack of fresh enquiry from the north. A 52,000-tonner open CJK fixed for a trip via Indonesia with redelivery China at $6,100. Backhauls from the area to the Mediterranean were being concluded in the low $3,000s and a split rate.
Handysize
The Baltic Handysize Index (BHSI) had a minor decline when the week first started, but soon returned to positive territory, the US Gulf and East Coast South America lending support. More period fixtures were reported from the area, with large handysize vessels fixing in the mid $12,000s from Santos. Mid-sized vessels were fixing in the high $10,000s, basis Recalada, both for three to five months with redelivery within the Atlantic. A 33,000dwt ship open in the US Gulf mid-July was fixed for two to three laden legs redelivery Atlantic at $10,500. Brokers suggested East Coast South America firmed, with more demand to West Coast South America in particular. Fixtures were reportedly done from $15,000 to $17,000 depending on the size of the ship and the load/discharge. From North Brazil, a 32,000dwt vessel was fixed to the Mediterranean at $10,500. From the US Gulf, a 39,000-tonner was booked for a petcoke stem to Lebanon at $16,000. Rates remained soft in the East. A trip from South Korea to Southeast Asia paid $6,000 and low $5,000s on a small handysize from Malaysia for a quick trip to the Philippines.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 15 September 19
SUPRAMAX / ULTRAMAX: MORE STEMS WERE NOTICED GOING TO VIETNAM FROM INDONESIA - BALTIC BRIEFING
Capesize
Overall it was a negative week for the Capesize market, with many routes losing ground. A limited amount of time charter appeare ...
Wednesday, 11 September 19
THE INDONESIAN COAL PRICE REFERENCE FELL HEAVILY IN SEPTEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
We are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the bel ...
Monday, 09 September 19
INDIAN COMPANIES READY TO INVEST IN DEVELOPMENT OF NEW COAL DEPOSITS IN RUSSIA'S YAKUTIA - TASS
Indian metallurgical companies, which received trial batches of coal from Kolmar mining company, are satisfied with the quality of the products and ...
Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Colombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same ...
|
|
|
Showing 1341 to 1345 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
|
| |
| |
|