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Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize
With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. In addition to this, the national holiday in Singapore gave a weaker trend to the rates, which all lost value during most of the week before bouncing back up a bit on Friday. By week’s end, the West Australia to China route was being rated around the $9.25 level, as rumours flowed this level had been fixed for end August dates. Brazil to China was hovering around low to mid $21’s after Vale had taken a number of vessels at this level. The Cape 5TC was published at $24,022. With a further holiday in Singapore on Monday it remains to be seen where the levels go.
Panamax
The beginning of last week saw rates continuing to slide everywhere. However, sentiment soon turned, driven by the limited available tonnage on the North Continent, as many Charterers scrambled to find suitable cover. The transatlantic index rose by almost $2,000, although many felt the reality was much higher. Rates for shorter mineral trips traded at around $20,000 on Panamax and $22,500 on Kamsarmaxes. South American grain activity also increased, with owners able to increase offers due to renewed optimism. A Kamsarmax reported fixed at the end of the week at $17,700 plus $770,000 ballast bonus for end August dates. With sentiment driving the FFA market higher, the East also benefitted. Despite the North Pacific remaining fairly quiet, mineral trades from Indonesia and Australia were again the driving force, combined with the option of longer round voyages via South America.
Supramax/Ultramax
As the week progressed, sentiment across both Basins rose positively on the back of stronger demand and tighter tonnage availability. Limited period activity surfaced, with a couple of 58,000dwt ships open Baltic-Mediterranean areas being placed on subjects for short period. From the Atlantic, demand grew from East Coast South America, a 62,400dwt vessel being covered at $17,000 plus $700,000 ballast bonus for a trip to Chittagong. In the US Gulf a 64,000-tonner was rumoured to have covered a trip to Turkey at close to $17,000. Activity from the Mediterranean increased, a 57,000dwt ship covering delivery Canakkale via the Black Sea, redelivery Southeast Asia at $21,750. It was a lacklustre start from the Asian arena, but as the week closed better numbers were being discussed. A 58,000dwt vessel open Kemaman fixed for two to three laden legs, redelivery Singapore-Japan, at $12,250. The Indian Ocean tightened, with a 62,200-tonner fixing delivery South Africa trip to Singapore-Japan at $14,000 plus $400,000 ballast.
Handysize
The market was described to be stable at the start of the week, with an evident gap between owners and charterers in both basins. The Continent and East Coast South America began to improve since the middle of the week, however, the picture for the US Gulf remained unclear. From East Coast South America, costal trips paid $14,000 on a 36,000dwt ship and $18,750 on a 33,000dwt ship for moving steels to Lagos. In the East, most of the stems with first half August dates were covered and the market was expecting more orders from the Arabian Gulf or Australia with later dates. Overall rates from the Pacific softened with a lack of volume lending support. On the period front, a 37,000dwt vessel open East Australia was fixed for three to five months with redelivery in the Atlantic at a rate in the high $9,000s plus an undisclosed ballast bonus. A 34,000-tonner open West Mediterranean was fixed in the $10,000s for four to six months.
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Wednesday, 24 April 19
PANAMAX: IN THE EAST, THE MARKET MOVED SIDE-WAYS, WITH FEWER COAL CARGOES FROM INDONESIA PUTTING PRESSURE ON RATES - INTERMODAL
Sentiment in the Dry Bulk market slowly but steadily kept improving last week as Capesize rates remained in recovery mode and Panamax earnings also ...
Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...
Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants
Surge in coal imports has now forced Coal India Ltd (CIL) ...
Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...
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Showing 1411 to 1415 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
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