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Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize
The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates were seen to quickly rise. This was helped along the way by typhoon Lekima off the eastern coast of China and a tightening vessel situation in the Atlantic. The Capesize 5TC opened the week at $24,022 to close at $29,624. In the Pacific, most major charterers were present at some stage of the week, but struggled to get repeat trades at last done levels. In the Atlantic, Vale was particularly busy for the Brazil to China trade, taking both prompt August dates and C3 September laycan dates. Black Sea trade to the Far East was rumoured once again this past week, which also contributed to the tightening vessel situation. With Singapore off on Monday it was a late start to the Pacific market, however it was quick to gather momentum. Combined with the weather situation, the West Australia to China C5 trade opened at $9.164 and was pushed to $10.498 by index time Friday.
Panamax
It was a strong week overall, with all areas feeling the pinch of a tightening of tonnage supply. Pressure remained for September shipments of grain from East Coast South America. The BPI P6 route index rose in excess of $1,400, with 82,000dwt vessels seeing around $18,000 per day, delivery Singapore. Period activity was prevalent, an 81,000dwt ship open China being covered in the mid $15,000s for seven to nine months trading. For Atlantic business a 75,000-tonner was fixed delivery Gibraltar for two to three laden legs Atlantic trading redelivery Skaw – Gibraltar range. Black Sea fronthaul remained firm, a 81,000dwt vessel being covered delivery Constanza via the Black Sea, with redelivery Singapore-Japan, at $32,000. The Asian arena saw a push, with an 85,000dwt ship fixing delivery Tianjin for August dates via East Australia, redelivery Japan, at around $15,000. For Indonesian coal runs, a 82,000dwt ship was fixed delivery China via Indonesia, redelivery Japan, in the mid $16,000s.
Supramax/Ultramax
It was an exciting week, with the surge in key markets from both basins bringing the BSI back above 1,000 points. The US Gulf was showing soaring signs, with the route index having one of the biggest improvements among others, with the tonnage list remaining tight in the Mediterranean / Continent / Black Sea area and East Coast South America. In the East, trading continued to be active after Singapore came back from its long weekend holiday, especially with Indonesia coal and North Pacific soda ash / grains lending support. On the period front, a 58,000dwt ship open West Coast India was fixed at $14,000, with minimum 75 days up to a maximum 90 days duration and redelivery in the Persian Gulf / South China range. A 56,000dwt ship open Altamira was fixed for three to five months at $15,500, with redelivery in the Atlantic. Fixtures were reported with high rates towards the weekend, this was despite a holiday on Thursday in most of the European countries. A Tess 58 type open West Africa was fixed to run via East Coast South America at mid $16,000s, with redelivery in the East Mediterranean. A Dolphin 63 type open US East Coast was fixed for moving coal to the Continent at $25,000. In the Pacific, a 61,000dwt ship open North China was fixed for a North Pacific run at $16,700, with redelivery in Southeast Asia. Most market participants considered this as a benchmark with higher expectations for next week.
Handysize
Similar to larger vessel sizes, the Handysize index and its weighted Timecharter Average climbed further. Early in the week, a 30,000-tonner open South Brazil was fixed for moving grains to the Continent at $14,000. A 40,000dwt ship open Ireland was booked for fertilisers to East Coast South America at $11,400 for the first 40 days and $14,000 afterwards. A 38,000dwt vessel open in the US Gulf was fixed to West Coast Central America at $17,000. Rates came up again for vessels delivered in Southeast Asia with a 35,000dwt ship open Cebu reportedly fixing at $8,250 for two to three laden legs with redelivery in the Singapore-Japan range.
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Thursday, 10 January 19
BUNKER DELIVERY NOTE AMENDMENTS ENTER INTO FORCE AS SULPHUR 2020 REQUIREMENT LOOMS - IMO
KNOWLEDGE TO ELEVATE
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative m ...
Thursday, 10 January 19
WORLD TRADE IN THERMAL COAL IS ESTIMATED TO HAVE GROWN BY 1.0 PER CENT IN 2018 - DEPARTMENT OF INDUSTRY, AUSTRALIA
World Trade
World trade in thermal coal is estimated to have grown by 1.0 per cent to 1.1 billion tonnes in 2018 but it is expected to decline ...
Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the plann ...
Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for Chi ...
Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
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Showing 1496 to 1500 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Planning Commission, India
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Australian Coal Association
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
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