We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 09 September 19
ULTRAMAX: ASIA A 58,000-TONNER FIXED DELIVERY FUZHOU, VIA INDONESIA, REDELIVERY CHINA, AT $12,800
 Capesize
0px The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed down $732 to settle at $37,921. While this week’s surge in rates was driven by a tightening of tonnage that is able to arrive within September, a wider sector story is emerging of vessel delays being caused by docking issues. The upcoming IMO regulations, which will apply from 1 January 2020, have vessels preparing tanks to receive cleaner fuels while others are installing scrubber units to process high sulphur fuel on the go. These unusual dockings are causing delays and disruptions to tonnage flows, which is further aggravating a tight tonnage situation in parts of the market. The Pacific Basin this week experienced a surge early on due to sentiment from the West, but was otherwise relatively steady, while not particularly busy. The C5 opened the week at $10.359 to close Friday at $11.214. The Brazil to China market opened the week at $28.118, reached a high of $29.10, before closing the week out at $27.955.
Panamax
It was a largely uneventful week, with the indices drifting lower, albeit without much conviction. Sources said owners with prompt tonnage on the Continent had to reduce their ideas to find cover. However, this appeared limited to shorter duration trades, with later tonnage content to sit and wait. The North Pacific also suffered from a seasonal slump in North Pacific stems. The South continued to be reliant on the South American market, which saw Kamsarmaxes achieve as much as $20,000 from Singapore for the long round voyage. However, dips in the paper values helped to weaken sentiment, giving charterers the opportunity to step back in the hope of finding cheaper offers. Fundamentally the market appeared stable and well balanced, with any injection of South American activity likely to see rates improve once again. However, the mood had remained cautious, without clear direction during the week.
Supramax/Ultramax
Overall rates remained healthy last week. However, as the week ended, Asia rates were easing a little due to less demand. As a result, the Atlantic saw some sideways movement from East Coast South America and the eastern Mediterranean. There was still a little period activity, with a 52,000dwt ship open China covered for 9-11 months trading and redelivery worldwide at $10,750. From the Atlantic, an Ultramax fixed at $19,000 for a short period redelivery in the Atlantic. The US Gulf remained positive with an Ultramax fixing at $25,000 for a coal run to the Baltic. Activity waned a little as the week closed from the Mediterranean, but a 56,000dwt ship fixed a trip from Algeria to West Africa at $19,000. From Asia a 58,000-tonner fixed delivery Fuzhou, via Indonesia, redelivery China, at $12,800, while a 50,000dwt ship covered an Australian round delivery South China, redelivery Japan, at $13,450. The Indian Ocean still commanded good levels, with a 57,000dwt vessel fixing delivery Arabian Gulf with aggregates for a trip to Chittagong at $20,000.
Handysize
The Baltic Handysize Index (BHSI) reached its new high this week, surpassing the last peak at 676 from end October 2018. The rates in the Continent were firm, but slightly easing towards the weekend. The US Gulf and East Coast South America markets lent further support, whilst in the East, activity was fairly flat throughout the week, yet steady levels remained. On the period front, a 37,000dwt ship was fixed from the UK for four to six months at $14,250. From the Black Sea, a 35,000dwt ship was fixed at close to $18,000 for moving steels to Nigeria. A 31,000dwt vessel open in the same area was fixed for a trip to the Continent at $13,850. Large Handysize vessels were paid in the $11,000s basis Far East delivery for a CIS or North Pacific round trip. A 32,000dwt ship open in Southeast Asia was fixed at a rate in the low $10,000s for redelivery in the Singapore-Japan range.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
Capesize
The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play ...
Saturday, 22 June 19
OPEC'S BATTLE FOR CONTROL OF THE OIL MARKET - WOOD MACKENZIE
Oil supply is confounding expectations. We have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. ...
Friday, 21 June 19
INDONESIA'S BAYAN RESOURCES SIGNED A COAL SUPPLY AGREEMENT WITH THE BANGLADESH BCPCL TO SUPPLY 23 MILLION TONS OF COAL FOR 10 YEARS
On Monday, 17th June 2019, PT. Bayan Resources signed a Coal supply Agreement with the Bangladesh- China Power Company (Pvt.) Limited. BCPCL is a j ...
Thursday, 20 June 19
BUMI RESOURCES EXPECTS TO SELL 42 MILLION TONS OF COAL IN FIRST HALF - JAKARTA POST
PT Bumi Resources (BUMI), Indonesia's largest thermal coal miner, expects to close the first half of this year with coal sales of 42 million to ...
Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...
|
|
|
Showing 1376 to 1380 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- The Treasury - Australian Government
- PTC India Limited - India
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
|
| |
| |
|
