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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 appeared, with most activity seemingly centred on voyage basis. However, a 176,000dwt vessel was rumored fixed delivery China, mid-September, for a west Australian round at $30,000, The Baltic Briefing reported in its latest report.
According to The Baltic Briefing, the highlight of the week was on the C5 route, which initially lost ground, before bouncing back to around the $11.00 mark as the week closed, with talk of BHP fixing this level. For the C3 route, limited fresh information surfaced. However, the Newcastlemax, ‘Stamatis’, was linked to 190,000/10 iron ore, for early October dates at around $25.25- $25.50 level. For trans-Atlantic runs, a 182,000dwt ship was reported fixed for 160,000/10 coal, from Puerto Bolivar to Rotterdam for end September/early October dates, at $14.10, with an Iskenderun option at $15.30. Elsewhere, 130,000/10 iron ore, from Saldanha Bay to Hamburg, basis 1/10 October dates, was covered in the mid-low $13.00s.
Panamax
Commenting on Panamax The Baltic Briefing said, another week without fireworks. The market drifted lower again, with only the Atlantic index returning to positive territory at the end of the week, mainly due to an increase in shorter Baltic trades and a tightening of tonnage on the North Continent. A modern Kamsarmax fixed at $25,000 from the Continent to Italy, redelivery Gibraltar. The Pacific round rate dropped over $1,250, the most during the week, with the paper market affecting sentiment, several vessels being reported as failed, and holidays in Asia at the end of the week. The futures market did recover towards the end of the week, but physical trade volumes had already dwindled by then. South America was not as active as usual, however, brokers felt levels were holding up quite well, especially for the better described units. Understandably there was little period market news again.
Supramax/Ultramax
The Baltic Briefing noted, the Baltic Supramax Index (BSI) had a weaker start to the week and the softening trend continued. The US Gulf remained relatively slow, but the rates stayed firm.
Brokers reported no signs of recovery from East Coast South America and pressure remained on the tonnage open in Far East. A 64,000dwt vessel open early October in China was fixed on subjects for two years, with worldwide redelivery, at $12,250. From East Coast South America, a 55,000-tonner was fixed to Algeria with grains at $24,000. From the Mediterranean, a 56,000dwt ship, open Canakkale, achieved $13,500 for a trip to the US Gulf. A 61,000dwt vessel, open in the Gulf, according to The Baltic Briefing, was fixed to China at $31,000, possibly with concentrates. More stems were noticed going to Vietnam from Indonesia, with a 56,000dwt ship, open South China, and a similar-sized vessel open Thailand, both fixing in the mid $12,000s. North Pacific fixtures were reportedly failed on an Ultramax new building at $14,000 and concluded in the $10,000s for a Dolphin 57 type, open North China, with redelivery in the Singapore-Japan range.
Handysize
The Baltic Handysize Index (BHSI) recorded the highest point since January 2014 at 692. However, the trend was paused on Thursday, declining a point. Like the Supras, rates from the Mediterranean/Continent region and East Coast South America softened. The Pacific remained slow throughout the week. On the period front, a 34,000 dwt grabber, open Malaysia, was fixed for about seven to ten months in the mid $10,000s. A 28,000dwt ship, open in the Spanish Mediterranean, was fixed for a short period trading at a rate close to $11,000 with redelivery in the Atlantic. A 32,000 dwt vessel was fixed from Milos for a trip to the Continent at $10,000, while a 35,000 dwt ship was fixed for a trip from Santos to Brake at $18,250. In the East, a larger 44,000 dwt ship was booked for a trip via Indonesia to CJK at $16,000 basis Singapore delivery.
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Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...
Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
Colombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and dro ...
Monday, 16 September 19
THE COAL-D SHOULDER? - BALTIC EXCHANGE
Good fortune and the number 13 don’t usually go hand in hand, but when it comes to coal, 2013 actually seems to have been the commodity&rsquo ...
Monday, 16 September 19
SCRUBBERS AND FUEL PROFIT SHARE CLAUSES - CLYDE&CO
From 1 January 2020, Regulation 14 of MARPOL Annex VI provides that the sulphur content in fuel oil used on board ships shall be reduced from a max ...
Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
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- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
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