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Sunday, 13 October 19
INDONESIA: PANAMAX VESSELS OPEN SOUTH CHINA WERE REPORTEDLY FIXED AT $14,000 LEVEL, WITH REDELIVERY BACK IN CHINA - BALTIC BRIEFING
Capesize
The Capesize market managed to find a floor and rally a little this week after several weeks of declines. While the West Australia to China C5 route lifted early in the week, it once again topped out to soften by Friday. Opening the week at $9.168, the route lifted to $9.518, before closing at $9.227 by week-end. Out of Brazil, C3 managed to trade up from $22.018 to $27.782, mainly off the remaining October loading dates. C3 cargo liquidity into November is said to be less certain, with bids heard to be sparse. The Atlantic Basin is now pricing more in parity with the Pacific, with both managing an uptick in value this week. This improved sentiment was short-lived, as Friday posted a slight relaxing of rates in both Basins. The Capesize market opened the week at $23,675, to close on a down note on Friday at $26,382. Bunkers continues to play an unpredictable role in trading, while frequent discussions are now being heard as to when vessels will switch to low sulphur fuel for the impending IMO deadline.
Panamax
The BPI had an all positive week and broke the barrier of 1900 points by Friday, with both basins sharply improving. Rates from the Pacific moved up quickly, particularly for Australia-round voyages since midweek. For Indonesia loadings, Panamax vessels open South China were reportedly fixed at $14,000 level, with redelivery back in China. For trips from East Coast South America, more fixtures were reported later in the week, with rates based on retro sailing Singapore or India delivery. A 76,000dwt ship was fixed for a fronthaul run from East Coast South America at a rate in the mid $16,000s, plus mid $600,000 ballast bonus, and a similar size did a similar trip at $15,000 basis Indonesia delivery and Japan redelivery. The Atlantic market also climbed with some optimism as brokers reported tight tonnage lists, especially in the Continent. On the period front, a Kamsarmax was fixed in the mid $13,000s basis delivery South China for eight to eleven months and mid $14,000s basis delivery Singapore.
Supramax/Ultramax
Overall the Baltic Supramax Index (BSI) remained in positive territory. Period interest was limited, with gaps between Owners’ and Charterers’ ideas. From the Atlantic, as the week closed with stronger demand in the Kamsarmax, rates were beginning to improve for the Ultramax sizes, but limited fresh information surfaced. A 55,000dwt vessel traded at around $18,000 for a transatlantic run delivery East Coast South America. Elsewhere there was little fresh enquiry from the US Gulf, and with a steady supply of tonnage the area was finely balanced. Downward pressure was also seen from the East Mediterranean, again with a steady supply of tonnage. The Asian arena fared better, with tonnage remaining tight. A 52,000dwt ship open Villanueva fixed a trip via Indonesia to West Coast India at $14,000. From the Indian Ocean, an Ultramax covered delivery South Africa trip to Sri Lanka at $13,250 plus $325,000 ballast bonus.
Handysize
A lacklustre week for the Handysize market, with many routes losing ground. However, as the week closed some saw more positive signs. From East Coast South America, a 45,000dwt ship was linked to a transatlantic run in the mid $17,000s, and a 36,000-tonner was rumoured fixed at $20,000 for a trip to West Coast South America. From the North Coast South America, a 30,000dwt ship was reported fixed for a trip to Norway in the high $14,000s. With the holiday at the beginning of the week, the Asian arena also closed with positive signs. A 37,000dwt ship open Jakarta fixing for two to three laden legs at $10,000. Earlier in the week a Handysize open North Vietnam was fixed for a trip to China with clinker at $9,000. It remains to be seen if the positive moves continue in the coming week.
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Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS
Capesize
The Capesize market has hit new low's in the first week of the new year, with the West Australia route being fixed at USD 6.6 being ...
Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
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- White Energy Company Limited
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- MS Steel International - UAE
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Posco Energy - South Korea
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
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