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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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Tuesday, 19 February 19
FAST DEPLETING COAL RESERVES COULD PUSH UP ENERGY PRICES, CAUTIONS EXPERT - THE HINDU BUSINESS LINE
The fast depletion of coal, a strategic resource and India’s fuel of choice currently, has huge implications for energy costs, according to K ...
Monday, 18 February 19
INDIA'S COAL IMPORT FALLS TO 17.25 MT IN JANUARY - PTI
Coal imports saw a decline in January FY 2019 to 17.25 MT from 19.59 MT in the same month of the previous fiscal, according to a report by mjunctio ...
Monday, 18 February 19
THE ROLE OF COAL IN INDIA'S ENERGY AMBITIONS - WCA
India is the world’s second most populous country and figures among the world’s most rapidly growing economies.
The Sout ...
Saturday, 16 February 19
COALTRANS CHINA 2019, CHINA'S LARGEST COAL INDUSTRY GATHERING
Press Release: Coaltrans China 2019 | With the import ban likely to be lifted, it’s time for you to meet your potentia ...
Wednesday, 13 February 19
MALAYSIA WAS THE REGION'S LARGEST COAL IMPORTER WITH 34 MT IN 2018, UP 25% Y-O-Y
Although coal market in 2018 started with strong prices, starting in the beginning of the second half of 2018, the international spot prices for co ...
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- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Planning Commission, India
- Parliament of New Zealand
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- PTC India Limited - India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
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