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Monday, 21 October 19
ULTRAMAX: IN ASIA, TRIPS FROM THE SINGAPORE AREA WERE PAYING BETWEEN $14,000 AND $16,000, DEPENDING ON THE VESSEL SIZE AND DURATION - BALTIC BRIEFING
Capesize
The market traded in a relatively stable supported manner in the Pacific this week while the Atlantic experienced weakening turbulence. Fixture activity was strong in both basins with trade executed generally on a voyage priced basis. The 5TC opened the week at $26,382 before closing on a slightly down note Friday at $25,117. The Brazil to China C3 was the big mover this past week opening at $23.782 to close down at $20.945. The Pacific C5 market continued to trade in a limited range opening at $9.227 to end out the week on a positive at $9.114.
Discussions continue to be heard regarding vessels cleaning fuel tanks in preparation for IMO 2020. Vessels going out on timecharter are needing to consider what fuel the vessel is being returned with, whilst ideally having a good indication of where that will be for bunkering considerations. Some have been heard to give favorable prices for bunkers on delivery to entice trade. While traders are well versed in bunker planning, the IMO’s hard deadline is problematic for the inherent variability of shipping schedules. The added complexity will surely turn up more issues over the coming months.
Panamax
The positive trend from last week did not continue, with both basins showing signs of softening since Tuesday. Despite east coast South America market, limited activity was reported from the rest of Atlantic with some principal accounts using their own tonnage for loading their own cargoes.
In the East, brokers saw decent amount of cargoes, but the fixing rates remained relatively flat due to ample supply of vessels. Kamsarmax vessels were fixed in the $16,000s level plus a ballast bonus in the $600,000s for a trip via east coast South America back to the Far East whilst some similar-sizes were also reportedly done in the $17,000s with ballast bonus in the $700,000s for a similar run. However, whether the stem was of end October dates or early/mid November, dates made a difference with the bunker price being a crucial factor as well. In the East, there were reports of Kamsarmax vessels fixing in the mid $16,000s for a Nopac round voyage basis delivery mid China and in the range of $13,000-$15,000 for an Indonesia run basis delivery south China.
Supramax/Ultramax
The US Gulf market weakened the most with the transatlantic route S4A falling over $750/day from the end of last week. ADMI fixed a 63,000 dwt for grains to Continent at around the $18,000 level. Trips to India/Asia came off a shade too: XO Shipping fixed the Spar Pyxis (63,800dwt, 2015) for US Gulf petcoke to India at $31,000. Rates from South America seemed to hold up. Norden fixed the Ocean Andre (63,647 2017) open Aratu for a trip to the Far East at $46,500 + $650,000 and Cargill was linked to a Tess 58 open Rio Grande end October at $16,000 + $600,000 bb. In Asia trips from the Singapore area were paying between $14,000 and $16,000, depending on the vessel size and duration.
Handysize
There was a softer feel during this week on most of the routes. Tonnage open W Mediterranean/N Continent did not seem to have much choice of cargo. Clipper fixed the Maas Confidence (34,914dwt, 2016) open Setubal prompt for a trip with steels to Tampa/Veracruz at $11,000.
The was good activity in the Black Sea/Mediterranean, for trips within the region as well as destinations like West Africa, where a 46,000 dwt managed a rate in the low $16,000’s earlier in the week. At the end of the week the smaller size vessel Friendly Island (28,387dwt, 2012) fixed delivery Constanza for a trip to Egypt or Turkish Mediterranean at $12,000. Rates in Asia remained relatively flat and whilst the indices lost a little value, some brokers still felt they should remain steady.
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Thursday, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...
Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...
Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
KNOWLEDGE TO ELEVATE
Stuart Edmonston, Loss Prevention at UK P&I Club, discusses an incident in which crew were injured whilst on deck in ...
Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with re ...
Tuesday, 15 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country's Co ...
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Showing 1311 to 1315 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Posco Energy - South Korea
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
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