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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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- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- MS Steel International - UAE
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
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