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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, 26 September 19
INDIA INCREASES ITS ANNUAL COAL PRODUCTION BY 2.7% PER YEAR FROM 850 MILLION SHORT TONS IN 2018 TO 2 BILLION SHORT TONS BY 2050 - EIA
Worldwide coal production holds steady at about 8 billion short tons, or 160 quadrillion British thermal units (Btu), per year through 2040. Inc ...
Wednesday, 25 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
In the past five months there has been significant activity in the asset market with the dry bulk segment being by far the most volatile in terms o ...
Tuesday, 24 September 19
9TH ANNUAL SUPPLY CHAIN INNOVATION SUMMIT 2019 ASIA PACIFIC
Summit: 9th Annual Supply Chain Innovation Summit 2019 Asia Pacific
Host: Ace Events
Website: http: ...
Monday, 23 September 19
SUPRAMAX: THE ASIAN ARENA IT WAS A SLOW START, BUT DEMAND INCREASED AS THE WEEK WENT ON - BALTIC BRIEFING
Capesize
The market trended down over this past week, breaking the market out of its upward trending range. While the market traded sideways at ...
Monday, 23 September 19
CHINA RECORDS SLOWER GROWTH IN COAL PRODUCTION - XINHUA
The growth of China’s raw coal production slowed down in August, data from the National Bureau of Statistics (NBS) showed.
Aro ...
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- Baramulti Group, Indonesia
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- The University of Queensland
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
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