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Monday, 18 November 19
SUPRAMAX: IN THE INDONESIAN COAL BUSINESS, A 58KDWT VESSEL FIXED DELIVERY PHILIPPINES, REDELIVERY INDIA AT CLOSE TO $8,000 - BALTIC BRIEFING
 Capesize
For most of the week the rates were nudging up under a flurry of activity in the Pacific as levels for the West Australia to China C5 route were being fixed in the upper eight-dollar level for usual 170,000dwt vessel, 10% cargo. FMG fixed a Newcastlemax for end-November, loading at $8.65. By the end of the week there was a softer tone and the route ended being marked close to $8.75. Kepco covered a couple of Australia cargos to Youngheung, loading end-November. There was talk of Saldanha Bay to Qingdao fixing for early December in the $15’s, but nothing has been verified. Rates from Brazil moved into the upper $18’s out of Tubarao, with talk of Cargill fixing the ‘Amigo II’ (179,016dwt, 2011 built) possibly at $19.00 for 6 December onwards. Vale were mentioned as having taken some tonnage, but no details have been confirmed. With further fixtures rumoured from St Lawrence, the fronthaul levels are hovering around $35,500. This is almost $500 down from the end of last week.
Panamax
The Panamax market sell-off continued in the same vain from the previous week, with all sector indices continuing to lose ground on the week. This was despite some suggestions of the market possibly finding a bottom mid-week. In the Atlantic, the longer Transatlantic round-trip rates ranged from $14,250 for a 75,000dwt vessel to a high of $15,500 for an 84,000dwt vessel, basis East Coast South America delivery. The shorter duration trips via the Baltic Sea were few and far between, with a 76,000dwt ship achieving $9,000, whilst $11,000 was fixed on similar sized tonnage. Activity was limited from South America to the Far East, but rates ranged from $14,250, plus $425,000 for a 76,000dwt vessel, to $14,750 plus $475,000 on an 82,000dwt vessel. In the Pacific, traded volumes were relatively healthy, with some Indonesian trips to China reported. This included an overaged 72,000dwt ship concluding at $6,500 and an 82,000dwt ship fixing at $8,500. The longer duration round-trips, via Australia, were also seen to weaken. The highest rate reported being $9,750 on an 82,000dwt vessel, down to the lowest of $7,500 on a 76,000dwt vessel.
Supramax/Ultramax
Not the most exciting week for the Supramax-Ultramax market. With a plentiful supply of tonnage in many areas, rates saw negative movement. Little period activity surfaced, but a 63,000dwt ship, open Yeosu, was fixed for four to six months trading at $10,350. From East Coast South America, a 55,000dwt ship was failed for a trip delivery Recalada, redelivery Far East, at $12,000 plus $200,000 ballast bonus. Elsewhere, an Ultramax was fixed for a fronthaul delivery Canakkale at around $17,000. The Asian arena also lacked resistance with limited fresh enquiry. A 63,000dwt ship, open Hong Kong, was reported fixed for a trip via Australia, redelivery Taiwan, at $9,750. In the Indonesian coal business, a 58,000dwt vessel fixed delivery Philippines, redelivery India atclose to $8,000. From the Indian Ocean, a 53,000dwt vessel fixed delivery Bin Qasim, via Mina Saqr, redelivery East Coast India, at $10,500.
Handysize
The gloomy trend from last week continued, with brokers seeing limited activity overall. Negative movement remained with neither basin showing any sign of improvement. Most of the owners and charterers chose to keep the fixtures in the dark as the rates were said to be bearish. On the period front, a 28,000dwt vessel open Istanbul next week was fixed for nine to twelve months at $8,700, with redelivery in the Atlantic. A similar-sized vessel open in the same area was paid $6,000 for a single trip to East Coast South America. From East Coast South America, a 34,000dwt ship was booked for a quick trip to North Brazil at $12,000. A 36,000dwt vessel open Skagen was fixed for a trip to Sea of Marmara at $10,550. In the East, a 33,000dwt ship open Vietnam was fixed for a quick trip to Singapore at $6,000 early in the week.
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Friday, 22 November 19
FORTY PERCENT OF ADARO'S COAL SALES VOLUME IN 9M19 GOES TO THE SOUTHEAST ASIA REGION
PT Adaro Energy Tbk released its consolidated financial statements yesterday, for the nine month period, ending September 30, 2019.
...
Friday, 22 November 19
UNCERTAINTY IN THERMAL COAL MARKET PERSISTED IN 3Q19 - ADARO
Uncertainty in thermal coal market persisted in 3Q19, mainly due to the actions, or inactions, of China in setting policies for global coal market. ...
Friday, 22 November 19
CIL TO DEVELOP 55 NEW COAL MINES IN NEXT 5 YEARS: COAL MINISTER
State-owned CIL will develop 55 new coal mines and expand 193 existing ones in the next five years, Parliament was informed. The company is also un ...
Thursday, 21 November 19
4TH DEEP OFFSHORE WEST AFRICA CONGRESS 2020
4th Deep Offshore West Africa Congress 2020
17 Janaury 2020
Accra, Ghana
Press Release: Following the great succ ...
Thursday, 21 November 19
INDONESIA PLANS TO KEEP $70/T COAL PRICE CAP FOR PLN, DMO - REUTERS
Indonesia’s energy minister Arifin Tasrif said his ministry plans to maintain a price cap on coal being sold to state electricity utility, PT ...
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- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Australian Coal Association
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
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