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