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Monday, 25 November 19
A 53,000DWT SHIP FIXED AT $9,500 DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY VIETNAM - BALTIC BRIEFING
.jpg) Capesize
After a week of value being eroded on the Capesize market, Friday brought improved sentiment across most of the routes. The 5TC average opened the week at $20,970 and closed out Friday up $580 to settle at $18,930, illustrating clearly the deteriorating condition of the market. While the Pacific Basin maintained its usual constant flow, improved sentiment built in the Atlantic Basin. Bids were heard to be firmly up across all routes. The Brazil to China C3 route opened the week at $19.04, reaching a midweek low of $18.225. However, with Fridays jump of 72.5 cents, the route settled at almost parity at $19.03 pushing into the weekend. While this current lift is encouraging for a possible last market push before the end of the year, trade activity overall hasn’t been reassuring. But as eyes drift to the New Year, and improved clarity post IMO changes, traders are sure to have plans in mind which will hopefully bring improved activity.
Panamax
It was a somewhat mixed bag in the market this week, despite very few pockets of resistance and a hefty softening of rates throughout the week. In the Atlantic, aside from the North Continent/Baltic trades which held steady, the longer fronthaul trips from the US Gulf and East Coat South America (ECSA) came under severe pressure. A 76,000dwt ship was fixed at $9,500 from ECSA for a Transatlantic round trip. From the US Gulf for Transatlantic business, $14,500 was concluded on an 81,000dwt vessel. From ECSA to the Far East, a 75,000dwt ship agreed $12,500, plus $250,000 ballast bonus. On the shorter duration trips, via the Baltic, the rates ranged between $12,500 and $11,750 for the 82,000dwt tonnage. In the Pacific, improved demand from Australia and the US North Pacific enabled the rates to remain generally steady throughout the week. An 81,000dwt ship covered $10,000 for an Australian round trip whilst a 75,000dwt ship achieved $8,500 for the same run. From the US North Pacific, an 82,000dwt vessel concluded $9,500 for a round trip back to Singapore-Japan. A rate of $8,000 was agreed on a 75,000dwt vessel.
Supramax/Ultramax
The market can be described as ‘cautiously optimistic’ as the week ended. The Baltic Supramax Index (BSI) slowly gained momentum, with some routes in positive territory. There was limited period activity, an Ultramax, open central Mediterranean, covered a short period in the mid $11,000s. Atlantic demand grew from the US Gulf, with a 63,000dwt vessel covering at $15,500 for a petcoke run to the Mediterranean. A 55,200dwt vessel fixed in the low $20,000s for a trip to Japan. East Coast South America remained finely balanced, with limited fresh enquiry. There was more activity from the Continent, where a 63,400dwt vessel fixed for a trip via the Baltic, redelivery in the West Mediterranean, at $14,000. The Asian market also saw a slight improvement in rates, certainly from the South. A 53,000dwt ship fixed at $9,500 delivery Singapore trip, via Indonesia, redelivery Vietnam. From the Indian Ocean, a 58,000dwt vessel fixed from South Africa to West Coast India – Arabian Gulf at $10,500, plus $105,000 ballast bonus.
Handysize
The Baltic Handysize Index (BHSI) fell below 500 by the end of the week, a total decline of 12 points since the beginning of the week. Unlike the bigger-sized ships, which showed signs of improvement, routes in both basins further lost ground throughout the week and little fresh activity came to light. Rates remained weak and vessels overall were still under pressure. A 32,000dwt ship was fixed from the US Gulf for a trip to the Central Mediterranean at low $10,000s. A 38,000dwt vessel open in the US East Coast was fixed for a trip to the Continent at approximately $9,000. In the East, a 39,000dwt ship open Hong Kong was fixed for a trip to CJK at $7,000. A large Handysize vessel was linked to a North Pacific run at mid $7,000s, basis South Korea delivery. A steel trip to Vietnam paid $6,000 on a 32,000dwt vessel from East Coast India.
Source: The Baltic Briefing
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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...
Sunday, 26 January 20
SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
The shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of the ‘Wuhan’ coronavirus ...
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...
Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...
Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...
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Showing 1171 to 1175 news of total 6871 |
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- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- The University of Queensland
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
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