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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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Wednesday, 20 November 19
AUSTRALIA'S NEW HOPE POSTS 66% SURGE IN Q1 SALEABLE COAL OUTPUT - REUTERS
Australian coal producer New Hope Corp Ltd reported on Tuesday a 66% jump in saleable coal production in the first quarter, as output ramped up at ...
Wednesday, 20 November 19
THE IMO AND THE PRICE OF GAS OR THE IMPACT OF THE INTERNATIONAL MARITIME ORGANISATION'S SULPHUR 2020 LIMIT FOR MARINE FUEL OIL ON THE PRICE OF GAS - KING & SPALDING
The main bunker fuel for ships is High Sulphur Fuel Oil (HSFO, with sulphur up to 3.5% m/m (mass by mass)). This will all change on 1 January 2020 ...
Wednesday, 20 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
While the market expects the next OPEC meeting, there are still no clear signs indicating that the organization will keep supporting oil prices, wh ...
Monday, 18 November 19
CHINA RECORDS STABLE COAL PRODUCTION IN JAN-OCT: XINHUA
China’s raw coal output registered stable growth in the first 10 months, while its imports remained robust, official data showed.
...
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 ...
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Showing 1281 to 1285 news of total 6871 |
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- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Planning Commission, India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
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