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Saturday, 30 November 19
PANAMAX: LEVELS IMPROVED IN THE PACIFIC MARKET TOO WITH $11,000 BEING CONCLUDED ON AN 81,000DWT SHIP FOR AN INDONESIA TO CHINA COAL TRIP - BALTIC BRIEFING
.jpg) Capesize
The market has been well supported over the past week, led primarily by the Atlantic Basin. After bottoming last week, sentiment was seen to improve strongly, with both paper and physical traders buying into the rally. Opening the week at $18,930 on the Capesize 5TC, it has now lifted to $23,865. Traders had been eyeing up the second half of December, loading windows out of Brazil in recent weeks citing likely tonnage tightness. They weren’t disappointed as C3 was seen to open the week at $19.030, to end the week at $22.375. Furthermore, into the North Atlantic a flurry of fronthaul business, now beginning to incorporate ice zone premiums, have kept the basin under tonnage supply pressure heading into the final month of the year. The Pacific Basin struggled to counter the improved sentiment and was seen to lift early in the week past mid $9’s on C5 with a very healthy flow of fixtures being heard. C5 closed out the week at $9.95 with talk of $10.00 being concluded.
Panamax
There were significant gains this week, the Atlantic leading the charge, with the Skaw to Gibraltar Transatlantic round-trip route P1A_82, gaining more than $2,500 in value on the week. Stronger levels were concluded on the Baltic trades, with an 80,000dwt ship achieving $13,500 for a trip Skaw-Gibraltar. On the longer Transatlantic trips, an 82,000dwt vessel agreed $10,500 delivery. The East Coast South America (ECSA) grain front haul activity saw healthy volumes of fixing. With some clearing out the early December shipments towards the beginning of the week the rates began to improve. An 82,000dwt ship was reported as fixing $13,750 plus $375,000 ballast bonus ECSA to Far East, while a 75,000dwt vessel achieved $12,500 plus $250,000 ballast bonus for same trip. US Gulf grain shipments gained traction with an 85,000dwt ship fixing $16,000 plus $600,000 ballast bonus for a US Gulf to Far East trip. Levels improved in the Pacific market too with $11,000 being concluded on an 81,000dwt ship for an Indonesia to China coal trip. From Australia, at the start of the week, $8,100 was agreed on an 81,000dwt vessel. However, by the end of the week, this had increased to $10,000 for the same tonnage and same trip via Australia to China. Period interest also increased on the week with reports of an 82,000dwt vessel achieving $11,400 for five to eight months worldwide trading.
Supramax/Ultramax
Following on from the previous week, the Baltic Exchange Supramax Index (BSI) remained in positive mode, but both basins remained patchy with some areas recovering whilst others remained flat. Limited period activity surfaced, but Ultramax size saw in the region of mid $10,000s for the medium period. Stronger levels were seen in the US Gulf with a 61,400dwt ship fixing at around $17,000 to the east Mediterranean (Med). East Coast South America had better demand, but rates remained static: a 58,000dwt vessel fixing at $13,000 plus $300,000 ballast bonus for a trip to Bangladesh. From Asia, activity centred around the south, with a 48,800dwt ship fixing delivery Gresik, Changjiangkou (CJK) at $11,750. Limited fresh cargo further north, but a 61,000dwt ship fixed delivery CJK trip via Indonesia for redelivery India at $9,150. The Indian Ocean remained calm, with a 58,000dwt vessel fixing delivery Fujairah for a trip to Bangladesh at $13,000, whilst another 58,000dwt vessel fixed delivery South Africa trip to west coast India at $10,500 plus $150,000 gross ballast bonus.
Handysize
A positive trend started to show in the Handy sector this week, which was last seen back in the end of September this year. The Atlantic market saw a ray of hope for ships in key areas after weeks of weak rates. From East Coast South America, a 38,000dwt ship was fixed for a trip to Southeast Asia at $15,000s level. Mid-sized Handy vessels were reportedly fixed from Recalada at $16,000 for a trip to West Coast South America, or $14,000 for a trip to east Africa. A coal trip via the Baltic to the Continent paid $12,000 on a 38,000dwt ship delivery to Belfast. Rates also climbed in the US Gulf but saw limited activity reported with the Thanksgiving holiday at the end of the week. In the East, the sentiment began largely flat but restored in the later stage after exchanging ideas. Overall, minimal changes on the Pacific routes but with some signs of gain.
Source: The Baltic Briefing
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Wednesday, 25 December 19
COVER FOR WAR AND TERRORISM RISKS, AND COVER IN RESPECT OF BIOLOGICAL AND BIO-CHEMICAL WEAPONS - 2020 POLICY YEAR: AMERICAN CLUB
KNOWLEDGE TO ELEVATE
This Circular describes the arrangements which have been made to provide special cover for war and terrorism risks, and c ...
Wednesday, 25 December 19
EXHAUST GAS CLEANING SYSTEMS (SCRUBBER) GUIDANCE - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a few weeks, IMO’s ‘global sulphur cap’ will take effect. The permitted levels of SOx in ship emissi ...
Wednesday, 25 December 19
INDONESIAN BUKIT ASAM TARGETS TO MINE 30 MLN T OF COAL IN 2020 - REUTERS
Indonesian state-owned coal miner PT Bukit Asam targets to produce around 30 million tonnes of coal in 2020, compared with an estimate of 28.5 mill ...
Wednesday, 25 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As another year in the shipping industry is coming to an end, it is interesting to look at the dry bulk and tanker markets and how these performed ...
Monday, 23 December 19
VLSFO PRICING & AVAILABILITY NEEDS CAREFUL WATCHING - INTEGR8 FUELS
As we approach January 1st 2020 , the VLSFO price premium to HSFO has widened considerably
We are clearly well into the IMO 2020 transition; ch ...
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Showing 1226 to 1230 news of total 6871 |
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- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
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