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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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Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize
The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...
Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...
Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...
Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize
The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...
Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...
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Showing 1296 to 1300 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Eastern Coal Council - USA
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
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