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