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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, 21 October 19
COAL TO PLAY SIGNIFICANT ROLE IN SOUTH AFRICA POWER MIX - MINISTER, REUTERS REPORTED
South Africa’s plans for additional power generation over the next decade will involve a variety of energy sources, with coal still playing a ...
Monday, 21 October 19
ULTRAMAX: IN ASIA, TRIPS FROM THE SINGAPORE AREA WERE PAYING BETWEEN $14,000 AND $16,000, DEPENDING ON THE VESSEL SIZE AND DURATION - BALTIC BRIEFING
Capesize
The market traded in a relatively stable supported manner in the Pacific this week while the Atlantic experienced weakening turbulence ...
Friday, 18 October 19
WHY CRUDE TANKER RATES JUST FELL (HALFWAY) BACK TO EARTH - FREIGHT WAVES
Panic drove crude-tanker rates up, very briefly, to mind-bogglingly high assessed levels of around $300,000 per day. Now, the fear factor has been ...
Friday, 18 October 19
SHORT TERM STRENGTH FOR OZ COMMODITIES - BALTIC BRIEFING
Volatility in the global commodity markets is not expected to unduly rattle Australia’s commodity outlook through 2020, but the 2021 picture ...
Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...
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Showing 1306 to 1310 news of total 6871 |
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- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
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