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Wednesday, 11 December 19
PANAMAX: THE MARKET REMAINED FIRM IN THE PACIFIC, WITH INCREASED ACTIVITY NOTED IN KEY AREAS, SUCH AS INDONESIA - ALLIED
AlliedCapesize – Positive momentum was resumed this past week, with earnings mak-ing some gains once again. This rising pattern was reflected in the BCI, which posted a w-o-w increase of 4.5%. The Pacific was the key driver in this growth trend, as demand for iron ore from Asia posted a significant rise. At the same time, the net effect from Atlantic trading was neutral, as the initial steam lent by in-creased interest from charterers gradually vaporized as the week came to an end.
 
Panamax – A bullish week, as ample fresh interest was witnessed in the market, with the BPI rising by approximately 10% on a weekly basis. In the Atlantic basin, a gear up took place with increased demand from S. America helping several units find cover. Additionally, the market remained firm in the Pacific, with increased activity noted in key areas, such as Indonesia.
 
Supramax – Rates continued moving on a rising track this past week, with most of the routes posting gains that were reflected on the 2.3% weekly rise of the BSI. The fairly increased activity has reduced position lists in key regions, pushing freight rates higher and improving further the overall market sentiment.
 
Handysize – Earnings moved sideways here last week, with the BHSI remaining almost steady at 507bp. Lack of information once again dominated the market, fact that made it difficult for the market to find any clear direction. However, gen-erally limited fresh interest was noted in the Atlantic, at the same time that an uptick was seen in demand from Asia.


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Thursday, 19 December 19
COAL POWER GENERATION CONTINUES TO DECLINE IN GERMANY: DESTATIS, XINHUA REPORTED
The volume of electricity generated in coal-fired power plants in Germany decreased “markedly” by 37 percent to 34 billion kilowatt-hou ...


Thursday, 19 December 19
BANGLADESH'S NBR CUTS VAT ON COAL IMPORT FOR POWER PLANTS - THE DAILY STAR
The National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5 percent from present 15 percent for five ye ...


Wednesday, 18 December 19
AVERAGE PRICES OF COAL IN 2018 WERE MORE THAN 60% HIGHER THAN IN 2016 - IEA
Coal use grew again in 2018.  Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline ...


Wednesday, 18 December 19
ASIA IS SET TO SUPPORT GLOBAL COAL DEMAND FOR THE NEXT FIVE YEARS - IEA
Press Release: Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in ...


Wednesday, 18 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to have a massive impact ...


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