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Saturday, 28 December 19
SUPRAMAX: A 63,000DWT VESSEL, OPEN CIGADING, FIXED A TRIP VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $8,500 - BALTIC BRIEFING
.jpg) Capesize
The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing IMO bunker costs. A week out from Christmas there was a definite holiday feel, with some traders already absent. Opening Monday, trade was sparse in both Basins, but by mid-week there was signs the Atlantic had bottomed out and improved sentiment was found. The Pacific continued its rout, with the C10 opening the week at $17,000 to close at around $11,200. The two Basins are once again diverging with each other, with the Atlantic C8 at $17,300. Throughout the week the West Australia C5 was volatile, but as the week closed more activity was rumoured and settled at $7.20. The Brazil to China C3 closed in the upper $18.00’s. The C5TC settled at $14,451 on Friday, with two days left to price for the year.
Panamax
Negative values spread across most areas of the market this week, with the Pacific witnessing the biggest losses. In the Atlantic, cargo demand from the South Atlantic weakened a little, but steady enquiry was seen further north. For transatlantic trips from the US Gulf at start of the week we saw a 75,000dwt ship achieving $13,400 plus $340,000 ballast bonus. By the end of the week, an 81,000dwt ship was fixing $12,500 plus $250,000 ballast bonus, both delivery Arrival Pilot Station (APS) US Gulf, with redelivery Skaw-Gibraltar range. From East Coast South America, highest fixed was $15,000 plus $500,000 ballast bonus on an 81,000dwt ship for a trip to the Far East, with the low a 75,000dwt ship achieving $13,600 plus $360,000 ballast bonus. In Asia a big sell off in rates as the week progressed. The highlight at the start of the week was an 81,000dwt vessel agreeing $11,000 for an Australian round trip. However, by Friday a 79,000dwt vessel had conceded $6,250 for a trip via Australia to India.
Supramax/Ultramax
With the long holidays ahead, the market ends on a quiet note, with the Baltic Supramax Index (BSI) having lost ground. Period activity surfaced mid-week, with a 61,000dwt ship, open US East Coast, fixing short period Atlantic trading in the low $13,000’s. The Atlantic softened as owners sort cover over the holiday period. From the US Gulf, 55,000dwt ships saw around $16,000 for transatlantic runs. The South Atlantic closed on a subdued note, although some said there was still demand for trips to the Far East. There was limited information from the Mediterranean, but a 56,000dwt vessel was fixed from Turkey to Spain in the upper $8,000s. As the week closed, tonnage lists in Asia increased, with a lack of fresh enquiry. A 63,000dwt vessel, open Cigading, fixed a trip via Indonesia, redelivery West Coast India, at $8,500. Further north, a 61,000dwt vessel, open South Korea, was fixed for a North Pacific round, redelivery Southeast Asia, at $8,000.
Handysize
Activity started slowing down with year-end holidays fast approaching. Overall the indices slipped in both the Atlantic and Pacific, with the Baltic Handysize Index (BHSI) going back to the 500 point level. Early in the week a 32,000dwt ship open in Singapore was fixed for a trip to South China at high $6,000s. A 39,000dwt vessel open in Southeast Asia was booked for a trip to West Coast North America at $5,000 for the first 55 days and $10,500 for the balance period. From the Atlantic, a 32,000-tonner was fixed from the Black Sea for a grain trip to Huelva at $8,250. A 31,000dwt vessel open spot in East Mediterranean was fixed for a steel trip to East Coast South America at $8,000. A similar sized vessel was fixed from the Continent to Portugal at $11,000.
Source: The Baltic Briefing
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Tuesday, 07 January 20
CLEANER AIR IN 2020: 0.5% SULPHUR CAP FOR SHIPS ENTERS INTO FORCE WORLDWIDE - EUROPEAN COMMISSION
From 1 January 2020, the maximum sulphur content of marine fuels is reduced to 0.5% (down from 3.5%) globally – reducing air pollution and pr ...
Tuesday, 07 January 20
BHP EYES INDIA FOR COAL GROWTH AS CHINA DEMAND FLATLINES - SYDNEY MORNING HERALD
Australia’s largest miner, BHP, believes the long-term trajectory of the emerging economy of India and the acceleration of its steelmaking ou ...
Sunday, 05 January 20
BUNKER QUALITY CLAIMS IN 2020 - ISSUES TO CONSIDER - CLYDE&CO
KNOWLEDGE TO ELEVATE
In recent years the shipping industry has faced a significant number of bunker quality claims, most notably ari ...
Saturday, 04 January 20
SUPRAMAX: A 53,000DWT VESSEL FIXING DELIVERY INDONESIA TRIP TO CHINA AT $4,000 AND A 58,000DWT SHIP FIXING DELIVERY EAST KALIMANTAN TRIP TO THAILAND AT $5,500 - BALTIC BRIEFING
Capesize
The New Year started with an erosion on pre-Christmas rates as the higher low sulphur fuel costs due to IMO 2020 affected levels. From ...
Thursday, 02 January 20
DMO 2020 PRICE SET FOR ELECTRICITY SECTOR - IAN WOLLFF
On the 26th December 2019, the Minister of Energy and Mineral Resources (ESDM) issued the decree No. 261.K/30.MEM/2019 about the States needs for c ...
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Showing 1211 to 1215 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- VISA Power Limited - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
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