We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 22 November 19
UNCERTAINTY IN THERMAL COAL MARKET PERSISTED IN 3Q19 - ADARO
Uncertainty in thermal coal market persisted in 3Q19, mainly due to the actions, or inactions, of China in setting policies for global coal market. ...
Friday, 22 November 19
CIL TO DEVELOP 55 NEW COAL MINES IN NEXT 5 YEARS: COAL MINISTER
State-owned CIL will develop 55 new coal mines and expand 193 existing ones in the next five years, Parliament was informed. The company is also un ...
Thursday, 21 November 19
4TH DEEP OFFSHORE WEST AFRICA CONGRESS 2020
4th Deep Offshore West Africa Congress 2020
17 Janaury 2020
Accra, Ghana
Press Release: Following the great succ ...
Thursday, 21 November 19
INDONESIA PLANS TO KEEP $70/T COAL PRICE CAP FOR PLN, DMO - REUTERS
Indonesia’s energy minister Arifin Tasrif said his ministry plans to maintain a price cap on coal being sold to state electricity utility, PT ...
Wednesday, 20 November 19
FOREIGN DIRECT INVESTMENTS IN COMMERCIAL COAL MINING IN INDIA? - DIPESH DIPU
In August 2019, Government of India announced its approval for Foreign Direct Investment (FDI) for coal mining, processing and sale. Not that FDI i ...
|
|
|
Showing 1276 to 1280 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- The University of Queensland
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
|
| |
| |
|
