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Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS

Fearnleys logoCapesize
The Capesize market has hit new low's in the first week of the new year, with the West Australia route being fixed at USD 6.6 being the lowest, before improving to USD 7 level towards the second half of the week says. TC level is presently sub USD 5,000 for a Pacific round. The weighted average is presently USD 9,000. Period fixing is more or less none-existing at fixed levels, whilst index linked deals are considered interesting, Fearnleys in its latest weekly report.

Panamax
Fearnleys  further noted, the Panama segment experienced a weak sentiment and the sentiment has put rates in both basins under constant pressure in the last weeks, with no exceptions this week. Please take note that the rates quoted will from now on be basis a Baltic type 82,000 DWT Kamsarmax. The Oslo based broker further noted, a TA round voyage pays owners around the mid USD 8.00 per day. A fronthaul from the Continent yields around the mid USD 15,000's. In the Pacific basin, a round voyage pays owners around USD 4,500 per day. The BPI 4TCindex is currently at 803 points, 618 down since week 50, 2019.

Supramax
First week of the new year started poorly. Oversupply of tonnage in the Pacific and lack of fresh enquiry in the Atlantic add lots of pressure on current market conditions. According to Fearnleys, a number of Indonesian round trips were reported at bellow USD 5,000 pd levels. Ultramax for Nopac grain loading was fixed USD 7,900 pd. USD 11,000 pd plus an USD 100,000 ballast bonus for a South African trip into India-China range. US Gulf petcoke runs into the Continent and the Mediterranean were reported in the USD 14,000/15,000 pd range. MV Xing Shou Hai 61’ dwt fixed at USD 13,500 aps Recalada trip Black Sea. From the Mediterranean, a Supra fixed delivery Iskenderun trip to West Africa at USD 7,750. Scrap runs from Continent to Turkey fixing USD 10,000 pd level.



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Saturday, 18 January 20
BIMCO: LOW-SULPHUR FUEL SALE JUMPS TO A 70% SHARE IN SINGAPORE, AS THE IMO 2020 SULPHUR CAP KICKS IN
The final quarter of 2019 marked a massive decline of HSFO sales, as the industry transitioned into compliance of the IMO 2020 Sulphur Cap (IMO2020 ...


Saturday, 18 January 20
GERMAN STEAM COAL IMPORTS IN 2019 PLUMMETED BY 17 % - COAL IMPORTERS ASSOCIATION
Press Release: According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), world trade in h ...


Saturday, 18 January 20
A 61,400 DWT FIXED FROM SOUTH EAST ASIA DELIVERY EAST KALIMANTAN REDELIVERY WEST COAST INDIA IN THE LOW $7,000S - BALTIC BRIEFING
Capesize The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5T ...


Friday, 17 January 20
EIA ESTIMATES THAT U.S. COAL PRODUCTION DECLINED BY 65 MMST (9%) TO 690 MMST IN 2019. IN 2020, COAL PRODUCTION WILL DECLINE BY A FURTHER 14% TO 597 MMST
U.S. Coal Supply.  EIA estimates that U.S. coal production declined by 65 million short tons (MMst) (9%) to 690 MMst in 2019. In 2020, EIA ...


Friday, 17 January 20
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