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Saturday, 11 January 20
BALTIC BRIEFING TANKER REPORT - WEEK 2
VLCC
Escalating tensions between the USA and Iran, in addition to a continuing strong market, made for an interesting week, with rates firming 2.5-3 points across the board. 270,000mt Middle East Gulf to China is now WS125, and 280,000mt to US Gulf, basis Cape/Cape, is assessed at WS65. Similarly, 260,000mt West Africa to China rose to WS115. The biggest climb was seen for 270,000mt voyages US Gulf to China, where rates went up about $2.25m to be last assessed at $15m. However, this rate is now under downward pressure.
Suezmax
Rates for 130,000mt West Africa to UK-Continent moved up about 12.5 points to high WS150s. For 135,000mt Black Sea to the Mediterranean, rates are assessed at mid WS160s. The market for 140,000mt Basrah to the Mediterranean saw a few fixtures done, improving just over 10 points to WS77.5-80 level.
Aframax
The 80,000mt cross-North Sea market eased, shedding about 15 points to mid WS140s. 100,000mt Baltic to UK-Continent also dipped 15 points to low WS130s. The 80,000mt Ceyhan to Lavera trade also fell back about 15 points to WS167.5 level. On the other side of the Atlantic, rates for 70,000mt Caribbean to the US Gulf initially continued firming to WS400, but are now under pressure and last assessed in the low WS390s. This is still up 27.5 points week-on-week. The 70,000mt US Gulf to Trieste run remains strong, however, rates have fallen 30 points to the WS277.5-275 region as ballasters from Europe have contributed to the growing list of tonnage.
Clean
Although bunker prices are high, and tension simmers there, the market for both 75,000mt and 55,000mt Middle East Gulf to Japan came under downward pressure. The market eased over 10 points to low WS140s on the larger size, with a similar weakening seen on the 55,000mt size where rates are now hovering in the mid WS140s. A slow week in the market for 37,000mt Amsterdam Rotterdam Antwerp (ARA) to the US Atlantic Coast saw rates lose 10 points to WS175, albeit on a ship with last cargo chemicals. However, brokers feel with the limited outstanding enquiry this could be achievable with conventional last cargo clean. In contrast, the 38,000mt backhaul route from US Gulf to UK-Continent had a positive week, with rates firming 15 points to WS145.
Source: The Baltic Briefing
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Tuesday, 21 January 20
ASIA'S APPETITE FOR COAL GROWS, WITH CHINA THE KEY DECIDER - NIKKEI
Although renewable power generation is expected to rise significantly in Asia, India’s vast electricity needs will still underpin global dema ...
Tuesday, 21 January 20
THERMAL COAL PRICES SET FOR RECOVERY THIS YEAR AS OVERSUPPLY TIGHTENS - REUTERS
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian cou ...
Monday, 20 January 20
INDIA TO STOP SUBSTITUTABLE COAL IMPORT; CAN GO FOR AUCTION OF 100 FULLY EXPLORED NEW BLOCKS: JOSHI - PTI
The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act ...
Monday, 20 January 20
CHINA DECEMBER COAL OUTPUT UP 2.4 PERCENT ON YEAR - STATS BUREAU: REUTERS
China produced 331.74 million tonnes of coal in December, up 2.4 percent on the year, the National Bureau of Statistics said on Friday.
...
Monday, 20 January 20
CHINA IMPORTED 124.4 MLN TONNES OF COAL FROM INDONESIA IN 2019, UP 15.1 PERCENT YOY - BANCHERO COSTA
China's coal imports raced ahead in 2019, surprising many who had expected that in the months of 2019 to come the government would clamp down s ...
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- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- The Treasury - Australian Government
- VISA Power Limited - India
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
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