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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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Monday, 02 December 19
GREENER LNG IS VITAL TO ASIA'S SUSTAINABLE DEVELOPMENT - WOOD MACKENZIE
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Saturday, 30 November 19
IMO2020 GLOBAL SULPHUR CUT: GERMAN SHIPPING TO USE NEW TYPE OF FUEL VDR SURVEY
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- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- VISA Power Limited - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- The University of Queensland
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
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