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Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize
Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far less than the mathematical average - same being stable w-o-w at USD 9000/day, said Fearnleys in its latest weekly report. Vintage, non-eco, non-scrubber units suffering by far the most. With historically high bunker prices, scrubber-fitted ships presently earn an extra USD 8-10k/day in comparison.
The report further noted that, Far East iron ore and coal volumes are fair but not sufficient to change a nervous spot sentiment. Atlantic and fronthaul minerals outlook is better, but still remains to be seen if live up to expectations next few weeks. Healthy period interest, but actual activity limited and much focused on index-linked levels view poor spot and forward values-representative fixtures including spot 180,000 dwt, built 2010, for about 12 months at ave5tc plus 10 pct.
Panamax
Commenting on Panamax sector, Fearnleys says, this week started in the red with limited activity, but picked up during the next days as usual. Positive sentiment, especially from ECSA, has turned the index green again with new cargoes entering the market mid-week. A TA round voyage pays owners around the mid USD 7,000 per day. A fronthaul from the Continent yields around the low USD 15,000's. In the Pacific basin, a round voyage pays owners around USD 4,500 per day, while a kmx fetches around 10,000 DOP Singapore for a grain run via ECSA. The BPI 4TC-index is currently at 825 points, 22 up since last week.
Supramax
The market flattening out and some more resistance from owners in the East, although still at low levels says Fearnleys on Supramax.
Indo/China round voyage fixing around low/mid USD 6,000 bss aps Indo, while Cis round voyage to China talking around USD 4,500 aps.
Nopac round voyage fixing around USD 7500 + 250k gbb aps nopac, while Aussie round voyage talking around low 6k dop China delivery. In the Atlantic, ECSA fronthaul are paying around 13,000+300k gbb, while to TA to Med around USD 12,000. From Med to Wafr it is paying around USD 7,500, while fronthaul ex Continent is paying around USD 20,000. There has been some period activity where Ultras covered short period around USD 9,500 in the Far East, while for longer periods close to 1 year, split rates are discussed roughly around 5,000 first 30 days and in the 8k's for the balance.
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Tuesday, 14 January 20
SHIPPING MARKET ANALYSIS - ALLIED SHIPBROKING
Uncertainty in the global geopolitical sphere seems to have not come to an end along with 2019, as 2020 commenced with renewed tensions between the ...
Tuesday, 14 January 20
DRY BULK MARKET: "THIS IS NOT THE END OF COAL" SAYS IEA - BALTIC EXCHANGE
A historic drop in coal-fired electricity generation will not sway global coal demand from its upward trajectory through to 2024, though growth wil ...
Saturday, 11 January 20
ARE YOU 95% CONFIDENT THAT YOUR VERY LOW SULPHUR FUEL IS ON SPEC AND MARPOL COMPLIANT? - GARD
KNOWLEDGE TO ELEVATE
Bunker fuel is a commodity and, like all commodities, is produced and sold according to specifications. Bunkers are usual ...
Saturday, 11 January 20
NEW PRICING COULD SPELL TROUBLE FOR CHINA'S COAL SECTOR - CHINA DIALOGUE
Benchmark coal tariffs have been the foundation of China’s electricity pricing since 2004 but this mechanism was replaced on January 1 with a ...
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 ...
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- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
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- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
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- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
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- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Parliament of New Zealand
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- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
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- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- PTC India Limited - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Planning Commission, India
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- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- The University of Queensland
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- The Treasury - Australian Government
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- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
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