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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chinese New Year it became quickly evident positions had been managed the week before leaving only minimal loose ends to be tied up. Activity levels were never going to be anywhere near enough to counter an over-tonnaged Asia region. The Atlantic fared the worst of the two basins, dropping from $14,440 to $8,475 as what few vessels available were more than enough for the minimal cargoes available. With options dwindling, Brazil to China cargoes were seen to be fixed at bargain basement prices, as ballaster vessels looked to avoid being stranded in no-mans’ land. C3 opened the week at $17.85 to close at $15.917. Most major charterers on the West Australia to China C5 were absent this week, except for Rio Tinto, who manged to lower the last done seemingly at will. The C5 opened the week at $6.832 to close out at $6.155.
Panamax
Rates continued to slide all week with hopes of the market finding a bottom, but some very low trades were still witnessed. The Pacific began the week relatively active, but as Asian holidays approached, the market slowed significantly towards the weekend. Aside from East Coast South American trade, the Atlantic was bereft of any real vanilla transatlantic trips. Consequently, there was a distinct lack of demand and rates weakened further. On East Coast South America to Far East trades, $13,750 plus $375,000 ballast bonus was agreed a few times on nicely described 82,000dwt tonnage. An 81,000dwt vessel was fixed at $17,500 for a trip via the Baltic sea to China. On the Indonesian coal round trips this week the median rate appeared at around $4,500 plus $45,000 ballast bonus. This was on 82,000dwt tonnage, basis delivery arrival pilot station (APS) Indonesia. For longer duration trips via the North Pacific, a healthy looking $7,500 was achieved a couple of times on 82,000dwt tonnage.
Supramax/Ultramax
Despite a good level of cargo enquiry, the shear amount of prompt tonnage kept rates in check throughout the week. Chinese New Year celebrations also kept activity levels low from the Asian Basin. Limited period enquiry, but a 58,000dwt ship open East Coast United States, fixing 11-13 months trading at $11,000 was seen. A 61,000dwt ship open China achieving in the low $11,000s for similar period was also seen. In the Atlantic, a 63,000dwt vessel covered a transatlantic run from the US Gulf in the upper $14,000s. Whilst from the South Atlantic, a 56,000wt ship fixed a trip to Southeast Asia at close to $12,250 plus low $200,000s ballast bonus. The Asian Basin saw a 56,000dwt ship fixing delivery Samarinda trip to West Coast India at $4,750. From the Indian Ocean, a 63,000dwt ship covered delivery South Africa trip to Singapore-Japan range at $11,900 plus $190,000 ballast bonus. Brokers were waiting to see the direction after the widespread holidays.
Handysize
There was generally more Handysize tonnage appearing in both basins throughout the week. Together with other routes, East Coast South America also started to show weakening signs, with the Baltic Handysize Index (BHSI) remaining in negative territory. Rates from Skaw-Passero range moved sharply lower, with a small gap between East Coast South America and US Gulf redelivery. A 34,000dwt ship delivery in Turkey was fixed at $4,000 for a trip to North Coast South America/Caribbean redelivery. Another similar-sized ship was fixed from Mukran for a trip to West Africa at $8,000. Activity was limited in the Pacific, with Chinese New Year approaching. In the Indian Ocean, a 36,000dwt was fixed basis delivery Kandla 22/25 January for a trip to West Coast India at $5,250.
Source: The Baltic Briefing
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Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Tuesday, 07 January 20
CLEANER AIR IN 2020: 0.5% SULPHUR CAP FOR SHIPS ENTERS INTO FORCE WORLDWIDE - EUROPEAN COMMISSION
From 1 January 2020, the maximum sulphur content of marine fuels is reduced to 0.5% (down from 3.5%) globally – reducing air pollution and pr ...
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Showing 1206 to 1210 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Australian Coal Association
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- The University of Queensland
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
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