We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 29 February 20
SUPRAMAX SENTIMENT WAS UP IN A FEW KEY AREAS OVER THE LAST WEEK - BALTIC BRIEFING
.jpg) Capesize
The Capesize market woes related to Coronavirus have now spread through the wider global markets like wildfire. The wider supply and demand and operational ramifications now seem painfully clear. With Capes already trolling the bottom of the market there was little left to be squeezed out of it this week. With oil prices bearing the brunt of poor forecast demands in the coming months, traders kept a close eye on the declining fuel costs. This added a little volatility as route earnings improved to quickly readjust down once again. The Capesize 5TC, now $2,274, has remained below $3,000 for three weeks straight, whilst market conditions seemingly continue to deteriorate. The West Australia to China C5 opened the week at $5.99 to close out the week at $5.20. The Brazil to China C3, which is still lacking in any solid spot cargo flow, opened the week at $13.015 to close at $12.585. In other news the VLOC ‘Stella Banner’ (300,660 dwt) laden with 294,000mt iron ore has been reported to have intentionally grounded to avoid capsizing shortly after leaving the port of Ponta Da Madeira, Brazil.
Panamax
Last week witnessed plenty of improvement in the market aided with bunker prices falling, sentiment now seems generally optimistic. The North Atlantic trades continued to struggle, but with fronthaul volume increasing from East Coast South America (ECSA), particularly end March/early April shipments, rates improved. However, several still viewed current levels within the Atlantic as a good buying opportunity and took cover by booking tonnage for two-to-three laden legs within the Atlantic. The highlight rate on Arrival Pilot Station (APS) ECSA, basis being $14,700 plus $470,000 ballast bonus on an 82,000dwt ship. $11,000 was also concluded a couple of times on nicely described 82,000dwt tonnage, both delivery Singapore. Elsewhere in Asia there were small incremental improvements over the week, with some support being lent. There were steady levels of fixing ex Australia and North Pacific, with mid $7,000’s for North Pacific rounds getting fixed on a couple of occasions.
Supramax/Ultramax
Sentiment was up in a few key areas over the last week with the Baltic Supramax Index (BSI) gaining 63 points since Monday. Period inquiry remained mainly from the Indian Ocean, with a 53,000dwt vessel open Arabian Gulf fixing one year’s trading in the $9,000s. From the Atlantic, better activity was seen from East Coast South America, with demand up particularly for Transatlantic runs. A 61,000dwt ship was seen fixing delivery Recalada trip Skaw/Mediterranean in the low $13,000s. There were strong numbers from the US Gulf, with a 58,000dwt vessel reported fixing for a Japan trip at $21,000. There was a good number of clinker runs from the East Mediterranean, a 66,000dwt ship fixing delivery Turkey trip to West Africa in the $11,000s. The Asian Basin remained positional, but sentiment improved overall. A 63,000dwt ship fixing delivery South Korea for a North Pacific round, redelivery Southeast Asia, in the upper $7,000s. More enquiry from the Indian Ocean, with Ultramaxes seeing in the low $12,000s and low $200,000s ballast bonus redelivery Pakistan/West Coast India.
Handysize
The Handysize market experienced a more positive week, with the Atlantic routes driving the charge on a positionally tighter supply/demand outlook. HS1, Continent-EC South America, and HS2, Continent-US East Coast, were the main beneficiaries, posting gains of 554, and 571 points respectively, on the week. The timecharter average duly gained 285 points on the week, to close at 5,831. The Pacific, meanwhile, remained subdued, both in terms of volume and rate levels, where it traded flat at the end of the week, as macroeconomic concerns continued to weigh. Such was the dichotomy in the market, however, brokers remained divided as to whether this week’s improvements were sustainable – some cited the growing tonnage count in several areas – the longer-term outlook therefore remains far from certain.
Source: The Baltic Briefing
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...
Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...
Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...
Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.
The Coal Miners Union of Ukrai ...
|
|
|
Showing 1096 to 1100 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Australian Coal Association
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- PTC India Limited - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
|
| |
| |
|
