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, 26 February 20
AS ALL OF THE GLOBAL COAL GIANTS EXIT SOUTH AFRICA, ESKOM TO DEPEND ON TWO MINERS FOR 70% OF ITS SUPPLY - BUSINESS INSIDER
While some of its politicians continue to imagine that coal has a future in South Africa, two key developments from the real world show that securi ...
Tuesday, 25 February 20
DELTA DUNIA MAKMUR REGISTERED A NET PROFIT OF US$20 MILLION FOR FY 2019
PT Delta Dunia Makmur, one of the largest coal mining company in Indonesia, has recorded an US$882 million revenue for FY 2019, 1% lower compared t ...
Tuesday, 25 February 20
SHIPPING UPDATE - ALLIED
The positive feeling and optimism for a fresh rally during the first few months of 2020 that prevailed in the tanker markets during the final quart ...
Monday, 24 February 20
COULD SOME VLSFO FUELS BE BANNED? - GIBSON
The run up to the implementation of the new IMO rules on marine fuels from1st January 2020 had owners and charterers analysing the vari ...
Monday, 24 February 20
CHINA SAYS MAJOR COAL FIRMS RESTORE 95% OF PRODUCTION CAPACITY - REUTERS
China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an offic ...
|
|
|
Showing 1106 to 1110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Aditya Birla Group - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
|
| |
| |
|
