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.
|
|
Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...
|
|
|
Showing 1111 to 1115 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
|
| |
| |
|
