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Sunday, 08 March 20
SUPRAMAX: A 55,000DWT VESSEL FIXING DELIVERY FROM EAST KALIMANTAN FOR A TRIP TO VIETNAM AT $9,100 - BALTIC BRIEFING
SUPRAMAX/ULTRAMAX - A 56,000DWT VESSEL FIXED DELIVERY SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY EAST COAST INDIA, IN THE $6,000S
SUPRAMAX/ULTRAMAX - A 55,000DWT VESSEL FIXING DELIVERY FROM EAST KALIMANTAN FOR A TRIP TO VIETNAM AT $9,100
SUPRAMAX/ULTRAMAX - A 55,000DWT SHIP FIXING DELIVERY SOUTH AFRICA TRIP, REDELIVERY EAST COAST INDIA, AT $11,750 PLUS $175,000 BALLAST BONUS
Capesize
Little changed for the Capesize market over this past week as fixing levels continue to provide meagre earnings for owners across all routes. Vessel demand continues to be grim and this has led many to sit idle in strategic locations, awaiting direction. Bunker prices have continued to soften yet this has only led to new lows on voyage rates. The North Atlantic Basin has shown signs of tightening, as the Puerto Bolivar to Rotterdam C7 ticked up from $6.03 to close the week at $6.35. Although this is thought to be largely sentiment, as fixing volumes remained low. The Brazil to China C3 was one-way traffic this week, with the route taking a particularly heavy blow on Friday, closing out down -0.48 to settle at $11.845. Ballaster vessels are finding themselves being caught directionless in an ocean wilderness and left as easy pickings. The West Australia to China C5 was stable this week, with most majors taking tonnage. It closed out the week down -.264, to settle at $4.936. The Capesize 5TC market closed out the week at $2,542. Capes continue into the new week with little hope of change, alongside the current headwinds on the bow from the global markets.
Panamax
The week began slowly as usual, before activity peaked. Midweek, healthy fixture volume was seen in the Atlantic. With both fronthaul and Transatlantic mineral activity on the rise, firmer bids were observed. Bids are now available for basis delivery this side, with a 2012-built 82,000dwt vessel agreeing $20,000 for a trip via the Baltic to India, with coal. Support was seen from Transatlantic grains too, but something of a two-tiered market existed. South American business was ably served by ballasters who were willing to operate on cheaper numbers. South America activity dipped briefly, but steady cargo flow for March and April saw rates steady. The highlight was a 2019-built, 82,000dwt ship, fixing $15,000 plus $500,000 ballast bonus. In Asia, despite less visibility of fixture rates, sentiment improved on the week against a backdrop of healthy enquiry. In the East Coast South America market, an 82,000dwt ship achieved $9,000 for an Australian round. Similar sized tonnage agreed $6,250 for an Indonesian round trip.
Supramax/Ultramax
A bullish week again with better rates being seen across most areas. Period enquiry remained active. A 58,000dwt vessel open Vietnam fixing five to seven months, trading at $7,000 for the first 30 days and $10,000 thereafter. The Atlantic made gains, especially from East Coast South America. Demand was seen for Supramax vessels to Algeria, with a 58,000dwt ship seeing $14,000s level for the Transatlantic runs. For trips to the Far East, Ultramaxes were covering in the $14,000s plus $400,000 ballast bonus. Good cargo enquiry came from the Continent, which saw a tightening of tonnage. Better levels also appeared from Asia, with a 55,000dwt vessel fixing delivery from East Kalimantan for a trip to Vietnam at $9,100. A 56,000dwt vessel fixed delivery South China trip via Indonesia, redelivery East Coast India, in the $6,000s. It was a steady week from the Indian Ocean, with a 55,000dwt ship fixing delivery South Africa trip, redelivery East Coast India, at $11,750 plus $175,000 ballast bonus.
Handysize
Rates largely improved in the Atlantic Basin this week, which gave strong support to the improvement of the overall index. There were more talks of higher levels being traded in the Continent, compared with last done. In the US Gulf a similarly positive trend maintained, with a number of short period inquires discussed. On timecharter trip front, a 34,000dwt ship was fixed from Southwest Passero, for moving grain to West Coast Central America, at $15,000. Meanwhile, the market continued climbing despite more tonnage generally appearing in East Coast South America. Mid-sized Handysize vessels were fixed from Santos to Morocco, at a rate in the mid $9,000s. There were similar rates for a grain trip from Fazendinha to the Mediterranean. In the Pacific, Australia coastal trips were reported on a 28,000dwt vessel, fixing at $5,300 along the West Coast, basis Cigarding delivery. $2,000 was reported on a 38,000dwt ship for a run from the West Coast to the East Coast.
Source: The Baltic Briefing
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Thursday, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
Thursday, 19 March 20
BIMCO REVISES 2020 FORECAST FOR MAIN SHIPPING MARKETS
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the fu ...
Thursday, 19 March 20
U.S. COAL EXPORTS DECLINED IN 2019 - EIA
In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Informatio ...
Thursday, 19 March 20
SOUTH KOREA'S KOSPO INVITED BIDS FOR MIN 3,700 OR MIN 4,200 NCV LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO), has issued an international tender for total 160,000 MT (±10%) (80,000 x 2 Panamax) of ...
Wednesday, 18 March 20
DRY BULK: INDONESIAN COAL CARGOES PROVIDING A BIG BOOST IN THE EAST WHERE SENTIMENT FOR HANDIES ALSO STARTED IMPROVING - INTERMODAL
The BDI ended last week with small gains on the back of an encouraging number of cargoes out of key trading regions that helped sustain the reserve ...
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Showing 1061 to 1065 news of total 6871 |
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- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
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