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Saturday, 21 March 20
PANAMAX: 82,000DWT SHIP AGREED $4,250 FOR A COAL TRIP VIA INDONESIA REDELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize
The Capesize market made some headway this past week despite being buffeted by the global pandemic storm. With the market in a constant state of flux on a seemingly endless news cycle, increasing restrictions and disruptions, the Cape 5TC managed a lift out of its recent range to settle the week at $4,067, a lift of +$1,270 for the week. The Atlantic Basin was the bigger mover this week, albeit with fewer fixtures, as large declines in the bunker prices lifted timecharter rates in relation to the marked voyage rates. Declines were felt later in the week with the Brazil to Qingdao C3 dropping from $10.535, to end the week at $9.970. West Australia to China C5 saw a constant flow throughout the week with rates fluctuating to close out at $4.305. Overall, sentiment seems improved, yet it’s expected there will be plenty more turmoil to endure as talk of quarantines increasing, credit lines tightening and port closures being mentioned, while governments react with stimulus injections and boarder closures. This is all churning up a strange dynamic the likes of which have never been experienced.
Panamax
A thin week of trading in the Panamax market, with distractions elsewhere focussing most people’s attention. With mid-week news breaking of port suspensions in a region of Argentina, nervousness beset the East Coast South America market, where lower fixtures than last done drove the index down. Weaker bunker prices further accentuated matters, and there became an apparent appetite for many owners to lock in for longer duration business given the increasingly bleak macro-outlook. This resulted in some discounted rates getting agreed. Rates for fronthaul trips generally hovered around the high $8,000’s to $9,000 mark for nicer described unit’s delivery Southeast Asia and India positions, whilst earlier tonnage was able to achieve closer to $13,000 plus $300,000 ballast bonus delivery Arrival Pilot Station (APS). Very few rumours from Asia, an 81,000dwt ship delivery North China fixing $6,500 for a trip to Japan with minerals, whilst an 82,000dwt ship agreed $4,250 for a coal trip via Indonesia redelivery South China.
Supramax/Ultramax
A volatile week with the spread of Covid-19. For many countries in Europe and elsewhere, the market remained erratic. Period activity was seen, with an Ultramax open North China, fixing five to eight months trading at $11,000. In the Atlantic, uncertainty remained about port activities in East Coast South America, brokers said rates suffered with a lack of fresh enquiry. Limited fresh information surfaced elsewhere, but some said that tonnage remained tight from the US Gulf. An Ultramax was rumoured fixed at around $20,000 for a trip to the East Mediterranean with petcoke. As the week progressed, the Asian Basin came under pressure, with rates slipping. A 56,000dwt ship fixing a trip from China to the Arabian Gulf in the low $3,000s. The Indian Ocean, whilst remaining active, some felt rates were also under pressure. A 60,900dwt ship fixing delivery Richards Bay trip to Vietnam at $12,000 plus $200,000 ballast bonus.
Handysize
The Baltic Handysize Index (BHSI) had an overall positive week, with support coming from both basins. Rates in the Continent to Mediterranean trade broadly remained firm, with some high-level fixtures reported for trips with short duration. However, the fresh orders from the area were described to be limited, with vessels building up for slightly more forward dates. A 35,000dwt ship, open Ghent, was fixed for a trip to North Brazil at $10,000 for moving fertilizers. Minimal changes in East Coast South America this week, whilst in the US Gulf, brokers saw a tight tonnage list, with rates continuously improving. In the East, short period fixtures were reported with a 34,000dwt ship, delivery Vietnam, fixed for three to five months at $5,000 for the first 45 days, and $7,000 thereafter. From the Indian Ocean, a 36,000dwt ship open Mesaieed was booked for a trip to West Coast India at $7,000.
Source: The Baltic Briefing
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Tuesday, 16 June 20
SHALE SHOCKED - WOOD MACKENZIE
Capturing shut-ins in real time
Oil markets are searching for balance as the world reflects on the impact of the COVID-19 pandemic. ...
Sunday, 14 June 20
INDONESIAN COAL WAS STILL IN DEMAND; A 52,000-DWT SUPRAMAX FIXING DELIVERY CJK FOR A ROUND VOYAGE VIA INDONESIA AT $6,250 - BALTIC BRIEFING
Capesize
The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the mar ...
Friday, 12 June 20
CHINA CURBS COAL IMPORTS AFTER 5 MONTHS OF RECORD INFLOWS - SOURCES: REUTERS
China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as ...
Friday, 12 June 20
COAL INDIA LIMITED SET FOR MARKETING DRIVE TO CREATE DEMAND - FINANCIAL EXPRESS
State-run miner Coal India (CIL), which is primarily focused on supplying coal to the power sector, is now reorienting its marketing to create dema ...
Friday, 12 June 20
MOODY'S REVISES BRENT OIL PRICE OUTLOOK TO $35/BARREL IN 2020 - TASS
Low oil prices are likely to exert the highest pressure on Iraq, Oman and Kuwait due to the limited space for the fiscal policy pursuit and higher ...
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Showing 911 to 915 news of total 6871 |
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- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
- Parliament of New Zealand
- Independent Power Producers Association of India
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
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