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Monday, 20 April 20
SUPRAMAX: A 52,000DWT SHIP FIXING AN INDONESIA COAL RUN TO CHINA AT $4400 - BALTIC BRIEFING
 Capesize
This week was the strongest period seen for the Capesize market in several months. All routes globally succumbed to improved sentiment, albeit the Pacific Basin lagged somewhat, with the West Australia to China C5’s usual flow proving resistant. Ending the week on a high, the C5 route added +0.232 to settle at $4.918. The Pacific round voyage route C10 opened the week at a premium to the Transatlantic C8. However, this was quickly surpassed, as the Atlantic Basin saw a lifting of cargo levels to available tonnage as several fixtures posted stronger returns. The Atlantic C8 stands at $10,075 to the Pacific C10 at $8,500. The Atlantic Basin was ignited predominantly on fronthaul C9 and ballaster routes back to the Far East. While fundamentals don’t appear drastically changed the push-pull between the Basins is now in motion, adding volatility and opportunity at above OPEX levels. The Capesize 5TC opened the shortened week at $6,762 to close out at $9,875.
Panamax
Easter holidays impacted the market last week, with only minor movements in the Baltic Panamax Index (BPI). Baltic mineral trades proved active, so too were South American fronthaul grains, particularly from North Coast South America (NCSA). Rates crept up a little from NCSA, with $13,350 plus $335,000 ballast bonus being paid for an 82,000dwt ship. Rates for Baltic round trips generally hovered around the $5,000 mark, but activity elsewhere was limited. In the Pacific, grain demand from the North Pacific started brightly. An 82,000dwt ship achieving $8,250 for a trip via the North Pacific, back to Singapore-Japan. However, generally demand in the region eased as the week went on, in turn weakening rates in the process. Some brief activity this week in the period market included a well described 82,000dwt ship agreeing to $10,850 for one year’s period.
Supramax/Ultramax
With the ongoing Covid-19 situation the market remained bleak, with a lack of fresh enquiry and tonnage readily available in most areas. Period activity was sparse, but a 60,000dwt ship, open Campha, was linked to about six to nine months trading at $8,500. From the Atlantic, East Coast South America lacked impetus, while from the US Gulf, an Ultramax was rumoured fixing in the mid $12,000s for trips to the Far East. From the Continent, a 56,000dwt ship was fixed delivery Baltic trip, redelivery East Mediterranean, in the mid $5,000s. Little encouragement was seen from Asia as well. A 56,000dwt vessel fixing delivery Philippines trip, via Australia, redelivery Singapore-Japan, at $5,000. A 52,000dwt ship fixing an Indonesia coal run to China at $4,400. There were a few green shoots appearing from the Indian Ocean, with a 61,000dwt vessel covering a trip delivery West Coast India, via Aqaba, redelivery East Coast India, at $6,500.
Handysize
A short week with the overall Baltic Handysize Index (BHSI) falling below 300 after the Easter weekend. By the end of the week, the BHSI had declined to the same level last seen in April 2016. Little fresh cargo emerged in key areas, with sentiment remaining negative throughout the week. Whilst the tonnage supply was getting more excessive in both Basins, brokers saw limited market information or movement, suggesting more pressure on owners to get their vessels fixed any closer to the level of last done.
Source: The Baltic Briefing
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Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
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Showing 1756 to 1760 news of total 6871 |
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- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- The University of Queensland
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
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