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Saturday, 02 May 20
SUPRAMAX: ASIA, STRONGER NUMBERS - A 55.000-DWT WAS FIXED FROM INDONESIA TO CHINA IN THE MID $6,000S - BALTIC BRIEFING
 Capesize
A tepid week for the big ships, as macro concerns continued to weigh heavily on the index. All of the major voyage routes lost value, with the exception of the C5 West Australia-China route, which traded up a modest $0.21 on the week, on a steady fixing cadence by the majors. The Pacific basin broadly remained the stronger of the two, whilst the Atlantic witnessed further weakness on Thursday, with “K” Line reported to have fixed an end May 180,000 mt Sudeste/Qingdao at $9.80, from which some in the market extrapolated a weaker equivalent $8.80/$9.00 C3 Tubarao-Qingdao.
The weakness appeared to extend to the North Atlantic too, where the Berge Stanley (2011 180,145dwt) was rumoured to have fixed the timecharter equivalent of approximately $14,500 basis delivery Rotterdam for a fronthaul, although others said that the actual number was higher – irrespective the C9 Continent/Med fronthaul route lost some $3,613 on the week. The widely-observed May Day holiday on Friday, may well offer some brief, but welcome respite.
Panamax
The week appeared to be one of consolidation for owners, with various holidays impacting trade. The North Atlantic appeared severely under pressure with little demand. Several short Baltic rounds were concluded – the mean nestled at around the $4,000 mark. May cargoes ex South America continued to be fixed as we enter peak period for the South American grain market with Kamsarmax types still able to achieve $10,000 delivery SE Asia/India whilst the smaller LME types around $9,000 same basis. The Pacific was very much mineral driven, with a good volume of activity from various loading areas, with coal into China and some into India again dominant. Sources suggested this was now the direction of choice, meaning rate levels to remain in the Pacific had come under a little pressure, although so far this remained very positional. Some improved activity out of South Africa on coal shipments bought some solace to the post Panamax market.
Supramax/Ultramax
A more positive feel in the market during the week with the Asian arena seeing better demand, but it remains to be seen if this will continue with widespread holidays coming up. No period activity surfaced, with a wide spread between owners’ and charterers’ expectations. From the Atlantic, east coast South America remained fairly flat with a 63,000-dwt fixing a trip to Singapore-Japan at $11,500 plus $150,000 ballast bonus. The east Mediterranean spiked a little with a 58,000-dwt fixing a trip delivery Canakkale via Black Sea to China at $13,500 – albeit for a fairly quick trip. From Asia, stronger numbers – a 55,000-dwt was fixed from Indonesia to China in the mid $6,000s, and an Ultramax open south China fixed a round voyage with nickel ore at $7,000. From the Indian Ocean, a 55000-dwt fixed basis delivery Richards Bay trip to south east Asia at $7,500 plus $75,000 ballast bonus.
Handysize
The market saw a ray of hope for ships trading from the east coast South America this week, with more activity reported from the region. The draft in the Upriver area stopped decreasing however the tonnage list was still described as long. There was talk of some mid/large Handysize vessels fixing since early/mid of the week from south Brazil to Morocco/Continent direction in the $5,000s, which brokers considered as an improvement.
A grain house fixed a large Handysize from Paranagua for a transatlantic trip at a rate in the mid $4,000s. Meanwhile the pressure remained in the Continent / Mediterranean and US Gulf with tonnage building up. A 34,000-dwt was fixed from the US Gulf for a trip to Morocco at $4,000. In the Pacific, little demand from the Far East continued but more stems were reportedly seen from Australia. A 28,000-dwt open north China was fixed at $2,000 basis CIS for a short round trip.
Source: The Baltic Briefing
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Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
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Showing 106 to 110 news of total 6871 |
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- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Planning Commission, India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
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