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Sunday, 24 May 20
A 63,000 FIXED DELIVERY VIETNAM TRIP VIA INDONESIA REDELIVERY KOSICHANG AT $8,500 - BALTIC BRIEFING
Capesize
After a week of bounce momentum the market appears to have stalled out once again. The Capesize 5TC has more than doubled since last Friday and is now pricing at $4140 on the back of owners baulking at recent unreasonable lows. Atlantic routes, mainly fronthaul (C9) and Brazil to China (C3), have shown surprising resilience lifting in spite of dreadful fundamentals. A small boost of cargo has helped to keep the fronthaul route ticking over settling the week up +495 to $14730. The transatlantic trade has not shown any significant improvement with talk of force majeure now being banded around out of Colombia. Bunkers rates were seen to strengthen significantly this week assisting the bounce, as most routes had little fat left to absorb an increase in costs. The C5, being very sensitive to bunker levels, increased from $3.941 on Friday to a high of $4.782 before being down today to $4.541.
Panamax
The Atlantic Panamax market this week yielded little joy for owners, despite improved fixing activity during the second half of the week. Pure tonnage count far outweighed demand in the North resulting in easier rates, meanwhile out of South America the market here was slow to get started this week with wide bid/offer spreads. This appeared to level off by mid-week, with better sentiment for second half June arrival dates. Typically, for an 82,000dwt, the mean rate pitched at $11,500+$150,000 ballast bonus. By contrast, in Asia, the market here fared better and started strongly with healthy demand seen particularly from Indonesia and the NoPac. Mineral from Australia joining the party as the week drew to a close, NoPac and Australian rounds regularly featured around the $7,000 mark and with support emanating from ECSA there was an improved – albeit small – amount of optimism in the pacific basin.
Supramax/Ultramax
Overall a positive week for BSI despite widespread holidays. Period activity came back into the arena with a 63,000-dwt open Philippines fixing at $8,500 for 6-9 months trading. The Atlantic started the week on a sideways trend. But as the week progressed many said a more positive feel was appearing in many areas except from the US Gulf, which lacked fresh enquiry. From the Mediterranean, a 56,000 was fixed delivery Turkey for a grain’s run to China at $12,000. The Indian Ocean remained firm with strong demand for vessels an Ultramax fixing delivery east coast India for a trip to China at $9,000 plus $150,000 bonus – and a 56,000 covering a trip delivery Singapore via east coast India redelivery China in the low $9,000s. Further east a 63,000 fixed delivery Vietnam trip via Indonesia redelivery Kosichang at $8,500. Whilst a 56,000-dwt fixed delivery Singapore trip via Indonesia to China in the mid-low $7,000s.
Handysize
The BHSI continued to improve in the positive territory this week. Limited activity reported from the US Gulf, Continent and Mediterranean – but east coast South America showed firming signs throughout the week with tick more cargoes out in the region. There was also talk that all foreign-flagged dry bulk vessels arriving at Recalada pilot station area will have to comply with a 14 day quarantine period. It was not clear how the new restriction would be implemented, but ballasters were certainly discussing higher numbers with the charterers. A 28,000-dwt was fixed from Recalada for a trip to east Mediterranean at $6,000 and a 35,000-dwt open Alexandria 28 May was fixed for a trip to the US Gulf at $4,000 for the first 40 days and $6,000 thereafter. In the east, positive sentiment lended support with the Pacific routes indices further climbing. A 32,000-dwt was fixed from north Vietnam for a clinker trip to China at $4,000.
Source: The Baltic Briefing
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Monday, 18 May 20
THERMAL COAL SPOT PRICE TUMBLES 25 PER CENT, PUTTING PRESSURE ON SOME PRODUCERS - ABC RURAL
The spot price for thermal coal has fallen 25 per cent per cent in the past month with one leading analyst saying it is because of a reduction in d ...
Monday, 18 May 20
CHINA'S COAL OUTPUT UP 1.3 PCT IN JANUARY-APRIL: XINHUA
Output of raw coal in China rose 1.3 percent year on year to 1.15 billion tonnes in the first four months this year, official data showed.
&nbs ...
Sunday, 17 May 20
A 55,000 OPEN ILIGAN FIXING AT $6,500 VIA INDONESIA REDELIVERY INDIA - BALTIC BRIEFING
Capesize
A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per cent in value. A small rebound at the end of the ...
Friday, 15 May 20
CHINA'S COAL CONSUMPTION TO FALL Y/Y IN SECOND QUARTER, IMPROVEMENT EXPECTED IN SECOND HALF - INDUSTRY BODY: REUTERS
China’s coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second half of ...
Thursday, 14 May 20
OPEC REVISES DOWN GLOBAL OIL DEMAND FORECAST AGAIN
Crude Oil Price Movements
Crude oil prices recorded a second sharp monthly drop in April, amid an increasing oil surplus in the spot market. Th ...
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Showing 961 to 965 news of total 6871 |
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- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- PTC India Limited - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Planning Commission, India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
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