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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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Showing 131 to 135 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- MS Steel International - UAE
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
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