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Sunday, 07 June 20
A SCRUBBER FITTED 61,000 ULTRAMAX WAS FIXED DELIVERY PHILIPPINES TRIP VIA SOUTH AFRICA REDELIVERY VIETNAM AT $9,500 - BALTIC BRIEFING
 Capesize
The small flicker of hope at the beginning of this week has kindled a small fire under the Capesize market. At a paltry $3369 from the beginning of the week, the Capesize 5TC has lifted to $7307 with momentum continuing to build. Led by strong iron ore demand, the fronthaul long ton mile business has heeded the call. The transatlantic business, in contrast, continues to severely lag other regions, giving a strong indication of the continuing weak industrial output owing to Covid-19. The transatlantic C8 closed the week up +875 to $4075 with some suggesting that level to be quite generous considering the serious lack of business. The Pacific basin – and in particular iron ore from Western Australia to China – had strong activity for the second half of this week catching some by surprise. The C5 West Australia to Qingdao opened the week at $4.123 to close at $5.473. Fuel price increase had its part to play this week, lifting voyage prices. But once momentum had built, rates quickly outpaced.
Panamax
A better week all round, with the timecharter average climbing $345 on the week to Thursday. This was driven predominantly by both the US Gulf, and EC South American fronthaul markets, with P2A gaining $759 on the week to Thursday, whilst the underlying voyage routes both posted gains of $1.06, and $0.76 respectively. In the latter stages of the week, Kamsarmaxes were earning in the region of $12,750 plus $275,000 ballast bonus for an EC South America fronthaul. The Caravos Triumph (81,664 2012) reported fixed to Bunge basis mid-June dates, being a fair representation. Meanwhile, from the US Gulf, the Twinkle Island (82,265 2012) was reportedly fixed to Norden basis delivery Immingham prompt dates, in the region of $12,500. The period market also witnessed a little activity in the Pacific, with both the KM Shanghai (80,529 2014), and KM Keelung (82,072 2010) reportedly having taken cover for 6-9 months at $9,750 – consistent with the FFA market.
Supramax/Ultramax
BSI started in negative mode – but as it ended this trend reversed. Period activity, however, remained limited as both sides watched developments. The Atlantic saw increased activity from key areas such as east coast south America and the US Gulf. A 63,000-dwt was fixed delivery Recalada trip to west coast south America at $13,000. From the Mediterranean, a 62,000-dwt was fixed delivery Izmir trip to west Africa in the low $7,000s. With demand for tonnage strong from the Indian Ocean, rates pushed further. A scrubber fitted 61,000 was fixed delivery Philippines trip via South Africa redelivery Vietnam at $9,500. Further east demand remained a 56,000-dwt fixing delivery Kosichang for a trip via Malaysia, redelivery south China, in the mid $8,000s and a 57.000-dwt open Dalian fixed a trip via Philippines redelivery China with nickel ore in the low $7,000s. All eyes are focused on the upcoming week to see if these trends are sustained.
Handysize
Despite being low compared with the same period last year, the BHSI has been consistently improving since mid May. The US Gulf route HS4 proved the exception, finally showing the first sign of improvement since end March. But the market still saw limited cargo from the Gulf, with a long tonnage list. There was talk of better rates from the Continent, but the same trait was not noticed for vessels open in the Mediterranean. In the East, the market further strengthened with a shortage of vessel supply in south east Asia. Stems from Australia and steels from east coast India lent support and pushed rates higher. A 39,000-dwt was fixed basis Rouen delivery for a trip to east Mediterranean at $4,750. Mid-sized Handysizes were fixed in the $4,000s from north China for a CIS round voyage or similar level from south China for a northbound trip.
Source: The Baltic Briefing
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Tuesday, 07 April 20
COAL INDIA'S DISPATCHES DROP, OUTPUT INCREASES - THE HINDU
India’s largest coal producer Coal India Ltd. (CIL) has seen a 10% fall in dispatches in March 2020 due to a sharp fall in demand from the po ...
Tuesday, 07 April 20
CORONAVIRUS AND LOCKDOWNS DRAG DOWN THE INDONESIAN COAL PRICE REFERENCE IN APRIL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of the Indonesian ther ...
Monday, 06 April 20
A 52,000DWT SHIP FIXING DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY TAIWAN, AT $3,100 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Monday, 06 April 20
INDIA'S 21-DAY LOCKDOWN - IMPACT ON COMMODITIES? - WOOD MACKENZIE
India is under a three-week lockdown from 25 March, to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this me ...
Friday, 03 April 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
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Showing 1026 to 1030 news of total 6871 |
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- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- The University of Queensland
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- PTC India Limited - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Deloitte Consulting - India
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