We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 29 June 20
ULTRAMAX: A 58,000 FIXING DELIVERY SINGAPORE TRIP, VIA EAST COAST INDIA, REDELIVERY CHINA IN THE LOW $12,000S - BALTIC BRIEFING
 Capesize
As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a barrage of negative factors, the capesize 5TC market has outperformed in spectacular fashion to now reside at $29,641 said Baltic Briefing in its ;attest weekly report.
According to Baltic Briefing, breaking for a pause early on in the week, the market renewed conviction mid-week to push higher on the back of the tight tonnage supply in the Atlantic. This is often the case after periods of prolonged weak fundamentals. Vessels are now being seen changing hands in healthy trading, while iron ore pricing continues to support cargoes coming to market. The Brazil to China C3 is now trading often north of $20 as Vale has been active throughout the week amongst other traders. News of a lessening of the east Australian quarantine measures is a heartening sign that some regions have been able to tackle their Covid-19 issues. The west Australia to China C5 lifted early in the week, before flattening off to now price at $9.723.
Panamax
Commenting on Panamax, Baltic Briefing noted that, the activity appeared a lot more passive this week, which was largely attributed to charterers taking stock of their books. This, coupled with owners’ reluctance to reduce their offers, resulted in an inevitable standoff during the first half of the week. However, in the north Atlantic, solid demand for both trans-Atlantic and front haul trips saw rates continue to rise with $13,000 agreed for an 82,000dwt delivery this side for an Atlantic round trip.
In Asia, Baltic Briefing says, trading was somewhat curtailed by Chinese holidays. But with a fresh batch of cargo flow, ex Indonesia parallel to a steady flow ex Australia and NoPac, rates for Pacific rounds averaged out in the upper $9,000’s. Meanwhile, a very nice spec kamsarmax achieved low $11,000’s delivery Japan for a NoPac round trip. Period activity was negligible this week with significant falls on the FFA market.
Supramax/Ultramax
A mixed week for the BSI, whilst overall the index remained in positive territory. With Asian holidays taking place, the routes within this area lost ground.
According to Baltic Briefing, period activity remained buoyant with a 63,000 open US east coast fixing three to five months trading redelivery Atlantic at $12,000 – and a 57,000 open Indian Ocean fixing five to seven months trading at $12,500. From the Atlantic, sentiment remained strong with tight tonnage supply in many areas. A 63,000 being fixed delivery Mediterranean for a trip via the Baltic redelivery east coast India at around $13,500. From the US Gulf, ultramaxes were seeing in the $17,000’s for trips to the east.
The Indian Ocean according to Baltic Briefing, remained firm with a 58,000 fixing delivery Singapore trip, via east coast India, redelivery China in the low $12,000s. Asia remained a little more subdued, with a 55,000 fixing two to three laden legs delivery CJK in the mid $8,000s. Market direction next week will prove interesting.
Handysize
Brokers remained cautiously optimistic looking forward into next week, with another positive week for BHSI routes. The market pushed further in the US Gulf, whilst charterers continued paying up. There was a fair amount of volume moving in east coast South America but slightly slowed down towards the weekend. Both HS3 route from east coast South America and HS4 route from the US Gulf have been climbing consecutively over a month, with an overall gain over $2,000 respectively.
A 37,000-dwt Baltic Briefing said, was fixed from Rio Grande for a trip to the Continent at mid $9,000s. A 37,000-dwt open Ilheus was fixed for a grain trip to the Black Sea at $9,500, whilst a 37,000-dwt delivery in the Baltic was fixed for a trip with coal to north Spain at $7,500. In the East, the positive trend also resumed with a 28,000-dwt open CJK fixing for a trip via South Korea to Singapore at $7,500.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...
Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
|
|
|
Showing 866 to 870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
|
| |
| |
|
