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Monday, 13 July 20
PANAMAX: A TUMULTUOUS WEEK IN THE PANAMAX MARKET ENSURED ALL MARKETS GAINED VALUE ON THE WEEK - BALTIC BRIEFING
 Capesize
This week witnessed the dreaded correction in the Capesize market, with the time charter average shedding almost 18 per cent to close the week at $27,644. But in recent context, this cannot be considered as anything other than healthy, said Baltic Briefing in its latest report .
The Baltic Briefing further noted that, the Pacific round – and the backhaul – proved to be the biggest drivers. Both lost approximately 25 per cent on the week, although all routes posted losses – including the crucial Brazil round and north Atlantic fronthaul, which dropped 19 per cent and 13 per cent respectively on the week. Polling day in Singapore on Friday brought the week to an abrupt end, but Vale were said to be active on Thursday, being linked with a weaker C3 fixture at $18.50 basis a mid-August laycan. Nevertheless, broad sentiment remains strong. Several brokers indicated that the market had merely plateaued and was set for a renewed push next week, citing the iron ore forward curve as a pointer to China’s seemingly insatiable appetite for the material.
Panamax
According to the Baltic Briefing, a tumultuous week in the Panamax market ensured all markets gained value on the week. The Atlantic, which was the largest mover, saw rates attaining close to $3,000 overall. This was an improvement on the start of the week, with front-haul rates commanding large premiums to entice owners to consider same in consideration of losing their advantageous position for trans-Atlantic trips paying akin to $17,000. Shorter Baltic round trips were regularly fixed at $20,000 plus, whilst strong demand ex Black sea continued.
The Baltic Briefing said, charterers in one case reported placing tonnage delivery India for the same. In Asia, some genuine concerns now appear real, with new crew regulations enforced by the Australian Maritime Safety Authorities contributing to premium numbers paid to the few candidates able and confident enough to comply. But good all round demand this week has seen decent activity in the basin with circa $12,000 returning as average rates for the Kamsarmax fleet for vanilla P3A pacific rounds.
Supramax/Ultramax
BSI maintained its positive moves gaining 127 points over the week. With a lack of prompt tonnage in the Atlantic, some stronger numbers were being paid from key areas on the Ultramax vessels. From Asia the week was more staggered with less pressure from the Indian Ocean rates eased across the region.
Period activity was limited, but the Baltic Briefing said, a 63,000-dwt open far east end of August was failed for 11-13 months trading in the mid $10,000s. From east coast south America, ultraxmax vessels gained a 63,000 with eta on the coast end July was fixed in the upper $14,000s plus upper $400,000s ballast bonus. The US Gulf also saw increases and a ultramax was fixed at $18,000 for a trans Atlantic run. A short week with the holiday in Singapore on Friday slowed trading down. However, a 58,000 was reported fixed delivery South Korea for a NoPac rounds at $9,000. Elsewhere a 63,000-dwt was fixed delivery Arabian Gulf via Pakistan redelivery Bangladesh at $16,500.
Handysize
Commenting on Handy size sector, the Baltic Briefing says, the US Gulf market moved quickly this week, with decent volumes emerging – especially pet coke. Together with east coast South America, rates continued climbing which pushed the BHSI to a higher level. However, there was a bit of a division between the two basins.
Atlantic routes further improved throughout the week, but the Pacific remained slow. Brokers suggested a wider spread between owners and charterers particularly for Far East delivery vessels. Prompt tonnage supply in the East still appeared to be excessive with limited activity. On the period front this week, a 30,000-dwt open in the Continent was fixed for three to five months at $7,000. For single trip out of the US Gulf area, large Handy vessels were fixed to Brazil with clean cargo between mid $6,000s to mid $7,000s. A transatlantic run paid $9,600 for moving petcoke on an eco and well-described vessel. In the East, a 32,000-dwt delivery Vizag was fixed for a trip to Southeast Asia at $11,050.
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Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
Friday, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
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Showing 941 to 945 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
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