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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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Friday, 24 April 20
CHINA COAL PRODUCER YANZHOU COAL POSTS 9.6 PCT RISE IN 2019 NET PROFIT - XINHUA
China’s major coal producer Yanzhou Coal Mining Co., Ltd. said Thursday that its net profit saw a 9.6 percent rise in 2019.
Th ...
Tuesday, 21 April 20
INDONESIA ACCOUNTS FOR 19% OF JAPAN'S TOTAL COAL IMPORTS - BANCHERO COSTA
Coal trade in Asia is proving remarkably resilient this year, despite the global economic impact from COVID-19.
We have seen China&r ...
Tuesday, 21 April 20
COVID-19: CHARTERPARTY MATTERS FOR SHIPOWNERS - SKULD
KNOWLEDGE TO ELEVATE
Whilst the plight of cruise ships, stranded off shore with sick passengers and crew, may be dominating media headlines, t ...
Monday, 20 April 20
SUPRAMAX: A 52,000DWT SHIP FIXING AN INDONESIA COAL RUN TO CHINA AT $4400 - BALTIC BRIEFING
Capesize
This week was the strongest period seen for the Capesize market in several months. All routes globally succumbed to improved sentiment ...
Friday, 17 April 20
PANDEMIC TO BRING ASIA'S 2020 GROWTH TO HALT FOR 1ST TIME IN 60 YEARS - IMF: REUTERS
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented ...
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- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- The University of Queensland
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
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