We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
|
|
|
Showing 146 to 150 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
|
| |
| |
|
