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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 no particular improvement in fundamentals – and a relatively quiet fixing week – owners may have shown enough collective resilience to have turned the tide the Baltic briefing reported in its least weekly report. A backwardated forward curve illustrating a capesize 5TC spot level from today of $25,085, down to Q4 at $17-18k, gives an indication of market confidence. This lack of confidence may be offset as the recent rally has been driven in part by positional tightness, which is sure to continue in this unique 2020 year.
According to Baltic Briefing, mnimal tonnage remains in the Atlantic making it prone to spiking. But a lack of West Africa cargo due to the rainy season is helping to relieve any pressure that may build. The Atlantic basin has widened its premium over the Pacific to a difference of +$9532. The West Australia to Qingdao C5 shed more than 80 cents to settle end of week at $8.132. The Brazil to China C3 encountered similar pressure dropping 79 cents to post at $18.295.
Panamax
Commenting on Panamax sector, Baltic Briefing says, a muted week in the panamax market with rates easing in all areas as the week progressed. A vast difference of opinion built up on where the true values sat and consequently the bid/offer spread widened with fixing volumes down on the week. In the Atlantic, with reduced activity out of EC South America and longer duration trans-Atlantic business lacking, the short Baltic and Kamsar round trips appeared popular with some to take cover. Rates for Baltic rounds, according to Baltic Briefing , at the beginning of the week marked at $20,000 pegged back closer to $16/15,000 by end week. Despite less salvation from EC South America and weaker FFA values, there was less of a decline in rates out of Asia. However, easier rates were certainly concluded over the week – including an 82,000dwt delivery China fixing at $12,500 for a NoPac round trip. The rate on Friday was more akin to $11,500 for the same.
Supramax/Ultramax
Positive movement for the BSI again during the week. But as it ended, sentiment wavered from areas such as the US Gulf and east Mediterranean with limited fresh activity. The Baltic Briefing says, period activity was limited, but a 62,000-dwt newbuilding scrubber fitted was fixed for five to eight months trading at $13,000. From the Atlantic, a 62,000-dwt was fixed delivery Recalada for a trans-Atlantic in the mid $17,000s. Further north, a 61,000-dwt was reported fixed from the US Gulf for a petcoke run via India redelivery Durban at $20,000. The Continent was patchy, but a 61,000-dwt fixed a scrap run to the east Mediterranean at around $16,000. From Asia gains were made. A 63,000 open north China fixing an Australian round in the low $10,000s. Elsewhere, a 56,000-dwt fixed from south east Asia via Indonesia redelivery east coast India in the mid $8,000s. The Indian Ocean lacked fresh impetus but a 58,000-dfwt fixed from the Arabian Gulf to Bangladesh at $16,000.
Handysize
There was talk of higher numbers from the Continent and Mediterranean, with more activity reported in the second half of the week. Mediterranean the HS3 route from east coast South America climbed over $12,000 this week and is now at the highest point of the year. The US Gulf market continued the trend from last week and remained firm, but the Pacific showed more signs of slowing down with little gossip emerged. A 37,000-dwt delivery US east coast was fixed for moving petcoke to east coast Mexico at $12,500 and a 38,000-dwt did a similar run at $15,000 basis Southwest Pass delivery. A 37,000-dwt was booked for moving steels via the Black Sea to Egyptian Mediterranean at $7,250 basis Canakkale delivery. A 38,000-dwt open in east Mediterranean was fixed for a trip to india at $17,500.
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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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Showing 56 to 60 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Australian Coal Association
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
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