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Monday, 25 January 21
ULTRAMAX YET ANOTHER POSITIVE WEEK FOR THE SECTOR, WHICH SAW INCREASED DEMAND ACROSS ALL BASINS - BALTIC BRIEFING
Capesize
The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down -884 to $24,631. This was a positive difference of $733 to the beginning of the week. The market was not without plenty of activity as the Atlantic Basin continues to maintain a strong positive sentiment with the Transatlantic C8 sitting at $36,425 against the Transpacific C10 at $17,133. Hampering logistics efforts in the Pacific had Cyclone Lucas kicked off the cyclone season in the North-West Australia region. The West Australia to China C5 had a decline in value this week of 0.941 to settle at $7.873. The activity out of Brazil has been tense with a standoff between charterers and owners breaking now slightly to the downside. The Brazil to China C3 now trades at $19.245. Period activity has been ticking over at a healthy level as the strong case for this year continues to hold.
Panamax
The week began sedately across the board with markets attempting to find direction. Downward pressure came initially from falling FFA values and a lack of demand early in the week forcing some cheaper levels to be conceded by owners. In the North Atlantic, trades involving breaching INL and forcing ice commanded premium numbers. And with continued tonnage tightness in the north, rates held firm for large parts. Asia trading ticked over with rates relatively steady all week. But all the talk midweek was focused on South America with a very active couple of days. Wednesday – and particularly Thursday – with talk of in excess of 20 ships placed from the market, as the market protagonists booked cover for end February/early March arrival dates at loadport. Period activity included an 82,000-dwt delivery China for five to eight months at $14,000 and an 82,000-dwt delivery North China agreeing $13,500 for 12 months employment.
Ultramax/Supramax
Yet another positive week for the sector, which saw increased demand across all basins. Increasingly, charterers are seeking period cover. A 58,000-dwt open China fixing at around $13,000 for six to nine months trading and an Ultramax size scrubber fitted fixing in the $14,000s. From the Atlantic, east coast South America remained active a 58,000-dwt covering a trip to Bangladesh at $15,000 plus $500,000. Continent – Mediterranean areas also remained firm with Ultra’s seeing in the mid $13,000s for trips to South America. From Asia again the market remained firm. A 61,000-dwt open Japan fixing at $13,000 for a north Pacific round voyage and a 56,000-dwt open north China fixing a trip to south east Asia at $9,250. The Indian Ocean saw increased activity with a 58,000-dwt fixing a trip from South Africa to China at $13,500 plus $350,000 ballast bonus. Meanwhile, a 53,000-dwt fixed a trip delivery west coast India via Arabian Gulf redelivery Bangladesh at $14,000.
Handysize
Both the overall index and the time charter average landed in positive territory this week. Key markets in the Atlantic gradually improved throughout the week. Trading became more active since midweek including some period deals concluded. From east coast South America, a 34,000-dwt and a 38,000-dwt both delivery Santos were fixed for a trip to Morocco at $13,500 and $14,250 respectively. A 38,000-dwt open in the US Gulf was fixed for moving petcoke to the Mediterranean in the $17,000s after she was failed on subjects for a trip to Algeria at $17,500 early of the week. Meanwhile, rates also climbed further in the Pacific as expected. Brokers suggested the tonnage count declined, especially in the Far East, whilst bad weather continued causing delays. A 33,000-dwt delivery Japan was fixed for a NoPac grain trip to South Korea at $10,500.
Source: The Baltic Briefing
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Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
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- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
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