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Monday, 01 February 21
A 56,000-DWT OPEN MANILA WAS FIXED FOR A TRIP VIA INDONESIA REDELIVERY CHINA AT $11,500 - THE BALTIC BRIEFING
Capesize
The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. Dropping -8,956 over the course of the week the Capesize 5TC settled at $15,675. The Atlantic Basin routes were the big movers with the Transatlantic C8, in particular, coming under fire. It posted down to $23,250 as a lack of cargo took its toll. The Pacific Basin, with an abundance of cargo to go along with available vessels, allowed charterers to continually apply downward pressure with the West Australia to Qingdao C5 dropping -1.728 by weeks end to $6.145. While the market did post down on the last day of the week, there was scattered chatter that the market had bottomed in some regions as the ballaster routes lit up green amongst an otherwise sea of red. This time of the year is usually a seasonal low period for Capesize. However, the market continues to surprise as rates remain elevated. Some would say this bodes well for the remainder of the year.
Panamax
An interesting week in the Panamax market with widely differing opinions of the market in the Atlantic. Activity in Asia started slowly and diminished as the week went on with spot rates coming under pressure. A $13,250 figure was achieved early in the week for a NoPac round trip. However, these levels slowly eroded as both appetite and activity curtailed. News of ships waiting off China with thermal coal being given permission to discharge began to seep through. But this conceivably will only add to tonnage count in the area, potentially further increasing pressure here. In the Atlantic, it also began the week slowly with varying degrees of rates being concluded. It was largely positional in the North with solid support for breaching and ice breaking trades. Further south from EC South America, there was sporadic trading for much of the week. But it appeared to come alive on Thursday with some well-supported fixtures concluded for first half March arrival dates.
Ultramax/Supramax
Another positive week for the sector with demand keeping pace with supply in most areas. Period activity was abundant. A 56,000-dwt sizes open in the Indian Ocean seeing $14,000 for three to five months, whilst a 58,000-dwt open China fixed at $11,500 for one year. Atlantic rates remained healthy. A 56,000-dwt fixing from Norway via the Baltic to the Black Sea in the $16,000s and a 57,000-dwt fixing in the low $20,00s for a trip from central Mediterranean via the Black Sea to China. South America remained active, however, information was limited. The Asian arena seemed to have peaked as the week ended. The Ultramax size was fixing in the mid $12,000s for NoPac round voyages. From south east Asia, a 56,000-dwt open Manila was fixed for a trip via Indonesia redelivery China at $11,500. Demand remained from the Indian Ocean. A 63,000-dwt fixing a trip from west coast India to China in the low $19,000s.
Handysize
The consistent uprising recorded a new high in the Handy sector this week. The BHSI climbed higher up to double the figure published in the same period last year. Throughout the month, the activity level was surged in the Atlantic by Turkish imports of scrap cargoes. Other orders from the Continent also lent further support – especially with end January dates. Both east coast South America and the US Gulf remained, whilst the rates moved sharply higher towards the weekend in the East with all three Pacific routes now being above $10,000. A 37,000-dwt delivery in Southwest Pass was fixed for a trip to Algeria at $16,000 in the middle of the week. A 33,000-dwt open east Mediterranean was fixed for a trip via the Black Sea to west Mediterranean at $17,250. In the Pacific, a 36,000-dwt open east coast Australia was traded and failed on subjects at approximately $20,000s level for a trip back to Southeast Asia.
Source: The Baltic Briefing
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Thursday, 20 August 20
MINER BHP CONFIRMS PLANS TO EXIT THERMAL COAL SECTOR - THE SYDNEY MORNING HERALD
The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some cokin ...
Thursday, 20 August 20
LONDON RETAINS ARBITER CROWN - BALTIC EXCHANGE | HFW
Fears that the UK’s decision to leave the European Union would dent the reputation of the nation’s capital as the leader in maritime ar ...
Wednesday, 19 August 20
U.S. COAL STOCKPILES STEADILY INCREASE AFTER REACHING LOWEST LEVEL IN A DECADE IN 2019 - EIA
After reaching their lowest level in more than a decade in March 2019, U.S. coal stockpiles steadily increased to 152 million tons in April 2020, r ...
Wednesday, 19 August 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.26 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.92 points Monday, down 0.26 percent week on week.
The index, released by Chi ...
Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
...
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- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
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