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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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Friday, 14 August 20
EIA: COAL PLANTS UNECONOMICAL IN MOST REGIONS - IEEFA
U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables ...
Thursday, 13 August 20
INDIA SHOULD RECORD A SLIGHT DECREASE IN THERMAL COAL IMPORTS, REACHING A VOLUME OF 167 MILLION TONS BY THE END OF 2020 - ASSOCARBONI
Regarding 2020 thermal coal imports forecasts, Vietnam’s coal imports showed a very strong growth in the first half of 2020 and it is believe ...
Thursday, 13 August 20
INDONESIA REMAINS THE LARGEST EXPORTER OF COAL IN THE WORLD - ASSOCARBONI
According to the last Assocarboni data for 2019, Indonesia remains the largest exporter in the world. Thermal coal exports have in fact reached 456 ...
Wednesday, 12 August 20
VIETNAM WAS THE PROTAGONIST OF A SIGNIFICANT INCREASE IN COAL IMPORTS IN 2019 - ASSOCARBONI
The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.
According to Assocarbon ...
Wednesday, 12 August 20
THE COAL MARKET IN ITALY - ASSOCARBONI
Italy, which in 2019 reported a decrease in thermal coal imports, with a volume of 7,5 million tons (-32% compared to 11 million tons in 2018), whi ...
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- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Posco Energy - South Korea
- The University of Queensland
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Minerals Council of Australia
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
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