We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 07 November 16
HANDYSIZE: THE ASIAN INDICES RECORDED A GRADUAL DROP EVERY DAY - THE BALTIC BRIEFING
Capesize
A rumour-fuelled market this week but essentially rates a touch firmer and owners cautiously optimistic. The flotilla of vessels heading to Brazil appeared to have thinned and some higher rates emerging as the week closed out. After failing at $10.75 for a November and a December cargo from Tubarao to Qingdao, Panocean booked tonnage for 20-30 November at $11.25.
BTG fixed a 10-20 December 160,000 tonne 10% cargo from Itaguai to Qingdao at $11.55. A well-described 179,000 tonner fixed from Flushing via Baltimore to India at $18,000 daily. Transatlantic trading was limited with rates for Puerto Bolivar to Rotterdam hovering around the mid $6.00s.
In the East, West Australia/China rates slipped under $5.00 at the beginning of the week and then recovered as the week closed out to $5.50. Time charter trading was slow although there were ships here booked for Brazil rounds with a 10 year old 171,000 tonner fixed from CJK at $10,500 daily.
Period activity included a report that a 175,000 tonner 2011 built fixed for CJK delivery for 12 months trading at $8,000 daily or the low $8,000s.
Panamax
It was a cautious end to the week with the slowdown in activity impacting on the Atlantic market generally. Rates slipped with news that a major grain house secured a 2010 built kamsarmax from the US Gulf for 14-15 November dates for the run east at $10,900 daily plus a $285,000 bonus. Further north, tonnage remained tight but there were fewer short haul cargoes, but there remained transatlantic interest from the US/Canadian east coast. An 83,000 tonner spot Amsterdam was rumoured fixed with redelivery Gibraltar with grain at $11,000 daily.
In the East, rates topped out and slipped as the week closed out. Demand was healthy but the tonnage list continued to grow as more arrived from the US and east coast South America with grain cargoes. Owners were increasingly wanting period cover for the rest of the year and the uncertain first quarter. Round voyage rates for average panamaxes slipped under $7,000 daily but the more eco kamsarmaxes saw $8,000 daily for NoPac rounds, but one booked at that rate has since failed. Period rates for kamsarmaxes for the longer duration up to 11 months or so were hovering around $7,000 daily.
Supramax
A well-attended Eisbein festival this week resulted in a slow end. Period information was hard to find but a Tess 52 was fixed on subjects basis delivery Persian Gulf for two to four months at $6,750 daily while the same size open in South Korea was said to have accepted $6,250 for short period with a few other negotiations on going.
A 63,000 dwt was linked to a Setubal to West Africa run at $11,500 daily and a 53,000 toner fixed delivery Gibraltar via Spain to West Africa at $13,000 daily.
The CMB Coralie 53,463 dwt concluded a trip delivery El Dekheila to Bangladesh with grains at $10,750 daily.
This week the US Gulf to Skaw-Passero took over the front haul rates. One ultramax of 63,233 dwt fixed at $14,100 daily delivery US Gulf for a trip redelivery SE Asia while a 58,000 tonner secured $15,000 daily with a petcoke cargo to Skaw-Passero.
Brokers reported a 56,000 dwt built 2006 was covered delivery Recalada for a trip to the Persian Gulf at $10,000 daily plus a $100,000 ballast bonus. A transatlantic trip into the Baltic from the River Plate was fixed at $8,750 daily with a 55,442 dwt vessel.
Asia reported a number of fixtures but all tending to be less than last done. The Bao Resource 2011 built 56,582 dwt fixed delivery CJK trip redelivery Yangon at $5,500 daily. There was talk of 53,000 tonners fixing from South Kalimantan to Thailand at $6,700 daily and to China at $6,250 plus a bonus of $15,000.
The Santa Virginia 2014 built 61,271 dwt open Chittagong fixed $5,000 dop for a trip via east coast India to China. Sources revealed today a 60,000 dwt vessel was on subjects delivery Prai for an Australian round voyage at about $6,300 daily. Back haul was paying $4,000 daily with a Tess 58 agreeing this basis delivery CJK for a trip via Japan to West Africa. Other smaller vessels were reported as achieving about $3,500 daily for similar business.
Handysize
The Asian indices recorded a gradual drop every day this week and brokers said ships have started to build up. The US Gulf sector has fared the best with rates improving, probably on the back of the increased volume for the supramax sizes. After its recent success there has been a drop this week for deliveries east coast South America.
The Continent to Mediterranean run continued to pay rates around the mid $7,000s. The Crimson Majesty 2013 built 38,058 dwt was linked to a trip the East at about $11,000 daily with delivery Continent. A vessel fixed this week from the Black Sea to the US Gulf this week around $7,500 daily. Sources advised the KBS Star 2007 built 30,548 dwt fixed delivery Nemrut Bay for a trip via the Black Sea to the Adriatic at $8,250 daily. It was revealed that a 33,000 tonner was fixed delivery US Gulf for a trip to Continent at $8,000 daily with handysizes US Gulf to west coast Central America now seeing at least $12,500 daily. The Interlink Fidelity 38,800 dwt 2015-built concluded a trip delivery Houston to Morocco at $8,500 daily with Cargill. Unconfirmed reports emerged of a 34,000 dwt booked delivery Houston trip to South Africa at $9,000 daily.
In Asia brokers advised the Daiwan Brave 2014 built 34,358 dwt secured $6,300 daily basis delivery Fangcheng prompt dates for a trip via New Zealand with redelivery China.
Source: The Baltic Briefing
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
|
|
|
Showing 2276 to 2280 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
|
| |
| |
|
