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Monday, 26 June 17
PANAMAX/KAMARMAXES HAD A STRONG WEEK WITH RATES RISING IN MOST AREAS OF THE MARKET - BALTICEXCHANGE
 Capesize
A dark cloud appeared to have descended over the market for the big ships with rates continuing to slide in all areas. There was a report today that POSCO awarded a tender to Five Ocean to move a 20 July-3 August from Port Cartier to Pohang at a very low $12.85. There too was a rumour that Vale booked July tonnage for a cargo from Tubarao to Qingdao at $10.50 but details were not confirmed while a South Korean charterer allegedly paid $11.25 for a second half July cargo on this run.
In the east, the West Australia/China rate was hit hard with talk today of Rio Tinto booking a 9 July onwards cargo from Dampier to Qingdao at $4.65 registering a drop of 55 cents in a week. Timecharter rates too were sharply lower with eco ships barely fixing at rates in the $7,000s daily range.
Panamax
In contrast, panamax/kamarmaxes had a strong week with rates rising in most areas of the market and South America once again playing a pivotal role. North Atlantic rates were also strong with talk today of a 2015-built 77,119-dwt vessel fixing from Gibraltar spot for a trip via Kamsar to China at a sharply higher $19,000 daily although quick duration. The focus on round voyages in the north has been largely short haul cargoes from the Baltic to the Continent or Mediterranean with rates hitting $11,500 daily while grain charterers paid stronger numbers for cargoes from east coast South America to the Continent with a Kamsarmax fixing from Recalada to Skaw-Gibraltar at $14,000 daily. There were more charterers now prepared delivery for ships coming from the east or the Indian Ocean area for east coast South America/Singapore-Japan runs as aps rates continued to rise. A 2006-built 76,000 tonner fixed for 3 July onwards from east coast South America to the east at $11,000 daily plus a $575,000 bonus. A similar ship 2008-built was booked from Kandla for a trip via east coast South America to the east at $10,250 daily.
The pace quickened for NoPac cargoes as the week drew to a close with Louis Dreyfus paying a Kamsarmax open north China $9,000 daily for a NoPac round. Period trading continued to fuel this market with charterers conceding higher rates. A 75,700 tonner 2004-built fixed for eight to ten months trading with Norden at $9,750 daily basis Sual 13 July.
Supramax
The market in both the Atlantic and Pacific remained fairly firm especially with east coast South America and the US Gulf improving further towards the end of the week. Period fixtures were reported at $9,000 daily delivery mid China on an ultramax for about three to five months and $12,250 daily on a Tess 58 type delivery Liverpool for minimum four to maximum six months.
A 58,000-dwt was fixed at $19,350 daily delivery in the US Gulf for a trip to the Far East with grains and a 55,000-dwt went from the gulf to India with pet coke trip $20,000 daily. A 53,000-dwt delivery east coast South America was fixed to the east at $12,800 daily plus a ballast bonus of $280,000. A scrap trip was reported on a 50,000-dwt delivery Belfast at $10,750 daily to redeliver in the east Mediterranean.
A 56,000-dwt 2007-built delivery Singapore was fixed for a trip via Indonesia to Thailand at $8,000 daily. Nickel ore trips paid mid $9,000 daily on a 55,000-dwt experienced loader delivery in mid China for a round voyage and low $8,000s on a similar-sized delivery north China. A 53,000-dwt 2005-built did a steel trip from Tianjin at $7,250 daily redelivery in Southeast Asia.
Handysize
A positive week in the world of the BHSI and the last five days saw a small gain for all six routes. Sentiment remained firm going into the last week of June and the market still finely balanced. Owners resisted downward pressure from charterers who considered activity slowed. With the batch of European holidays that blighted May and early June now over brokers hoped for further gains in the near future.
The Pola Murom 2014-built 37,666-dwt was reported covered delivery dop Karmoy for a trip via Murmansk to River Plate at $6,500 daily. Continent scrap to the eastern Mediterranean was concluded at $9,000 daily for a vessel around the 35,000-dwt size. Brokers reported the Galene M 2011 built 33,158-dwt was fixed to MUR basis delivery Canakkale prompt for a trip via the Black Sea to the eastern Mediterranean at $6,000 daily. There was an unconfirmed report that a 30,000 tonner was taken for Brazil coastal trade at about $10,000 per day.
In Asia, a long awaited fixture surfaced of the Shan Hu Hai 2016 39,765-dwt which was open Kandla 23 June, fixed a trip to China at a rate in the high $6,000s. Very little information emerged this week from the Asian specialists.
Source: Baltic Exchange
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Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...
Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes.
According to the Germany Coal Importers Associati ...
Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening.
Indo/China coal rounds are getting fixed arou ...
Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...
Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...
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Showing 1986 to 1990 news of total 6871 |
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- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Deloitte Consulting - India
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