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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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Wednesday, 19 July 17
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
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Tuesday, 18 July 17
CHINA'S ECONOMY HAS BOOSTED OPTIMISM IN THE MARKET - GEORGE LAZARIDIS
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Friday, 14 July 17
IMPORTED COAL IS STILL A SAFE AND RELIABLE SOURCE OF ENERGY IN GERMANY - VDKI
COALspot.com: Imported coal is still a safe and reliable source of energy in Germany. World coal mining has reached a high plateau, but not yet a t ...
Friday, 14 July 17
U.S. WEEKLY COAL-OUTPUT IN SIGNIFICANT DECLINE, EIA FIGURES SHOW
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Thursday, 13 July 17
BELT AND ROAD SHIPPING INDICES OFFICIALLY RELEASED - XINHUA
COALspot.com: The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among ...
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Showing 2001 to 2005 news of total 6871 |
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- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- The University of Queensland
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
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