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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, 14 June 17
HANDYSIZES AND PANAMAXES ENJOY THE TIGHTEST SUPPLY - PANOS TSILINGIRIS
The dry and the tanker shipping segments have dissimilar exposure to supply-driven opportunity (or risk). While the vintage (i.e., over 15 years ol ...
Tuesday, 13 June 17
THE TANKER FREIGHT MARKET IS STILL UNDER PRESSURE - GEORGE LAZARIDIS
News of U.S. inventory decline has hit the market by surprise with prices of the commodity showing some quick revival as OPEC continues to push wit ...
Monday, 12 June 17
THE BALTIC DRY INDEX TOOK A POSITIVE STEP
COALspot.com: The Freight market incline this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positive trend week ...
Friday, 09 June 17
U.S WEEKLY COAL OUTPUT WAS FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes ...
Wednesday, 07 June 17
INDO HBA INDEX SEE LARGEST DROP SINCE FEBRUARY 2017
COALspot.com: Indonesian coal benchmark price decline 9.96% in June, government data showed.
The benchmark price of Indonesian thermal coal de ...
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Showing 2026 to 2030 news of total 6871 |
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- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
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- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
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