We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
.jpg) Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, from mid-$13.00s, to somewhere in the $18.00s. Despite all this activity, the West Australia ore rates have moved a modest amount. There have been daily fluctuations, with FMG paying $7.50 for a prompt ship, compared to rates of around the $6.50 level the previous week. Fewer fixtures have emerged on timecharter, with a 14-year old 180,000-tonner fixing from Rizhao for a round voyage in the East, at $15,000 daily. While earlier this week, the Aqua Vision (180,353 2011), open Zhuhai 20-23 April, went to Jiangsu Steamship in direct continuation for an Australian round voyage at $12,950. Saldanha Bay/Qingdao rates firmed, last done was $12.80 on the Mineral Stonehenge for early May loading to Anglo American. There was a little period activity, with ArcelorMittal re-letting the Pelopidas (176,006 2011), open China 1-5 May for 9-12 months, at $17,850, in addition to the Pacific Bulk vessel Cape Splendor (206,070 2014), agreeing $23,500 retroactive, sailing to Lanshan 10 April, for balance of period (about 7-9 months). However, in both cases a charterer was not reported.
Panamax
Period interest continued, despite the disparity with spot rates, with the ongoing improvement in the Cape market further boosting the sentiment. The paper market tried to bounce a few times this week, but the declining BPI repeatedly dampened resolve. The North Atlantic was very active in the first half of the week, with a decent clear out of early tonnage, however, rates still softened and there were many reports of ships fixed on timecharter, which, proved to be the equivalent to voyages rates. Further South, East coast South America maintained a reasonable cargo demand, but this was matched by supply, so rates drifted as the week progressed from around $16,500 plus $650,000 ballast bonus for front haul on a modern Kamsarmax, to around $15,500 plus $550,000 ballast bonus. The Pacific remained subdued throughout the week, with a lack of mineral cargoes and an abundance of early ships putting rates under pressure. Those particularly impacted, being Post Panamaxes, however, NoPac grains saw a steady volume of fixing, and rates here showed a little more resistance. Expectation was more optimistic for later dates, with several brokers noting healthy enquiry on forward positions.
Supramax
Overall a week lacking activity in the Atlantic, but some suggested a floor might have been found in certain areas. Most of the Atlantic routes made gains, and the US Gulf market was picking up again towards the weekend. However, it was also reported that a longer tonnage list was evolving in the Mediterranean, with more market players keen to take vessels for period in the area, but was still fairly flat in East coast South America. In the Pacific, it remained a struggle for the rates to achieve the last done level.
A 57,000-dwt open Canakkale, was fixed via the Black Sea and Red Sea, to redeliver in Port Said at $9,500 early part of the week. A 63,000-dwt open Iskenderun, was booked West Africa with clinker, at $10,500. From the US Gulf, a 58,000-dwt was fixed from South-West Pass for grain, to West coast Central America, at a rate around $20,000. Another Ultramax vessel went from the US Gulf area at $24,000 to the East. From East coast South America, a 58,000-dwt was fixed at $16,500 to the Mediterranean; another similar-sized agreed a trip to Adabiya, with redelivery in Port Said, at $17,000 basis, Tubarao delivery.
In the Pacific, steel runs from North China to South-East Asia, were reported ranging from $8,000 to $9,000. Nickel ore trips were fixed at $12,000 on Ultramax vessel open Thailand, or, $10,000 on a 53,000-dwt open South China. Two 56,000-dwt open Hong Kong and Singapore were fixed for Indonesia coal trips to China, at $9,500 and $11,000 respectively. A coal trip from Indonesia to West coast India, was reportedly done at the low $13,000s on a 58,000-dwt basis delivery Cebu, and $9,000 on a 56,000-dwt basis delivery South China. From the Indian Ocean, a 56,000-dwt delivery Bandar Imam Khomeini, was fixed for moving sulphur, via Iran, to China at $15,000. An iron ore trip from Iran to China paid $16,000 on a 58,000-dwt basis delivery Mesaieed.
Handysize
The Pacific basin saw a continuous fall throughout the week, and the negative sentiment continued in the US Gulf, while the rates struggled to push up further from East coast South America. Most of the areas remained largely flat. On the period front, a 38,000-dwt open Paranagua, was booked for four to six months at $13,000 redelivery in the Atlantic.
A voyage fixture of 40,000 tonnes, 10% stem, from Up-River to Algeria, was booked at $30.75, with 8,000mt load and 5,000mt discharge plus 5% total commission structure. A 28,000-dwt open Dneprobugsky, was fixed for a front haul business, with long duration, at a rate in the low $13,000s. A voyage fixture of 25,000-tonnes, 10% barley, was done from Rouen to Tunisia, at $23.75, with 10,000 mt load and 2,500 mt discharge. From the East, a 28,000-dwt open Busan, was booked for a trip via Japan to South-East Asia with scrap cargo, at $8,300. A 37,000-dwt open Lanqiao, was concluded to move logs from New Zealand to China, at $11,500. A 38,000-dwt open Sandakan was fixed for a trip, via Australia, to North China with alumina, at $10,250.
Source: Baltic Briefing
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...
Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...
|
|
|
Showing 1736 to 1740 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
|
| |
| |
|
