We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
.jpg) Capesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25, in what appeared to be pre-holiday jitters, after climbing in excess of the mid-$7.00s before stalling. The Australian miners were taking ships, with Rio Tinto securing tonnage for 13 May onwards at the end of the week from Dampier to Qingdao at $7.25, but with improved drafts in Dampier, brokers said. Timecharter rates hovered around $16,000 to $17,000 daily for Australian round voyages. Brazil trading slowed after a sharp rate rise on the key Tubarao/Qingdao run, and although easing, rates were still around $18.00, however, with claims, a rate in the high $17.00s was agreed. Tonnage was tight in the North Atlantic, and rates pushed up, with reports of end-May cargo fixed from Puerto Bolivar at $10.40 basis Rotterdam. The transatlantic timecharter rate slipped, but was still close to $20,000 daily, although activity slowed, fronthaul rates were still in the low to mid $30,000 daily. With uncertainty going forward, and a flat forward paper curve, period trading slowed with some failing evidently. A 2011-built 176,000-tonner fixed this week for seven to ten months trading with first-half May, delivery China, at $18,500 daily. The gap remained wide between charterers and owners ideas for now.
Panamax
There were fewer period trades, as the bid/offer gap widened due to the declining spot market, but the few deals done were still at solid levels. Atlantic rates softened in the North due to the oversupply of tonnage, despite a relatively healthy amount of enquiry. Grain sales to China for the US stopped due to the introduction of the anti-dumping charges, and despite this leading to increased volume from an already busy East coast South American market, potential increases were off-set by the large number of ballasters and owners struggling to maintain rates. Modern Kamsarmaxes were fixing at $14,800 plus a $480,000 ballast bonus, but it was unlikely that this level would be on the table for very long, with sources suggesting mid-May cargoes have mostly been covered. The Pacific saw a touch more mineral demand, but rates in the South fell. Although the North experienced a flurry of greatly improved fixtures, mainly for NoPac cargoes, sources attributed this to the upcoming Golden Week in Japan, combined with a holiday in China (Monday and Tuesday). Regardless, the improvement was enough to see the BPI P3a rise unexpectedly on Thursday, when rates on other routes dropped, with the highlight a very well described Kamsarmax in Japan fixing at over $14,000 for a trip via NoPac to South China.
Supramax
With the onset of various holidays in the Asian sector next week, this basin saw more activity than the Atlantic this week. There was period cover sought, with a 63,000-dwt open CJK end April, fixed for four to six months, trading redelivery worldwide, at $13,000. While further South, a 56,000 open Kosichang was fixed for three to six months, redelivery worldwide, at $12,750.
A mixed bag from the Atlantic, with limited fixtures surfacing. A 58,000-dwt open Turkey was booked for a trip, via the Black Sea, redelivery Singapore-Japan, in the upper $17,000s. From the Continent, a 53,000-dwt was fixed for a scrap run from Liverpool to the Mediterranean, at around $14,000. An easing of interest from East coast South America saw a 55,000-dwt fix basis Recalada, for a trip to the Mediterranean, in the mid $14,000s. From the US Gulf, a 55,000-dwt open New Orleans early May, agreed a rate in the mid $15,000s to move wood pellets to the Continent.
There was a touch more nickel moved this week. A 57,000-dwt open Yangjiang, was fixed for a trip, via the Philippines, redelivery China, at $11,750. For coal runs, a 61,000-dwt was fixed basis delivery Surabaya, for a trip via Indonesia, redelivery India at $15,000. A 50,200-dwt open Phu My, also went for two to three laden legs redelivery worldwide, at $10,000. From the Indian Ocean, a 63,500-dwt was fixed for a trip delivery Mumbai, via West coast India, redelivery China, at $14,000. Finally, for South African business, a 63,500-dwt went delivery Krisnapatnam, via South Africa, redelivery Singapore-Japan range at $13,150.
Handysize
Overall it was a relatively slow week, with the week beginning much as it had finished the previous week. Lower rates were reported from East coast South America, US Gulf and the Pacific basin towards the end of the week. A 33,000-open West Mediterranean was reportedly fixed for three to five months, trading with worldwide redelivery at approximately $11,000. Another similar-sized open in the same area was concluded at $9,500 for two to three laden legs, with redelivery in the Atlantic at $9,500. From East coast South America, a 38,000 was booked to move grain to Spain at $12,750 – a rate brokers considered at the low end. From the US Gulf, a 35,000 did intra-Gulf business at around $8,000, and two 34,000s, open US East coast, were fixed to Veracruz at $6,500, and the Western Mediterranean at $10,000, respectively. In the Pacific, a 32,000-dwt open South China agreed $9,000 for a run via Vietnam, and redelivery in the Philippines. Similarly, a 28,000 open Singapore, was fixed to the Philippines at $8,500. A trip with limestone paid $9,000 on a 43,000 from Singapore to East coast India.
Source: Baltic Briefing
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 05 April 18
INDONESIA TO POSTPONE NEW COAL, PALM OIL SHIPPING RULES TO 2020 - REUTERS
Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, government offic ...
Tuesday, 03 April 18
MARKET ANALYSIS - GEORGE LAZARIDIS
In the midst of a relatively quiet week for markets, with disruptions being caused by the Christian holidays, it seems as though we find ourselves ...
Monday, 02 April 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT, SAYS VISTAAR
The freight market softening to continue. Thursday, March 29, 2018, the Baltic Dry Index decreased by 42 points, reaching 1080 points.
T ...
Monday, 02 April 18
THIESS TO DELIVER $150M SENAKIN CONTRACT EXTENSION
Thiess has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia.
...
Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...
|
|
|
Showing 1751 to 1755 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The University of Queensland
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- SMC Global Power, Philippines
|
| |
| |
|
