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Saturday, 07 July 18
SUPRAMAX: THE ASIAN MARKET STRUGGLED; A 57K-DWT WAS REPORTED FIXED BASIS DELIVERY SINGAPORE FOR A TRIP VIA INDONESIA REDELIVERY INDIA AT $12K
.jpg) Capesize
A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, though, mostly unsuccessfully says Baltic Briefing in its latest weekly report.
The report further said, Fronthaul rates climbed to the equivalent of over $40,000 daily, with a cargo allegedly fixed on voyage basis from Port Cartier to Japan at a timecharter equivalent of $42,500 daily basis 90 days duration. Transatlantic rates too saw significant gains, with a 165,000-tonne 10% coal cargo from Drummond to Hadera at $13.75, and a 2010, 169,000-tonner not particularly well-described fixing from Gibraltar for a Colombian round voyage at a rate in the upper $20,000s. The Brazil/China rate maintained gains, with a 23-25 July cargo booked from Tubarao to Qingdao at $23.25 and early August cargoes concluded slightly lower. A slower pace initially in the East, but as the week closed out a rumour circulated that a rate in the low $9.00s was fixed for 19 July onwards from West Australia to China, the highest rate seen for over six months. Rio Tinto and BHP Billiton were both active over the week with the former fixing in the upper $8.00s. Delays too were building in China, with bad weather proving an issue. Paper values were also sharply up over the week but so far little period activity was reported.
Panamax
Commenting on Panamax, Baltic Briefing says, the Atlantic tonnage list continued to tighten last week, and sentiment was further helped by the appearance of several Cape splits entering the market, as rates there rose rapidly. But more than once charterers found themselves unable to make the business work on smaller ships. The North Atlantic and the Mediterranean also saw more fronthaul trades. Rates crept up throughout the week, with a modern Kamsarmax fixing at close to $20,000 from the Continent via North coast South America to the East. East coast South America was slightly more subdued compared to recent weeks, with the continued threat of cheap Ultramax tonnage but rates just about held their ground with a Kamsarmax fixed at close to $16,000 plus $600,000 ballast bonus for end July arrival, while an August stem fixed on a voyage basis from Santos to North China at $34.75 per mt. The Pacific remained oversupplied, and rumours of Indonesian export problems did little to help owners. Rates softened for all but the very well described Japanese units in premium positions although the period/short period market remained flat due to the strong Cape market and improved paper values.
Supramax
According to Baltic Briefing, A mixed week with a growing tonnage lists in Asia putting Supramax rates under downward pressure at the end of last week. In contrast, from the Atlantic there was limited activity reported, but as the week closed out certain areas saw a tightening of tonnage especially in the US Gulf and Mediterranean areas.
From the US Gulf, a 56,700-dwt was reported fixed for a trip with grains to Turkey in the upper $13,000s. On fronthaul, an Ultramax was linked to a trip to the Far East in the low $20,000s. Limited activity from East coast South America saw a 57,900-dwt rumoured fixed for a trip to Algeria in the low to mid $13,000s. In the Mediterranean, a 58,000 open Bejaia was fixed for a trip via the Spanish Mediterranean, redelivery West Africa, in the mid $11,000s, whilst for trips from the Black Sea area to the Far East another 58,000 was rumoured fixed in the mid $16,000s. Limited trading from the Continent, with a 56,000 fixed for a scrap run to Turkey at around $12,000.
The Asian market struggled and a 57,000-dwt was reported fixed basis delivery Singapore for a trip via Indonesia redelivery India at $12,000. Later, a 56,900-dwt also open Singapore was booked for a trip via Indonesia, redelivery China, in the low mid $10,000s. Nickel ore runs saw a 57,000 open Lanshan covering also at around $10,500 for a trip to China.
Handysize
Baltic Briefing weekly report says, the handy market stayed in the negative zone all week with routes in both basins struggling to show improvement. Sources suggested cargoes circulated in key markets in the Atlantic but low rates were offered curtailed trade. In the Pacific, fixtures reported on the period front included a 32,000-dwt open Onsan with no further details and two medium-sized fixed $9,000 delivery, Lugait, Philippines and $10,500 delivery Samalaju respectively both for two laden legs with redelivery in Singapore/Japan range.
From East coast South America, a 31,000-dwt was fixed for a grain cargo to Dammam at $14,500 early in the week. From the US Gulf, a 35,000-dwt was fixed for scrap cargo to the Mediterranean at approximately $9,750. A 35,000-dwt open US East coast was booked to move wood pellets to the Continent at $11,000. A 38,000-dwt open Canakkale was booked at $8,000 for a run via Constanza to the Adriatic Sea, and another handy-sized open in the same area was fixed $9,000 for a fronthaul run to Thailand. In the East, a large Chinese vessel open in Hong Kong was booked for a trip to the Continent at $8,000 for the first 62 days and $12,000 thereafter. A 35,000-dwt open Thailand was fixed for logs via Malaysia to West coast India also at $8,000. A 28,000-dwt open in Indonesia agreed $10,000 to run via Australia and redeliver in China with concentrates.
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Wednesday, 30 May 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
Among several hot topics that will be discussed during the Posidonia week, the International Maritime Organization regulation that will be enforced ...
Tuesday, 29 May 18
BLOCKCHAIN CAN HAVE A TRANSFORMATIVE EFFECT ON THE SHIPPING INDUSTRY
KNOWLEDGE TO ELEVATE
Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscieleck ...
Tuesday, 29 May 18
INDIA'S COAL IMPORT DECLINES IN APRIL AMID DIVERSION TO THERMAL POWER PLANTS - PTI
India’s coal import fell by 9 percent to 17.32 million tonnes (MT) in April on the back of ample supply of dry fuel from domestic sources.
...
Monday, 28 May 18
COAL SUPPLY DIVERSION IRKS INDUSTRIES DEPENDENT ON CAPTIVE POWER PLANTS - HINDU BUSINESS LINE
The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which ha ...
Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...
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Showing 1711 to 1715 news of total 6871 |
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- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
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