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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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Saturday, 24 February 18
CHINA BECOMES WORLD'S SECOND LARGEST LNG IMPORTER, BEHIND JAPAN - EIA
China surpassed South Korea to become the world’s second-largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS ...
Friday, 23 February 18
ESTIMATED U.S. WEEKLY COAL PRODUCTION UP 2.8 PER CENT W/E 17 FEB' 18 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.6 million short tons ...
Thursday, 22 February 18
WHY THE COMMODITY RALLY WILL GET BACK ON TRACK - SIMON FLOWERS
Implications for the US dollar and producers
Are we in the early stages of a sustained rise in commodity prices? And what does it mean for the ...
Thursday, 22 February 18
PANAMAX: IT HAS BEEN A SLOW AND UNEVENTFUL WEEK - FEARNLEYS
Supramax
Slight improvement from Atlantic with more hope for upcoming weeks. More grain cargoes from Black Sea made fhaul rates better again $17- ...
Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can ...
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Showing 1796 to 1800 news of total 6871 |
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- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- White Energy Company Limited
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
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