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Monday, 13 August 18
A 50,200 DWT FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA REDELIVERY CHINA IN THE LOW $10,000S - THE BALTIC BRIEFING
 Capesize
Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atlantic trading eased and rates slipped back.
According to the Baltic briefing, West Australia/Qingdao failed to reach $10.00 and dropped to around $9.50, with one charterer managing to secure a couple of ships at $9.20. A Singapore holiday disrupted trading, and the Australian miners were less visible, although Rio Tinto provided fresh interest as the week closed out. Timecharter rates also eased, with a 175,611dwt, 2011-built, open Bayuquan 11 August, fixed to Pacific Bulk and an Australian round at $20,500 daily, and then reportedly flipped out to K-Line at $500 more. Trading from Brazil was spasmodic, with Vale briefly appearing in the market again mid-week and linked with a couple of operators to move end of August/early September cargoes at $23.99, but without broker input. Other charterers were fixing around the low $24.00s but, with the list of ballasters shrinking for loading positions up to 10 September, many suggested rates could push higher. CSN late in the week took three or four ships at rates in the low $24.00s basis C3 terms.
the Baltic briefing further noted in its latest report published on 10 August, further north, the pace again slowed, and charterers were able to secure lower numbers, with rates on the key C7 Puerto Bolivar/Rotterdam route easing, and business concluded at $12.50. Fronthaul trading was slow, but a cargo was fixed from Seven Islands to Qingdao early in the week at a rate equating to the low $40,000s daily. There was some period activity but largely for short duration. K-Line earlier in the week took a 2011-built, 179,000dwt from CJK for four to six months trading linked to the BCI 5-timecharterer average.
Panamax
Commenting on Panamax, the Baltic briefing's weekly report says, last week followed the pattern of the previous week with rates under pressure everywhere. However, the Atlantic had a significant spike in activity on Wednesday which saw a clear-out of tonnage with rates flattening at the lower levels. Sentiment improved as the tonnage profile appeared much tighter in the north. EC South America saw a slight increase in rates for end August positions as a few inbound ships experienced delays, with a very well described Sanoyas newbuilding covered at $16,500, plus $650,000 ballast bonus to SE Asia, whilst activity for September cargoes so far appeared confined to the voyage basis. Despite some weather disruptions and an injection of fresh enquiry in the East, rates drifted lower throughout the week, with a holiday in Singapore not helping owners’ cause. Charterers remained relaxed and waited for lower offers to come to them as the Cape market and paper markets also softened. There was very little evidence of period trading, although one source suggested interest in short period increasing towards the end of the week.
Supramax
A split week, with the Atlantic overall remaining more positive whilst the Asian Basin lost ground. Very little activity on the period front was reported, although a 56,700dwt open Lianyungang was rumoured, covered for seven to nine months and trading at around $11,000.
Atlantic activity was focussed on the Northern Hemisphere. Brokers said very little fresh enquiry was seen from EC South America, keeping rates flat and moving sideways. A 63,300 dwt was reported to have fixed delivery up river for a trip to the continent for just under $15,000. Elsewhere, increased activity was seen from the USG, with an Ultramax fixed in the low $26,000s for a trip delivery to SW Pass – redelivery Singapore-Japan range – and, on the trans-Atlantic runs, an Ultramax booked for a trip to Alexandria at around $19,000. Similarly, stronger levels were reported from the Continent and Mediterranean, albeit on the Ultramax sizes: the 63,400dwt open Sea of Marmara fixed a trip Singapore-Japan at around $23,000.
With a holiday in Singapore the Asian market lacked impetus. From SE Asia limited coal stems kept a lid on market movement. A 50,200 dwt fixed delivery Singapore trip via Indonesia redelivery China in the low $10,000s. Very little fresh enquiry was seen from North Asia which again kept rates in check. The Indian Ocean saw more enquiry than of late and a 58,500dwt was reported to have fixed delivery to South Africa for a trip, with redelivery to the Far East at $12,200 with a $220,000 ballast bonus.
Handysize
Overall there was limited fresh handy sized cargo in the Pacific market last week, and the Singapore National Day holiday on Thursday further added to the lethargy, brokers said. In the Atlantic Basin, there was little change, with the USG remaining weak, but rates from the Skaw-Cape Passero range and EC South America slightly improved. A 35,000dwt, 2014-built, open upriver was fixed for a trip to WC South America at $13,750.
A 38,000dwt, 2016-built open Fortaleza, was fixed at $11,500 for the balance period, with minimum two-month redelivery worldwide up to mid-November. Early in the week in the Pacific, a 45,000dwt vessel, open Hong Kong, was booked for a trip to China with clinker at $8,350. A 37,000dwt, 2011-built vessel was paid $7,000 on first 65 days basis for Kohsichang delivery for a trip to West Africa, and $9,500 as the balance rates with three ports of discharge. Trips via Australia paid around $8,000 on a medium-sized handy ship basis for delivery Singapore and redelivery Singapore-Japan range. From the Indian Ocean, a 28,000dwt, 2012-built open Jebel Ali, was fixed to South Africa at $6,000 for the first 39 days and $9,500 afterwards. A 38,000dwt, 2015-built vessel was covered at $8,000 to run from Dahej to China, and a $32,000dwt, 2007-built logger, open Fujairah, was fixed for a trip via Ras Al Khaimah to WC India at $10,000
Source: The Baltic Briefing
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Thursday, 02 August 18
INDO / CHINA COAL RV'S IS PAYING AROUND USD 11,000 TO SUPRAS BSS DELIVERY SINGAPORE - FEARNLEYS
Capesize
The counter seasonally strong market during the summer months bodes well for the remainder of the year.
According ...
Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coa ...
Wednesday, 01 August 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
The dry bulk market activity over the past four weeks has remained stable when compared to the previous months. There are concerns with regards to ...
Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
Indonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on M ...
Tuesday, 31 July 18
ENERGY MINISTRY REMAINS FIRM ON DMO POLICY FOR COAL - JP
The Energy and Mineral Resources Ministry has stressed that it will not cancel its policy on the domestic market obligation (DMO) for coal, as the ...
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Showing 1656 to 1660 news of total 6871 |
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- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
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