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Saturday, 13 October 18
SUPRAMAX: SIGNIFICANT ACTIVITY IN THE INDIAN OCEAN WAS EVIDENT AND RATES JUMPED - BALTIC BRIEFING
Capesize
A sharp reversal of fortunes for the big ships as the week closed after a depressed beginning. To start with drops were sudden, with the key West Australia/China rate falling over a dollar in one day, dropping Tuesday to $7.95 before climbing to $8,50 on Wednesday and finishing the week in the low $9.00s. Timecharter rates also rose sharply with a well-described 180,000dwt reaching over $20,000 daily for China delivery with West Australia rounds. Brazil loaders initially saw rates change little despite Vale allegedly fixing several ships as well as CSN. Rates from Tubarao/China most of the week failed to reach $21 but Friday saw a report of a 27-28 October cargo fixed at $21.00 and rumours of a second-half November cargo fixed at $22.50. The North Atlantic market was initially very slow, but here too rates barrelled higher despite little change in cargo volumes. A good spec 179,000dwt open Gibraltar, fixed a trans-Atlantic round at $18,000 daily with Skaw-Gibraltar redelivery, or, $20,000 daily if Cape Passero and a super eco achieved $23,750 daily from Gibraltar for a run from Bolivar to Rotterdam.
Panamax
Last week the North Atlantic firmed as sustained demand saw a clear out of most of the prompt tonnage. Several charterers took tonnage for two to three laden legs despite paying a premium, with modern Kamsarmaxes fixed at $18,000 redelivery Atlantic. The South was a little slower than previous weeks, with attention now focused on November stems, which, seemed less abundant. However, rates have so far remained steady, with well-described ships still commanding around $16,500 from Singapore. The Pacific began to look more positional, with very limited NoPac enquiry. The region has been underpinned by consistent Indonesian and Australian mineral demand. However, vessels open in the North seemed to be discounting to find cover. Period interest remained with several vessels now being taken in the Atlantic to cover both trans-Atlantic and front haul stems.
Supramax
A positive week overall with most routes seeing steady gains but US Gulf routes seeing slightly lower levels. Period activity increased with a 64,000dwt open in the Indian Ocean achieving $14,000 and a 58,000-dwt open South-East Asia fixed at $13,000, both for a short period.
Atlantic activity centred on the East Mediterranean, with Supramaxes achieving in the low $20,000s for trips via the Black Sea to the Far East. There was limited activity from the US Gulf region, with a 56,000dwt fixed delivery Huelvap, via North coast South America, to China, at $21,000. East coast South America remained steady, with good cargo volumes. Healthier numbers in the Asia market especially from South-East Asia with a 57,000dwt fixing delivery Vietnam, via Indonesia, to China at $13,000. Significant activity in the Indian Ocean was evident and rates jumped. A 57,000dwt fixed delivery South Africa to the Far East at $13,500 plus a ballast bonus in the low $400,000s.
Handysize
The BHSI remained positive last week with stronger numbers discussed particularly from the Black Sea-Mediterranean area. East coast South America and the US Gulf continued to improve, while the Pacific market remained largely flat. Increased activity in the Atlantic basin also included a tick more long and short period fixtures. A 30,000dwt open Turkey in the second half of October was recently fixed for one year at $9,750, but excluding trading in West Africa and with redelivery in the Atlantic. A 36,000dwt open Cuba was fixed at $13,500 for three to five months. A 30,000dwt open in the Continent was fixed at about $9,700 for the same duration, while a 38,000dwt open Abidjan was fixed for five to seven months at $12,000, all with redelivery in the Atlantic. A 37,000dwt open Canakkale was fixed at $18,000 for a trip to Morocco, with option redelivery Israel at $17,500. A 35,000dwt open Iskenderun was booked for a trip to the Continent at $13,000. A 27,000dwt and a 32,000dwt, both open Singapore, were fixed for a trip to the Persian Gulf at $7,500 with steel and $9,000 with alumina. A 38,000dwt open East Australia was booked at $13,500, redelivery Indonesia, with sugar.
Source: Baltic Briefing
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Monday, 29 October 18
IMPLEMENTATION OF SULPHUR 2020 LIMIT - CARRIAGE BAN ADOPTED - IMO
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Mari ...
Monday, 29 October 18
SUPRAMAX: THE ASIAN AREA SAW FALLING RATES, WITH A 61,000DWT FIXING DELIVERY KOHSICHANG TRIP VIA INDONESIA, REDELIVERY INDIA, AT $10,500 - BALTIC BRIEFING
Capesize
A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, ...
Friday, 26 October 18
SHIP OPERATING COSTS EXPECTED TO RISE IN 2018 AND 2019 - MOORE STEPHENS
Total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.
...
Friday, 26 October 18
SEVERAL CONTRACTIONS IN GLOBAL STEEL PRODUCTION - JEFFREY LANDSBERG
World Steel Association data released today shows that global crude steel production totaled approximately 151.7 million tons in September. T ...
Thursday, 25 October 18
WHAT DOES THE "IMO 2020" REGULATION REALLY SAY? A QUICK GUIDE - BIMCO
KNOWLEDGE TO ELEVATE
The shipping industry has all eyes firmly fixed on the topic, but what exactly do the “IMO 2020” global sulph ...
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Showing 1576 to 1580 news of total 6871 |
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- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- VISA Power Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
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