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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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Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
Friday, 17 August 18
MALAYSIA'S MANJUNG 4 - WORLD COAL ASSOCIATION
According to the IEA’s Energy Access Outlook 2017 report, nearly all of those who gained access to electricity worldwide in the last 16 years ...
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Showing 1641 to 1645 news of total 6871 |
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- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- The University of Queensland
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
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