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Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize
A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week closed out. The West Australia/China rates nudging $9.00 by Tuesday having closed out the previous week at near $6.00 and finishing in the mid $7.00 with rumours of a lower price agreed, Baltic Briefing said in its latest weekly report.
According to the Baltic Briefing, the Tubarao/China rate whiplashed from $15.00 to $18.00 to $15.00 in a week – and some expecting it to go lower. Vale made a last-minute appearance in the market, fixing at $15.00 for a 15-24 December and reportedly still in the market. Time-charter rates in Asia peaked in the low $20,000s and closed nearer the mid-teens. Added to the gloom came news of a damaged bridge affecting the rail route into Saldanha, with latest reports saying it would not be open until 9 December. The North Atlantic market has seen firmer sentiment, but volume remained thin and rates here drifted lower with time-charter rates fronthaul slipping to nearer the low $20,000s, and Puerto Bolivar/Rotterdam now nearer $7.50. Period reports included an eco-Newcastlemax fixing for about a year in the low $20,000s, with 9-10 December delivery Bayuquan.
Panamax
The Baltic Briefing says, last week Panamax ended slowly in the Pacific with sources suggesting the Chinese were awaiting a positive outcome to the US-China trade war at the weekend. Rates definitely stabilized during the week, with various reports of higher fixtures concluded, although many questioned the validity of the stronger rumours as some suggested the rates had been time-charter equivalents of voyage fixtures. Generally, according to The Baltic Briefing, there was plentiful enquiry, but many charterers had been holding back. The Atlantic also proved difficult to read: South American rates remained fairly flat, although the list of ballasters was a cause for concern, whilst the north Continent continued to appear the tightest area for tonnage supply, but without fresh enquiry this too may come under pressure soon.
Supramax
Commenting on Supramax, the The Baltic Briefing says, as the week closed Asia saw improvement, which led to the BSI moving into positive mode. Period talk included a 56,000dwt, fixed delivery Singapore, three to five months trading in the mid $10,000s. There were increased trading from the US Gulf and Ultramax, fixed in the mid $20,000s, for a petcoke run to the Mediterranean. Trading slowed from the Mediterranean and rates eased slightly.
Asia activity increased as the week ended with a 55,000dwt, fixed delivery Makassar via Australia, redelivery Singapore-Japan at $10,750. And Indonesia coal business a Supramax, fixed delivery Kalimantan to West Coast India, at $11,000. From the Indian Ocean, levels remained static and a 55,000dwt, agreed $13,500 from Pipavav via Mina Saqr to Bangladesh. And further south a 56,000dwt, fixed delivery South Africa, for a trip to Arabian Gulf/West Coast India at approximately $12,000 plus $200,000 ballast bonus.
Handysize
According to the The Baltic Briefing, there were no significant changes in the Handy market with limited activity reported.
The BHSI recorded a further drop on Wednesday to 629, the same number the index achieved two months ago. The market remained slow overall but some brokers saw the rates for handy vessels from the US Gulf picking up, especially for the bigger sizes. Early last week, a 35,000dwt, open north Brazil, was fixed at $14,900 for moving sugar to the western Mediterranean. A 28,000dwtwas booked to ARAG range at $11,500, basis Jamaica delivery. A 31,000dwt agreed $10,000, basis Guayaquil, for a trip via North Coast South America to redeliver in West Africa towards the weekend. From the US Gulf, a 32,000dwt was booked from the Mississippi River, delivery to the Caribbean, with grain at $14,000. In the East, a 28,000dwt open Port Kelang was fixed with an early December date for a run via Malaysia and redelivery southeast Asia at $8,000. A 43,000dwt open, redelivery South Korea, was booked for a trip to CJK with clinker at $7,000.
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Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
Wednesday, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
Is the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the mar ...
Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in K ...
Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...
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- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- PTC India Limited - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Planning Commission, India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
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