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Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
Capesize
A positive end to last week after a somewhat uncertain start as some gains made were eroded. Rates recovered later for West Australia/China, nudging the high $8.00s with rumours of $9.00 for prompt positions. In addition, there was finally action from Brazil, with a few cargoes fixed for China as the week closed out with some early ships covered in the mid-high $16.00s and $17.25 paid for early January. Brokers said there were fewer ships in ballast. Atlantic trading also perked up, with fresh business increasingly evident and rates beginning to move, with the odd weaker rate appearing. On the key Puerto Bolivar/Rotterdam run there were reports that charterers were now bidding in the low-mid $9.00s, but so far unfixed. A Narvik/El Dekheila cargo allegedly went at $7.90 and was said to show a timecharter equivalent of over $20,000. Much of the fronthaul fixed was largely breaching business from St. Lawrence, and on voyage, but rates were assessed around $30,000 daily.
Panamax
A very flat week for the indices with rates mostly hovering at the same levels, however, news of fresh concluded sales into China boosted sentiment greatly, with much more period activity evident as a result. A Panamax open South China early January covered for a year at $12,000. Multiple short period trades were also reported. The Pacific continued to be propped up by impressive Indonesian volume. The news of thirty cargoes sold from the NoPac to China, was coupled with improving rates in the North, with Kamsarmaxes fixing at $11,000 or more for round voyages again. South American trades for December slowed, as most stems have been covered now. However, rates remained steady, to slightly better, at around $15,750 plus $575,000 ballast bonus for Kamsarmaxes. In the North, period interest helped increase demand and spot rates saw a slight improvement at the end of the week.
Supramax
It was a more positive week than of late for the Baltic Supramax Index (BSI). The Index showed some strong gains, with China buying US soybeans helping to support the market. Period activity remained across both basins. A 66,000dwt open Indian Ocean fixing at around $14,000 for four to six months trading. As the week came to a close a more positive sentiment appeared across some areas; The US Gulf showing improved activity. Brokers suggested this was due to increased enquiry from East Coast South America. A 60,000dwt was rumoured fixed from the Gulf for a trip to the Continent in the upper $17,000s. The Asian market made gains, with better flows for NoPac and Australian cargoes. A 63,000 tonner fixed delivery Surabaya trip, via West Australia, redelivery China at $13,500. There was stronger demand from SouthEast Asia, with more coal being shipped. A 63,000dwt vessel was booked delivery Gresik trip, via Indonesia, redelivery CJK in the low $14,000s.
Handysize
The overall Baltic Handysize Index (BHSI) recorded a similar level as it achieved in December 2017. Rates from East Coast South America improved, but negative sentiment from the US Gulf market became more evident last week with limited cargoes. The Pacific market was again less active as Christmas approached. On the period front, a 37,000dwt vessel open North Coast South America went for four to six months at $12,000, with redelivery within the Atlantic.
A 32,000dwt open Canakkale fixed for a trip to the Spanish Mediterranean at $13,750, while another 34,000dwt open Otranto did a similar run at $12,500. A 37,000dwt was booked for woodpellets from US East Coast to the Continent at $14,000 in mid-week, and later, a 38,000 tonner went for a similar trip in the mid $12,000s. A 32,000dwt open Singapore went for a trip via Indonesia to Thailand early last week in the East. A 38,000dwt in Vietnam fixed via Indonesia to China at the same rate.
Source: The Baltic Briefing
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Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...
Saturday, 29 December 18
DELIVERY OF CARGO WITHOUT PRODUCTION OF THE ORIGINAL BILL OF LADING - TT CLUB
KNOWLEDGE TO ELEVATE
As the bill of lading is a document of title, a person presenting it to the carrier or its agent is ostensibly entitled t ...
Friday, 28 December 18
BIMCO 2020 SULPHUR CLAUSES: "A FAIR ALLOCATION OF RESPONSIBILITIES AND LIABILITIES'? - INCE & CO.
To assist owners and charterers to address the legal issues arising under any time charterparties, which will span the 1 January 2020 implementatio ...
Thursday, 27 December 18
DRY BULKERS SPOT FREIGHT MARKET W/E 21 DEC - ALLIED SHIPBROKING
Capesize
A negative week for the Capesize sector, as activity remained at low levels, especially in the Pacific, with rumors regarding agreed r ...
Thursday, 27 December 18
SHIPPING IS ENTERING A NEW ERA OF EVER CHALLENGING CONDITIONS - ALLIED
As we move closer to the end of the year and we look forward into New Year, we are still finding ourselves looking deep into a market outlook full ...
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Showing 1511 to 1515 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- VISA Power Limited - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Mjunction Services Limited - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
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