We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
.jpg) 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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...
Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
|
|
|
Showing 1516 to 1520 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- PTC India Limited - India
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
|
| |
| |
|
