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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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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 ...
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 ...
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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- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- The University of Queensland
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
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