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Friday, 11 January 19
SUPRAMAX: THE ASIAN ARENA HAD A MIXED START; LIMITED ACTION IN SOUTHEAST ASIA - THE BALTIC BRIEFING
Capesize
Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day. West Australia to China rates briefly moved closer to the high $6.00s, but ended the week at $6.25, as a 2002-built vessel fixed at this rate from Dampier. The ship was re-let having fixed on timecharter at $9,000 daily basis Hong Kong delivery. The Australian miners slowed the pace as the week ended with at least one now bidding $6.00. Brazil to China rates improved briefly, with business fixed in the low $18.00s for January, but dropped sharply lower. However, a 1 to 10 February has now been done at $17.50. Similarly in the North Atlantic, a tighter tonnage supply saw fronthaul rates in the low $30,000s for a 171,000 tonner. There was transatlantic activity, with the BCI C7 Puerto Bolivar to Rotterdam route fixed at $9.00.
Panamax
With a complete return to work for the first full week of the year it was perhaps no surprise that it was very active, with a large volume of trades reported. Despite the increased activity, there remained too many early vessels in the Atlantic, combined with ballasters from the East, forcing rates lower throughout the week, with many having to wait for later laydays. The transatlantic index dropped $2,500 Monday to Thursday and was still considered by many to be overmarked. South America also softened, with well described Kamsarmaxes fixed at $13,750 plus $375,000 ballast bonus. In the North Pacific saw a busy week but lacked support from the minerals trades, although there was a noticeable increase in cargoes to India during the second half of the week. Indonesia has been disappointing, with rates especially for smaller units hit harder. Some vessels had to wait for later cargoes, but in spite of the weakened spot levels, there were still several short period fixtures concluded.
Supramax
The first full week back after the holidays was not encouraging, with the Baltic Supramax Index (BSI) falling and tonnage supply outweighing demand in many areas. Limited period activity surfaced, but a 61,000dwt vessel was reported delivery Japan for four to six months trading at $12,500. The Atlantic suffered especially from the US Gulf-US East Coast area where rates fell and a 56,000dwt ship fixed at $14,000 from the East Coast to the Mediterranean. From the Mediterranean, an Ultramax was rumoured fixed in the $19,000s for a trip to the Far East. The Asian arena had a mixed start. From the Indian Ocean a 60,200 tonner fixed delivery South Africa trip to the Far East at $12,400, plus $250,000 ballast bonus. A 56,000dwt vessel agreed delivery Kobe for a North Pacific round at $10,000. Limited action in Southeast Asia but a 53,000 tonner open Cebu went for a trip via Indonesia, redelivery Southeast Asia, at $8,000.
Handysize
The first full week back began on a low note, with routes across all areas losing ground. Due to a good supply of prompt tonnage from East Coast South America, and a lack of fresh enquiry from the US Gulf, rates slipped. From East Coast South America a 32,000dwt vessel was booked at around $10,000 for a trip to Morocco. A 33,000 tonner went to a grain house at $9,500 delivery Recalada for a transatlantic run. The market remained depressed in the US Gulf, a 38,000dwt ship fixed to the Continent at $9,000. From the Continent, mid-size Handysizes were also around $9,000 for trips to the Mediterranean. In the East, the market lacked impetus. From the North a 38,100 tonner fixed from CJK to Southeast Asia in the high $7,000s. Further South, a 35,000dwt vessel agreed a steels run from South China to Indonesia in the mid-high $7,000s.
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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 ...
Wednesday, 19 December 18
GLOBAL COAL DEMAND SET TO REMAIN STABLE THROUGH 2023, DESPITE HEADWINDS - IEA
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as decli ...
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Showing 1516 to 1520 news of total 6871 |
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- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- MS Steel International - UAE
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Australian Coal Association
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
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