We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all areas. There were operators still shipping from Brazil, with the rate from Tubarao to China hovering around the mid $12.00s for end March. Rates for Brazil/Continent runs also slumped, with a 180,000-tonne, 10% cargo, fixed from Itaguai to Rotterdam at $4.50 for 26-29 March. Further north, tonnage remained relatively limited, but the bearish tone remained pervasive, with an eco 179,000-tonner coming from Cape Passero and fixing from Gibraltar for a Colombia/Turkey run at something over $6,500, plus a $70,000 bonus. In Asia, the West Australia/China rate held over $5.00 for most of the week, but fell to $4.80 for 9-11 March, and slightly more for later dates. However, a 169,000-tonne 2010-built vessel was booked retroactive 19 February for an East Coast Australia round at $5,000. There were still period takers, with operators still there and a 179,000-tonner booked for around a year at 107% of the Baltic Capesize Index (BCI) 5-timecharter.
Panamax
Last week saw pockets of improvement and sentiment is now optimistic. The Pacific was mainly driven by North Pacific and Indonesian demand. A very well described JMU Kamsarmax was fixed at $10,500 daily for a North Pacific round voyage, with most other trades now being bid up on last done. South African coal demand continued its recent upturn in volume, which has helped the South American market. A 2009-built Panamax vessel covered on subjects at $13,350 plus $350,000 ballast bonus at the end of the week was up from around $12,000 plus $200,000 ballast bonus the previous week. The North Atlantic continued to struggle, with a lengthy tonnage list for transatlantic business, but fronthaul rates also increased via North Coast South America. With improved sentiment and increasing paper values, period fixing was again prevalent, with one-year fixtures again emerging at between $11,000 and $11,500 on Kamsarmaxes.
Supramax
It was a more active week on the period front, with a 60,000-dwt vessel, fixed delivery Indonesia, for a short period in the $13,000s. From the Atlantic, a 55,000-dwt ship fixed delivery Fortaleza for 7-10 months, trading with redelivery Atlantic and Singapore-Japan at $12,000. Improved numbers were discussed from East Coast South America and a 63,000-dwt vessel fixed for an upriver trip to the Mediterranean at around $12,250. However, the US Gulf lost ground and a 61,000-tonner went delivery Houston to Spain at $11,000. There were steady rates from the Continent, as a 53,000-dwt ship fixed a scrap cargo to the East Mediterranean in the $9,000s. Increased activity from the Asian market pushed levels up. A 58,000-dwt vessel open Singapore fixed a trip via Indonesia, redelivery China, at $12,500. For India direction, a 60,500-tonner was booked delivery Singapore, via Indonesia, redelivery West Coast India, at $11,250. There was limited activity from the Indian Ocean, although a 61,400-dwt ship fixed delivery to the Arabian Gulf, end February, for a trip redelivery India at $8,250.
Handysize
Overall the index remained in positive territory this week, with improved activity from both basins. Coincidentally, most of the fixture information gathered this week was at the level of $8,000, regardless of the route, in both the Atlantic and Pacific. From East Coast South America, a 35,000-dwt vessel was fixed for moving coils to Marmara at $9,250. A 38,000 tonner was fixed from the Caribbean, with redelivery on the Continent, at a rate in the $8,000s. A scrap cargo was said to have been concluded at a similar level on a Handysize vessel from the Continent to the East Mediterranean. Another 38,000-dwt ship with Jamaica delivery was reportedly fixed at $8,500 for a trip to Norway. In the East, more activity was reported, with positive sentiment driving up the mood. Brokers suggested better numbers were discussed, but few fixtures came to light including period deals. From the Persian Gulf, a 35,000-dwt vessel open Port Khalifa was booked for a trip with sulphur to East Coast India at $8,500.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
|
|
|
Showing 1 to 5 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
|
| |
| |
|