We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 03 May 19
SUPRAMAX: WITH WIDESPREAD HOLIDAYS DURING THE WEEK, THE MARKET LACKED IMPETUS - BALTIC BRIEFING
 Capesize
The market last week was a tale of two halves, with substantial volatility. Beginning the week on a positive note the C5 West Australia to China route opened mid to low $6.00s. Pushing into the holiday on Wednesday, it rose to mid $7.00s, before crashing back down to mid $6.00s by the week’s end. Volatile swings like this are a characteristic of the market but that doesn’t make it any easier to trade. Many owners in the Pacific were seen to sit out the market by Friday, looking to the week ahead where fortunes may rebound. The Atlantic basin faired similarly throughout this rollercoaster week, trading more off sentiment than solid fundaments. In the Indian basin, trades were limited, while the East Coast of India faced disruptions and closures because of the effects of tropical cyclone ‘Fani’ bringing torrential rains and winds of up to 200 km/h.
Panamax
With further disruption due to ongoing holidays, last week was a little disjointed. However, the market generally held up rather well considering. South America continued to soak up the ballasters with rates hovering around $15,500 plus $550,000 ballast bonus for modern Kamsarmaxes. Further north tonnage supply remained well balanced, fixing at levels similar to last done. Longer grain round voyages fixed at around $10,500, with vessels ballasting from the Mediterranean, but further north ships were able to achieve around $13,500 for shorter mineral trips. The holidays appeared to have a greater impact on the Pacific market, although sources suggested there were more trades concluded quietly than was immediately apparent. The period market was active again on the back of increased FFA values, particularly index-linked trades. This included talk of a package deal of four vessels, all index-linked, for five to nine months to the same Charterer.
Ultramax/Supramax
With widespread holidays during the week, the market lacked impetus. Period activity was limited, but a 56,000dwt vessel open US Gulf was fixed for three to five months, redelivery Atlantic, at $11,000. The Atlantic remained positional, from the US Gulf a 62,000dwt ship fixed a trip delivery South West Pass, via the Panama Canal, redelivery China, in the upper $22,000s. Some negative pressure was seen from the Mediterranean for Atlantic business. A 57,000-tonner reported fixed delivery Canakkale trip to Houston with cement in the mid $4,000s. It was a flat week from East Coast South America, a 61,000dwt vessel fixed at $15,000 for a trip to the UK-Continent. The Asian basin struggled, with a 55,000dwt ship fixing delivery Hong Kong trip via Indonesia, redelivery CJK, at $8,000. From South Africa a 58,000-tonner was linked to a trip to the Far East in the low $11,000’s plus around $125,000 ballast bonus. All eyes firmly set on the week ahead to see any concrete moves.
Handysize
It was a slow week in both basins due to the public holidays in many countries on Wednesday. Brokers suggested the rates slightly recovered in the Pacific, despite the holidays, as the week closed. In the Atlantic, negative sentiment remained evident from East Coast South America, with a few vessels fixing and some saying there was a buildup of tonnage. A larger Handysize vessel from the area was rumoured to have fixed at around $11,000 for two to three laden legs with Atlantic redelivery. From the Continent a 33,000dwt vessel, 2011-built, was fixed at $10,125, basis delivery Rotterdam, for a trip with scrap to the East Mediterranean. A voyage fixture of 25,000-tonnes 10% urea from Kotka to Dakar was done in the mid $25.00s, with 6,000 tonnes load and 5,000 tonnes discharge.
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 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Economic Council, Georgia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- MS Steel International - UAE
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
|
| |
| |
|
1 