We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 18 May 19
SUPRAMAX: 56,000DWT OPEN PANJANG FIXING AT $10,500 FOR A TRIP VIA INDONESIA, AND REDELIVERY CHINA - BALTIC EXCHANGE
.jpg) Capesize
The market continues to ebb and flow with a generally positive up trend. The Capesize 5TC opened with upward momentum from last week’s $11,621 and nudged to over $12,000. It then dropped to $11,705, however, by close it rallied to $11,909. West Australia to China ore run followed a similar pattern from high $6.00s, before losing 50 cents, ending the week marked around $6.50.
News was heard overnight Thursday that Brazilian miner, Vale, advised prosecutors that another dam in the State of Minas Gerais is at risk of rupturing within the following week. This prediction was based on current movements at the dam. The mine hasn’t been active since 2016, as such, iron ore market flows would not be expected to be affected. Vale has raised its level of alert for the surrounding area. While getting ahead of possible incidents with warnings and evacuations is good to hear, the market is now questioning when these dam sagas will end and business as usual can be resumed.
Panamax
A busy start to last week saw the Baltic Panamax Index (BPI) 4TC average rise steadily to over $10,000 from around $9,500 at the end of the preceding week. South America was again the main focus, with modern Kamsarmaxes now traded in excess of $16,000, plus $600,000 ballast bonus. That said, most of the reported trades had been concluded on a Dropping Outward Pilot station (DOP) basis, or, passing Singapore. A particularly well described unit achieved a high of $15,000 for the round voyage. The North Atlantic was said to be well balanced, with slight increases in transatlantic trades in line with the improved front haul rates. The Pacific market was helped greatly by South American activity, combined with a preference for trips into India. This meant rates for trades within the area jumped midweek. A lack of fresh enquiry at the end of the week had many pointing towards a correction. Nonetheless, period discussions had increased.
Supramax
The Baltic Supramax Index (BSI) started the week in upward mode, but petered out as the week closed. Limited fresh period activity surfaced, but a 52,000dwt vessel, open US Gulf, was rumoured fixed for four to six months trading, with redelivery Arabian Gulf-Japan in the $12,000s. The Atlantic saw better levels from some key areas including the US Gulf. A well described 60,000dwt ship fixing around $19,000 from here with redelivery in Japan. As the week continued, pressure was surfacing from East Coast South America, with a lack of prompt tonnage. A 53,000-tonner fixed basis delivery Up River for front haul in the high $12,000s plus high $200,000 ballast bonus. There was increased activity from the Indian Ocean, where a 63,000dwt ship fixed delivery South Africa and redelivery West Coast India at $13,400 plus $340,000 ballast bonus. Further east, it was finely balanced, with a 56,000dwt open Panjang fixing at $10,500 for a trip via Indonesia, and redelivery China, at $10,500.
Handysize
Overall, it was a week of continuous improvement in the Handysize sector. Rates started the week flat, with mixed feelings in the Atlantic basin, but the sentiment started to grow slightly more positive in the Continent-Mediterranean-Black Sea areas after the recent weeks of lower fixtures. Brokers also noticed potential signs of tightening tonnage list from East Coast South America going into next week. A 33,000-tonner open Recalada was booked for a trip to the Baltic at $8,750 early in the week. A similar-sized ship was fixed for the same delivery to Morocco at $9,000 at a later stage. On the Continent, a 38,000dwt box type was fixed from Brake to the US Gulf at $8,000. Whilst in the east, large Handysize vessels were achieving in the region of $7,000s basis Singapore delivery for round trips with Asia redelivery. It was rumoured similar levels were being fixed for China-Japan delivery and redelivery Southeast Asia.
Source: The Baltic Exchange
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal ...
Wednesday, 10 April 19
SHIPPING MARKET INSIGHT - INTERMODAL
The tragedy in Brazil’s Vale Brumadinho where a tailings dam collapsed in January ranks among the world’s worst mining disasters. It co ...
Monday, 08 April 19
5TH INDIA NUCLEAR NEW BUILD CONGRESS 2019
5th India Nuclear New Build Congress 2019
The congress in Mumbai aims to bring together representatives from governments, regulators ...
Monday, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from ...
Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel unde ...
|
|
|
Showing 1426 to 1430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Planning Commission, India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
|
| |
| |
|
