We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
.jpg) Capesize
The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw a week on week lift of $7,084 to settle at $26,444. As usual, this volatile rise was initially Atlantic Basin lead. Black Sea iron ore fronthaul cargoes supplied the sparking tinder, which took a toll on the already sparse Atlantic tonnage supply. Higher transatlantic rates ensued. The Brazil to China C3 route supplied a timely and healthy amount of cargoes to aggravate the tonnage imbalance. The Pacific Basin showed more of a steady hand in gains early in the week before going full in on Thursday, with an action packed day of fixing. This was particularly evident on the West Australia to China C5 route late into the Singaporean evening. C5 opened the week at $7.205 to close at $9.159. The slightly backward forward curve on the derivatives market is a telling sign of the markets uncertainty in this lift being sustainable. However, for now, the Atlantic remains very tight on tonnage.
Panamax
Most of the excitement emanated from the Atlantic again last week. The continued lack of early tonnage had a profound effect on rates, with transatlantic rates jumping by more than $5,000 and the weighted average up by around $3,000. A Panamax fixed from the Continent for a trip via Murmansk to Jorf Lasfar at $22,000, leading many to complain the index remained under-marked. Fronthaul trades from the North Atlantic also increased, adding fuel to the fire. However, at the end of the week several vessels reportedly failed on Black Sea cargoes. The Pacific market rose steadily throughout the week buoyed by the skyrocketing Atlantic market. Several vessels fixed for US Gulf rounds, again at a premium to Pacific rounds, which improved to very high $12,000s for well described Kamsarmaxes. This was despite a seemingly plentiful tonnage supply. Several period fixtures were reported due to increased paper values, with many of the ships taken basis Atlantic delivery due to the rising spot prices.
Supramax/Ultramax
It was a stronger week again for the Baltic Supramax Index (BSI), mainly due to increased pressure from key areas within the Atlantic. Period activity remained, a 52,000dwt ship, open East Mediterranean, fixing in the upper $11,000s for two to four months trading. Key areas of interest were the US Gulf and Mediterranean, which saw jumps throughout the week. An Ultramax covered a trip to the Continent at around $20,000, while a 58,000dwt vessel fixed at $22,500 for a grain’s run to Japan with delivery Houston. Likewise, from the Mediterranean a lack of fresh tonnage saw an Ultramax being fixed in the $13,000s delivery West Coast India trip via Black Sea redelivery Southeast Asia. From Asia, it was a different story, with a lack of fresh enquiry from the north. A 52,000-tonner open CJK fixed for a trip via Indonesia with redelivery China at $6,100. Backhauls from the area to the Mediterranean were being concluded in the low $3,000s and a split rate.
Handysize
The Baltic Handysize Index (BHSI) had a minor decline when the week first started, but soon returned to positive territory, the US Gulf and East Coast South America lending support. More period fixtures were reported from the area, with large handysize vessels fixing in the mid $12,000s from Santos. Mid-sized vessels were fixing in the high $10,000s, basis Recalada, both for three to five months with redelivery within the Atlantic. A 33,000dwt ship open in the US Gulf mid-July was fixed for two to three laden legs redelivery Atlantic at $10,500. Brokers suggested East Coast South America firmed, with more demand to West Coast South America in particular. Fixtures were reportedly done from $15,000 to $17,000 depending on the size of the ship and the load/discharge. From North Brazil, a 32,000dwt vessel was fixed to the Mediterranean at $10,500. From the US Gulf, a 39,000-tonner was booked for a petcoke stem to Lebanon at $16,000. Rates remained soft in the East. A trip from South Korea to Southeast Asia paid $6,000 and low $5,000s on a small handysize from Malaysia for a quick trip to the Philippines.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...
Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize
The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...
Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...
Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...
Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...
|
|
|
Showing 1301 to 1305 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
|
| |
| |
|
