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Tuesday, 16 July 19
SUPRAMAX: THE ASIAN ARENA WAS SPLIT, WITH A BUILD-UP OF TONNAGE AND LACK OF ENQUIRY IN THE NORTH - BALTIC BRIEFING
.jpg) Capesize
It was a Brazilian affair with a strong splash of bunkers characterising the Capesize market over the past week. Largely traded in European hours, ballaster tonnage was being secured for an ever-tightening window at the end of July. The C3 opened the week at $22.195 to close at $23.864. The lift in voyage rates across the indices on Friday was thought to have been substantially affected by the bunker market, which has been highly volatile this week, particularly in Asia, pushing vessel operating costs up. Trading activity on the West Australian C5 route was relatively mild, with sporadic trading from charterers. The route opened the week at $9.15 to close at $9.509. The Atlantic basin remains tight, although rumours for more competitive offers are being heard in trading. The C5TC continued its rise, closing out on Friday at $27,389 surpassing highs of 2018 while still looking stable and supported.
Panamax
Last Monday started very slowly with little appearing to trade anywhere. However, the market quickly continued its rapid rise as the Atlantic remained starved of early tonnage. In addition, Vale started taking multiple larger units to cover Brazilian iron ore stems to China. Talk of up to 10 vessels being taken in quick succession fanned the flames on an already bullish market, which then saw Panamaxes being taken for two laden legs with minimum durations at $20,000, redelivery in the Atlantic. The East rose steadily, but unspectacularly, until the end of the week. This was driven by Atlantic gains and the paper market, with tonnage in the South fixing South American rounds, or short period, at higher than last done. The North Pacific was subdued until the end of the week. An injection of fresh enquiry from the North Pacific and Australia then saw rates jump further, as charterers were forced to cover with no sign of the market easing in the short term.
Supramax/Ultramax
The Baltic Supramax Index (BSI) remained firmly in positive territory; this was caused by strong demand from the Atlantic. Period activity surfaced, a 63,000dwt vessel fixed delivery North China for approximately four to six months redelivery Singapore-Japan at $10,500. With a lack of fresh tonnage, rates in the Atlantic rose from East Coast South America. Supramaxes were rumoured to have fixed at close to $15,000 plus $500,000 for trips to Singapore/Japan. The Mediterranean/Black Sea also proved fruitful, a 61,000dwt ship was rumoured fixed delivery Canakkale for a trip via the Black Sea and Red Sea with redelivery in Port Said at $17,000. The US Gulf remained firm. From the Continent demand was not as intense. The Asian arena was split, with a build-up of tonnage and lack of enquiry in the North. Further south, activity remained steady. The Indian Ocean also saw better numbers, with Supramaxes seeing close to $14,000 plus $400,000 ballast bonus, delivery South Africa redelivery Singapore/Japan. The attraction from the Atlantic drew vessels away from the area.
Handysize
Overall, it was a positive week for the Baltic Handysize Index (BHSI), with Atlantic routes further improving but the Pacific basin again easing. East Coast South America and the US Gulf market remained active and brokers also suggested the tonnage list appeared to be tight from the Black Sea. On the period front, a 35,000-tonner was fixed from Rio Grande at a rate in the low $13,000s for three to five months. From East Coast South America, a coastal trip was reportedly done at $14,000 on a small-sized Handysize vessel. A trip with sugar to China paid $16,000 on a 36,000dwt ship. Otherwise, a 36,000-tonner open Norway was fixed for a trip to the US Gulf at $9,000 for the first 45 days and $11,500 thereafter. Little was reported from Asia this week.
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Wednesday, 24 April 19
PANAMAX: IN THE EAST, THE MARKET MOVED SIDE-WAYS, WITH FEWER COAL CARGOES FROM INDONESIA PUTTING PRESSURE ON RATES - INTERMODAL
Sentiment in the Dry Bulk market slowly but steadily kept improving last week as Capesize rates remained in recovery mode and Panamax earnings also ...
Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...
Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants
Surge in coal imports has now forced Coal India Ltd (CIL) ...
Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...
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Showing 1411 to 1415 news of total 6871 |
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- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
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