We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
.jpg) Capesize
Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. Currently the market is at a bit of a standoff, with a wide bid/offer spread. For the West Australia to China, route the rate seems to be hovering around $9.50 level and for Brazil loading region $22.00 level. A Point Lisas to Yantai cargo was covered at $27.00 basis loading end August. Less timecharters have been fixed, with the most recent being the ‘Dione’ (180,132dwt, 2009 build) open Dangjin 6 August at $22,500, for an Australian round voyage, with Panocean. The vessel fixed and failed at a higher level earlier in the week. ArcelorMittal fixed a 2009 built 169,000dwt vessel for their PDM to Fos, mid-August cargo, at $10.50.
Panamax
Throughout last week there was a constant slide in rates and confidence, with much of the recent gains being eroded. The index for transatlantic rounds dropped by almost $4,000 daily, the fronthaul index by $3,335, and the Pacific round by just over $2,500. Towards the end of the week several brokers commented on the North Continent again being very tight for tonnage, with better numbers beginning to be discussed. However this was the only fleeting bright spot all week. The East saw increased cargo volume, especially from Australia, but the plentiful tonnage profile meant that owners continued to have to chase the bids lower, as both the Cape and FFA markets also affected sentiment. Understandably there was less period activity evident, although an Oshima newbuilding Kamsarmax was fixed for one year ex-yard at $15,000.
Supramax/Ultramax
Influenced by the bigger sizes, the Baltic Supramax Index (BSI) had a continuous fall since the beginning of the week. Most of the index routes lost value in both basins and there was limited period activity reported compared with last week. The pressure on US Gulf tonnage was evident, especially for prompt dates and transatlantic runs. In the East, the sentiment showed that owners were considering lower rates for matching the right stems. From East Coast South America, a 50,000dwt ship was fixed for moving sugar to West Africa at $19,000, and a 63,000dwt ship was fixed from Santos for a trip to Chittagong at $15,750 plus a ballast bonus of $575,000. An Ultramax was fixed midweek for petcoke from the US Gulf to Italy at $16,250. By the end of the week the offers for similar trade and route went even lower. In the East, a North Pacific run with grain paid $10,950 on a 61,000dwt vessel basis South Korea delivery. Coal from Indonesia to China paid at mid $8,000s on a 57,000-tonner delivery South China, or mid $9,000s on a similar size basis Hong Kong to India. Nickel ore trade remained active from the Philippines, with a 55,000dwt ship reportedly fixed from Manila to China at $12,000 and a 61,000dwt vessel fixed from Yangjiang at $13,000.
Handysize
Despite three days of no change for the Baltic Handysize Index (BHSI) and minimal improvement throughout the week, the Handysize sector managed to remain in the positive zone. The Pacific market was lending support early in the week, but subsequently slowed down. Brokers suggested the rates for Far East delivery were slightly lagging behind the Southeast Asia delivery. In the Atlantic, further to the US Gulf and East Coast South America’s trend from last week, the Continent market also started to show a weaker sign later in the week. A 28,000dwt vessel was fixed from the Continent to North Brazil at $5,750 with a split rate at $9,250 after 40 days. A 35,000dwt ship was fixed from the US Gulf at $12,000 for a trip to the Continent. From East Coast South America, a coastal run paid at a rate in the mid $13,000s on a 28,000-tonner and about $16,700 for a trip to the Far East on a 33,000dwt vessel. From the Pacific, a large Handysize vessel, open Japan, was booked for a North Pacific round trip at $8,000. A 39,000dwt vessel open Vietnam was fixed to run via Australia and redeliver in Singapore / Japan range at a tick over $10,000.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
|
|
|
Showing 6 to 10 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
|
| |
| |
|
