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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.
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Planning Commission, India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
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