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Saturday, 11 January 20
SUPRAMAX: INDONESIA COAL RUNS, A 58,000DWT SHIP WAS RUMOURED FIXED DELIVERY KALIMANTAN, REDELIVERY WEST COAST INDIA, IN THE $4,000S - BALTIC BRIEFING
.jpg) Capesize
Closing out the first full trading week of 2020, the Capesize market is struggling to gain any solid positive upward traction. Opening the week at $10,825, the Capesize 5TC fell away to $9,020, before staging a small rally to close Friday at $9,438. The Pacific Basin fared much worse than the Atlantic, voyage rates were under strong pressure earlier on, with owners coming close to zero on earnings. Geopolitical troubles in the Middle East kept fuel prices strong adding to the cost woes for owners in this post-IMO 2020 era. High very low sulphur fuel spreads now range north of $300 in Singapore. Rates for transatlantic routes were seen to hold up better with tonnage to cargo ratios at healthier levels, the C8 ending the week at $14,500. Backhaul C16 was seen to take continual losses throughout the week closing Friday at -$4,000 as owners look to invest in re-positioning their vessel into the Atlantic.
Panamax
An active week with healthy volumes of fixing, particularly in the Atlantic, with East Coast South America grain demand for end January/beginning February shipment dates supporting the market here. There was limited transatlantic activity, but at the start of the week an 82,000dwt ship was able to achieve $12,000 for a trip via the Baltic to the Continent. On longer duration trips, an 82,000dwt vessel agreed $14,000 delivery North Coast South America for a transatlantic round. The highlight from East Coast South America to the Far East was a very nicely described 82,000dwt ship achieving $14,750 plus $475,000 ballast bonus. Conversely at the lower-end, a similar sized ship only achieved $13,100 plus a $310,000 ballast bonus. In Asia there was limited activity from the North Pacific and with Australian exports appearing slower rates continued to fall. A 75,000dwt ship was fixed for an Indonesian round trip delivery, arrival Indonesia, at $5,250 plus $55,000 ballast bonus. An 81,000dwt vessel was able to achieve a notable $7,500 for a North Pacific round with petroleum coke involved.
Supramax/Ultramax
A dramatic difference from this time last year, with the Baltic Supramax Index (BSI) closing the first week at 570, whilst in 2019 it was 946. Many said the Atlantic remained uninspiring. From East Coast South America, a 53,000dwt vessel rumoured fixed delivery Recalada for a transatlantic run in the mid $9,000s. From the US Gulf, a 63,000dwt ship was reported fixed for a trip to the Mediterranean in the mid $18,000s with petroleum coke. A 60,200dwt ship was also fixed from the area for a trip to Southeast Asia in the low $18,000s. The Asia market had a poor start to the year, with a lot of prompt tonnage. Ultramaxes seeing in the $7,000s for Australian rounds, whilst for Indonesia coal runs, a 58,000dwt ship was rumoured fixed delivery Kalimantan, redelivery West Coast India, in the $4,000s. The Indian Ocean also lacked support, a 55,000dwt ship fixing delivery Mongla trip, via East Coast India, to China in the high $3,000s.
Handysize
First week back for many was not inspiring, with rates in many areas under negative pressure. The Baltic Handysize Index (BHSI) started the week at 443 to close at 408. In the Atlantic it was a mixed bag, a 35,000dwt ship fixing delivery East Coast South America, redelivery West Coast South America, in the mid $16,000s. Whilst from the Mediterranean, a 33,700dwt ship was reported fixed delivery Canakkale trip via the Black Sea, redelivery Tunisia, in the low $4,000s. The Asian Basin remained in the doldrums, with routes throughout the week losing ground. A 28,000dwt ship rumoured fixed delivery Japan trip South East Asia at $5,500. As the week closed, a 35,000dwt vessel was rumoured fixed from the Far East to the Mediterranean basis bunkers only. The Indian Ocean saw a bit of activity, a 32,200dwt vessel was fixed delivery Karachi, redelivery South East Asia, in the mid $7,500s. Market participants looking firmly forward to see instability remains.
Source: The Baltic Briefing
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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 ...
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Showing 6 to 10 news of total 6871 |
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- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Australian Coal Association
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- MS Steel International - UAE
- GMR Energy Limited - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
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