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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
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, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
...
Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Australian Coal Association
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
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