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Saturday, 18 January 20
A 61,400 DWT FIXED FROM SOUTH EAST ASIA DELIVERY EAST KALIMANTAN REDELIVERY WEST COAST INDIA IN THE LOW $7,000S - BALTIC BRIEFING
 Capesize
The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5TC still softened marginally, opening the week at $9,438 and closing it at $8,352, market fundamentals appear to have stabilised with a dismal floor for owners in the Pacific and a tight tonnage situation in the Atlantic commanding a premium. In the Pacific the C5 closed out the week at $6.832 with the Pacific round C10 trading at $3,871. While bunkers gave a bit of reprieve earlier in the week helping owners, voyage rates declined in the Pacific putting earnings at firmly sub OPEX levels for standard vessels. Fixing activity has been mild throughout the week with Friday being very quiet. The Atlantic basin’s C8 closed out the week at $14,440 dropping -$1,035. With Chinese New Year officially starting next week on 24 Jan, most traders will be preparing for an impending quiet market. Whether this results in a ramp up of trading activity in the coming shortened week remains to be seen.
Panamax
A fluctuating week in the Panamax market. After a slow start it showed small green shoots of recovery by mid-week only for activity to appear to slow again come the end of the week. However, these gains are still some way shy of levels the market witnessed only one month ago. East coast South America again continued to be the main driver lending support to the market not only in the Atlantic but also south east Asian tonnage positions. A rate of $15,000+$500,000 was concluded on an 82,000dwt for East Coast South America to Far East. The Pacific market saw some improvement with healthier demand in the north with an 82,000dwt able to achieve $7,500 for a North Pacific trip basis a China delivery, further south the Indonesia round trips were more akin to $5,000+$60,000 gross ballast bonus delivery APS delivery port for 82,000dwt.
Supramax/Ultramax
A lacklustre week again with many areas seeing negative movement. Limited period activity surfaced an Ultramax open north Asia obtaining $10,750 for 4 to 6 months trading, however there was generally a large gap between owners’ and charterers’ ideas. The Atlantic suffered with a plentiful supply of tonnage despite some areas seeing improved enquiry. A 63,000dwt fixing delivery Continent trip redelivery east Mediterranean at $9,500. A 63,300dwt fixed delivery Turkey for a fronthaul at $16,500. As the week closed better levels of enquiry were noted, but again tonnage supply remained strong. From south east Asia a 61,400dwt fixed delivery east Kalimantan redelivery west coast India in the low $7,000s. NoPac business was seen a 58,000dwt fixing delivery on the coast redelivery China at $7,750 plus $250,000 ballast bonus. The Indian Ocean also failed to inspire, a 58,000dwt fixed delivery west coast India redelivery China at $6,000.
Handysize
Overall a slow week with negative sentiment continuing in both basins. Activity from the Atlantic remained limited especially in the US Gulf, Continent and Mediterranean area, whilst east coast South America appeared to be the only exception with rates improving. The $9,000s level was reported on mid to large sized Handy vessels delivery in the US Gulf for a trip to east Mexico or to the UK Continent. A coastal trip from east coast South America paid $12,800 on a 35,000dwt and a similar-sized was fixed from Recalada to southeast Asia at a tick over $17,000. The Pacific market largely weakened with more rates basis APS loading. A 28,000dwt open in Indonesia was fixed at $6,500 basis Australia delivery for a trip to Japan.
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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- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- VISA Power Limited - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
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