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Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize
The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with recent global events to stifle demand. Brazil iron ore flows, hit by recent poor weather, have left the spot cargo market barren. Appallingly low Brazil to China cargo levels were heard in the market on Friday, causing C3 to mark down to $13.575, a drop of $1.49 for the week. In the Pacific, the arrival of tropical cyclone Damien put an anchor on activity out of West Australia, with Dampier needing to close at the end of the week. Bunkers gave some reprieve throughout the week to owner’s earnings, while coronavirus remains the wild card many are unsure how to anticipate. Freight levels are firmly at the bottom of the market. Scrubber-fitted vessels continue to command a healthy premium on cheaper high-sulphur fuel, but a lack of cargo options will be a concern for all owners.
Panamax
An eventful week finished with a contemplative outlook in the market. It began slowly, with a mid-week push particularly from East Coast South America. Elsewhere in the Atlantic the sheer numbers of early tonnage were counterbalancing the limited fresh demand on offer, with many operator ships performing own business. In Asia, the North held firm for much of it, as some positional tightness on a few requirements kept rates at a steady level. Further south, insufficient demand resulted in reduced levels for the shorter duration trips, as tonnage count increased here. Varying rates concluded, including an 82,000dwt ship agreeing $13,500 plus $350,000 ballast bonus for a trip from East Coast South America to the Far East. Another 82,000dwt ship achieved $11,800 plus $180,000 ballast bonus for a similar trip. Meanwhile, in Asia, an 82,000dwt ship agreed $2,500 for a West Australia to China run. A nicely described 84,000dwt ship fixed at $6,000 for a West Australia to Japan coal trip.
Supramax/Ultramax
It was another poor week, with many areas suffering a lack of enquiry and an oversupply of tonnage. Period activity was limited, but a 61,000dwt ship was reported fixed basis delivery Muscat at $7,600 for the first 30 days and $11,000 for balance up to one-year trading. From the Atlantic the only resistance came from owner’s reluctance to send their vessels to the Asian basin. From the US Gulf a 60,000dwt ship fixed in the low $20,000s for a trip to Japan. In contrast from business which kept vessels in the Atlantic, a 55,000dwt ship fixed from the US Gulf for a trip to Turkey in the low $9,000s. The Asian arena struggled, a 50,000dwt ship fixing a coal run from East Kalimantan to India at $2,000. For Pacific round business, a 63,500dwt vessel was reported fixed basis delivery Busan trip via the North Pacific, redelivery Philippines, in the mid $5,000s. Likewise the Indian Ocean suffered, a 57,000dwt ship being rumoured on subjects for a trip delivery Richards Bay, redelivery West Coast India, at $6,000 plus $50,000 ballast bonus.
Handysize
Overall the market was still weak and quiet in both basins, limited activity circulated. Approaching the end of the week, slightly more cargoes were seen in the US Gulf and the rates improved on the larger-sized. A 28,000dwt vessel was fixed from Southwest Pass for a grain trip to Morocco at $6,500, while a 39,000dwt ship was fixed for coal to the US East Coast in the $9,000s basis North Coast South America delivery in early part of the week. In the Continent, a 34,000dwt ship was fixed for moving scrap cargo to the Black Sea at $7,500, whilst from East Coast South America, a 35,000dwt ship was booked for a trip to the Baltic at a similar rate. More spot tonnage continued building up. There was no sign of improvement in the Pacific, with coronavirus situation ongoing.
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Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
Monday, 06 July 20
INDONESIAN COAL PRICE REFERENCE IN FREE FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 06 July 20
SUPRAMAX: A 58,000-DWT FIXING DELIVERY VIETNAM TRIP VIA INDONESIA RE-DELIVERY WEST INDIA IN THE LOW $4,000S
Capesize
The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year. The rally is p ...
Thursday, 02 July 20
PRIVATE COAL MINING MAY SEE WEAK INVESTOR SENTIMENT: ICRA - LIVEMINT
The prospects of commercial coal mining in India may be dimmer than initially expected because of the expected shift in India’s energy mix fr ...
Wednesday, 01 July 20
THERMAL COAL OPTIONS TRADING LAUNCHED IN CHINA'S ZHENGZHOU - XINHUA
Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China’s Henan Province Tuesday.
It i ...
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- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- White Energy Company Limited
- VISA Power Limited - India
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
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