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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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Saturday, 18 January 20
GERMAN STEAM COAL IMPORTS IN 2019 PLUMMETED BY 17 % - COAL IMPORTERS ASSOCIATION
Press Release: According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), world trade in h ...
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 5T ...
Friday, 17 January 20
EIA ESTIMATES THAT U.S. COAL PRODUCTION DECLINED BY 65 MMST (9%) TO 690 MMST IN 2019. IN 2020, COAL PRODUCTION WILL DECLINE BY A FURTHER 14% TO 597 MMST
U.S. Coal Supply.
EIA estimates that U.S. coal production declined by 65 million short tons (MMst) (9%) to 690 MMst in 2019. In 2020, EIA ...
Friday, 17 January 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index, a gauge of coal p ...
Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize
Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far les ...
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Showing 1186 to 1190 news of total 6871 |
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- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- White Energy Company Limited
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
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