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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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Wednesday, 20 March 19
COAL EXPORT FEARS RESURFACE AS RESTRICTIONS HIT MORE CHINESE PORTS AND AUSTRALIAN PRICES COP A 'BELTING' - ABC
Australian thermal coal exports to China are under increasing pressure, with indications import restrictions are spreading to other key ports.
...
Monday, 18 March 19
A 56,000DWT SHIP FIXED DELIVERY FOR A SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY CHINA, AT $10,000 - BALTIC BRIEFING
Capesize
The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacif ...
Saturday, 16 March 19
AUSTRALIAN COAL STILL FACING CHINESE DELAY - AAP
Australian coal exports to China are still facing delays, with protectionism and environmental checks blamed for the slowdown.
Coal ...
Thursday, 14 March 19
SUPRAMAX: INDO COAL CARGOES GETTING FIXED AT AROUND US$ 12000 TO CHINA - FEARNLEYS
Capesize
Average daily earning still well below operating costs, and owners keep bleeding - but nevertheless finally some bright spots for the ...
Monday, 11 March 19
SUPRAMAX: A 61,000 DWT VESSEL WAS BOOKED SINGAPORE FOR A TRIP VIA INDONESIA TO CHINA AT $10,500 - BALTIC BRIEFING
Capesize
A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in ...
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Showing 1446 to 1450 news of total 6871 |
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- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Deloitte Consulting - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
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