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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, 23 May 17
TANKERS WEEKLY MARKET NOTE - ALLIED
It’s been a turbulent couple of weeks on the oil front, with the effectiveness of OPEC’s policy being under debate amongst most traders ...
Monday, 22 May 17
THE SHIPPING INDEX DECLINES AGAIN
COALspot.com: The Freight market again decline this past week, as BDI and all other indexes show a negative trend week over week.
The Baltic E ...
Friday, 19 May 17
U.S WEEKLY COAL OUTPUT UP 1.2% WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.5 million short ton ...
Thursday, 18 May 17
SUPRAMAX : COAL TRIPS TO CHINA WITH VESSELS OPEN INDO HAVE BEEN FIXED AROUND $8000
Supramax
Atlantic market has stayed quiet with no substantial developments.
Cont to Med scrap cargoes have concluded around 11k says Fearnle ...
Thursday, 18 May 17
SOUTHEAST ASIA CAN ACCELERATE ACHIEVEMENT OF PARIS AGREEMENT GOALS - WCA
Low emissions coal in Asia reduces more CO2 emissions than renewable investment in Western Europe.
Investing in low emissions coal plants in S ...
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- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Australian Coal Association
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- The University of Queensland
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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