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Monday, 06 April 20
A 52,000DWT SHIP FIXING DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY TAIWAN, AT $3,100 - BALTIC BRIEFING
 Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordinary before surging on Tuesday prior to the index publishing. Improved South African loading options and activity out of Brazil were cited as the cause. Countering that, Vale announced that same evening it forecast cuts to iron ore output due to Coronavirus lockdowns. The market remains a touch above OPEX levels, with the Cape 5TC closing the week at $5,949. Cargo supply remains weak, while Covid-19 fallout looks set to increase over the coming weeks. The West Australia to China C5 route was at the centre of Tuesday’s lift. It opened the week at $4.223, lifted to $5.395, to close out Friday at $4.923. A wide spread of earnings has now opened between the Pacific Basin C10 at $7,954 and the Atlantic Basin C8 at $4,620. The Baltic Capesize Index (BCI) lifted this week out of negatives, from -91 to 319, illustrating the improved situation.
Panamax
The Panamax market roused in the early part of the week, supported in tandem with FFA gains witnessed. The Pacific has been largely driven by strong demand out of the North Pacific. That has favoured Kamsarmax vessels, which have been fixing at rates ranging from $7,000’s to $8,000s, depending on delivery. South America continued to be the driving force in the Atlantic. However, there were a few signs this was starting to be eroded somewhat by the plausible Ultramax arbitrage opportunities. Nonetheless, decent types were still able to achieve midweek rates in the mid- $9,000’s, some up to $10,000 with Southeast Asia deliveries. Tonnage supply appeared to be building in the North Atlantic, as transatlantic demand slowed. There was very little period talk, but a modern Post Panamax fixed for thirteen to fifteen months, delivery China, for a discounted rate of $4,000 for first 60 days and $8,500 thereafter for balance of period.
Supramax/Ultramax
The influence of the Covid-19 effect was dramatic over the last week, with the Baltic Supramax Index (BSI) losing over 100 points. Period activity remained quiet, but a 62,000dwt vessel, open Taiwan, was rumoured fixed for four to six months in the mid $9,000s. Brokers said the Atlantic lacked impetus, certainly from the US Gulf, with tonnage availability growing. However, in contrast, the South Atlantic saw increased activity. A 63,300dwt vessel fixing delivery Recalada trip, redelivery Morocco, at $10,000. For fronthaul business, Ultramax vessel sizes were getting in excess of mid $11,000’s, plus over $150,000 ballast bonus, redelivery Singapore-Japan. The Asian arena similarly suffered, with little fresh cargo and prompt tonnage availability across the region building. A 52,000dwt ship fixing delivery Singapore trip, via Indonesia, redelivery Taiwan, at $3,100. Further north, an Ultramax was fixed delivery Busan via the North Pacific, redelivery Bangladesh, at around $7,000. Little was seen from the Indian Ocean, but a 56,000dwt ship was fixed delivery Paradip, redelivery China, at $4,700.
Handysize
The slow movement and weakening sentiment from last week further continued, especially in the Atlantic. Pressure on rates remained on more spot tonnage being built up, whilst the overall activity was still minimal in East Coast South America and the US Gulf. However, towards the end of the week, some brokers saw slightly more cargoes in the market for second-half April dates. A 34,000dwt ship was fixed for moving grains from Rouen to the West Mediterranean at $7,100. A 29,000dwt ship, open in Constanza, was fixed for a trip via the Black Sea to Morocco at $6,800. In the East, a 44,000dwt ship, open Singapore, was fixed for a trip via Indonesia to China at $2,500, and a 32,000dwt ship, delivery in Fujairah, was fixed for a trip to Taiwan at $4,500.
Source: The Baltic Briefing
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Thursday, 16 April 20
CHINA'S BENCHMARK POWER COAL PRICE FALLS 5 YUAN PER TONNE - XINHUA
China’s benchmark power coal price fell by 5 yuan (about 70 U.S. cents) per tonne during the past week.
The Bohai-Rim Steam-Co ...
Thursday, 16 April 20
MARKET INSIGHT - INTERMODAL
As everyone anticipated the results of the OPEC + G20 meeting last week, it was very interesting to watch the reaction of tanker rates that were in ...
Monday, 13 April 20
SUPRAMAX: A 56,000DWT SHIP WAS FIXED DELIVERY PARADIP, REDELIVERY CHINA, AT $4,700 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Saturday, 11 April 20
FAQ: COVID-19 AND CLUB COVER - UK P&I
KNOWLEDGE TO ELEVATE
The Coronavirus (COVID-19) pandemic has generated a significant number of enquiries and questions from Members in recent ...
Saturday, 11 April 20
KOEN POWER PLANTS INVITED BIDS FOR 1.5 -1.62 MMT OF STEAM COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,500,000-1,620,000 Metric Tons (M ...
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Showing 1016 to 1020 news of total 6871 |
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- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- The University of Queensland
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
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