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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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Tuesday, 31 March 20
COAL POWER REMAINS IN GLOBAL DECLINE, DESPITE CHINESE SURGE - SYDNEY MORNING HERALD
The impact of coronavirus has prompted a surge in coal-fired power plant construction permits in China, with the Chinese government issuing more pe ...
Monday, 30 March 20
CORONAVIRUS - IMPLICATIONS FOR SHIPS AND CREW - GARD
KNOWLEDGE TO ELEVATE
Countries around the world are strengthening their border control measures in order to prevent the further spread of COVI ...
Monday, 30 March 20
LAY-UP AND RE-ACTIVATION REVISITED - GARD
KNOWLEDGE TO ELEVATE
The COVID-19 pandemic has affected the maritime industry in previously unthinkable ways. Ports around the world are denyi ...
Monday, 30 March 20
PANAMAX: INDONESIA LACKED VOLUME, PARTLY DUE TO FORCE MAJEURE IN INDIAN PORTS - BALTIC BRIEFING
Capesize
As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions o ...
Saturday, 28 March 20
ASIA'S COAL MARKETS DIVERGE ON QUALITY LINES AS CORONAVIRUS HITS INDIA - REUTERS
Asia’s seaborne coal market is increasingly diverging between higher-quality Australian coal, where prices are holding up despite the economi ...
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Showing 1036 to 1040 news of total 6871 |
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- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
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