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Sunday, 17 May 20
A 55,000 OPEN ILIGAN FIXING AT $6,500 VIA INDONESIA REDELIVERY INDIA - BALTIC BRIEFING
Capesize
A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per cent in value. A small rebound at the end of the week gave slim hopes that the market may recover faster than anticipated. The Capesize 5TC lifted +402 to close the week out at $2394. Market troubles have been well brewed this year. With a concoction of interrupted cargo supplies, vessels racing on cheap bunkers, weather events, and demand destruction amid the Covid-19 pandemic, the market is in need of a positive. The iron ore stockpile situation in China has inventories dropping sharply, which will surely require tonnage. Half way through Q2 – and with many economies looking to re-open – there is talk of infrastructure spending to rekindle the flames, which will again require iron ore. While not an immediate relief, prospects are not all bleak. The West Australia to China C5 closed up +.314 to close the week at $3.942. While the Brazil to China C3 was heard to be better bid closing out the week up +.28 settling at $6.975.
Panamax
Rates in the Atlantic came under severe pressure this week. Sizeable losses on the respective routes, with absent mineral demand and long tonnage counts alleviated by ballaster numbers from the East in recent weeks, only compounded a bleak situation. Asia appeared to resist the negative sentiment emanating from other areas. There was a healthy volume of fresh enquiry and volume of fixtures, with the North Pacific seeing a steady flow of enquiry. However, minerals from Australia and Indonesia were the more dominant. End-week rates here were looking softer in most areas. EC south America saw healthy levels of fixing throughout the week but index-type tonnage by Thursday were only capable of achieving sub $11,500 + $150,000 numbers delivery at the port with a ballast bonus. NoPac rounds in the pacific hovered around the $6,000 for 82,000dwt, whilst the median rate for shorter Indonesian round trips lent towards the $5,000 mark.
Supramax/Ultramax
With a few areas in the world slowly getting back to a ‘new normal’, demand on the Ultramax/Supramax size increased. However, this split into two main camps with the Atlantic overall still soft, whilst from Asia and the Indian Ocean activity levels and rates increased. Little was reported on period activity. But a 56,000-dwt open Kandla was failed for five to eight months trading in the high $5,000s for the first 40 days – and $8,000 thereafter. From the Atlantic, east coast South America lacked enquiry with Supramax being fixed in the $4,000s for transatlantic runs. The east Mediterranean / Black Sea saw increased activity with cargo and tonnage being a little more balanced. All Asian routes gained ground during the week, a 55,000 open Iligan fixing at $6,500 via Indonesia redelivery India. The Indian Ocean had pent up demand, with a 63,000 fixing delivery South Africa for a trip to the Far East at $11,000 plus $150,000 ballast bonus.
Handysize
Midweek, the BHSI reached its lowest point of the year, with the same level last seen in early March 2016. The downward momentum in the Atlantic remained in all key areas. However, positive sentiment gained pace in the Pacific, with better rates discussed and more activity appearing in general. A mid/large Handy vessel was fixed from the north coast South America for a trip to the Far East at a rate close to mid $7,000s. A 37,000-dwt was fixed from Norfolk for a trip to the Continent/Baltic and a 33,000-dwt was fixed from Southwest Pass for a trip to east Mediterranean both at $2,500. In the East, more logs cargoes from New Zealand lent support and put vessels in Southeast Asia in demand. A 33,000-dwt open spot in CJK was fixed at $3,500 for a trip to Southeast Asia.
Source: The Baltic Briefing
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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
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Showing 941 to 945 news of total 6871 |
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- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
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