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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 Atlantic business – combined with a little activity in the Pacific – managed to end the week up a tick. While a bottom may have been found, there’s no bull flags as the Capesize 5TC posted up +141 to settle at a low $3369. While most global routes – both on time-charter and voyage – varied little from opening levels at the beginning of the week, the Pacific Round C10 looks to have fared the worst dropping from $6563 to close the week at $4581. Bunker levels have once again been on a downward trajectory ending the week, although high versus low sulphur spreads are said to have widened. The Pacific C5 West Australia to China route settled the week at $4.123 – which equates to a little less than $3000 per day in earnings for a Capesize vessel – and leaves the market still trading well below operating cost levels.
Panamax
Various holidays at the start of the week failed to dampen the Panamax market, with significant gains made in index values. Transatlantic volume was thinner but positive sentiment radiated from good volumes and better rates on the fronthaul trips. South America remained the market’s driving force, with the second-half June arrival window absorbing several vessels throughout the week. Typically, some of the well described units were able to achieve in the region of $12,500+$250,000 mark arrival at South America. The P6 route gained value and was pegged well into the $9,000’s delivery Singapore by the end of the week, impacting positively on south positions in the Pacific basin. The week in Asia started slowly due to the holiday in Singapore. However, solid levels of demand from Indonesia and Australia soaked up tonnage and rates held steady throughout the week, with index tonnage yielding around the $7,250 mark.
Supramax/Ultramax
A short week with activity levels a little slower than the previous week. Period activity surfaced, which some saw as a positive move. There was a 60,000-dwt open north China fixing short period in the high $9,000s. Whilst from the Atlantic, a 58,000-dwt open Mediterranean fixed three to five months Atlantic trading at $8,500. Activity remained subdued from the US Gulf area with limited fresh enquiry. From east coast south America, tighter prompt tonnage helped rates. A 61,000 open up river Plate fixed at $11,250 – plus $125,000 ballast bonus for a trip to south east Asia. A mixed bag from the Asian arena, rates remained firm from the Indian Ocean. A 55,000-dwt fixing delivery South Africa trip Singapore-Japan at $11,500 plus $150,000 ballast bonus. In south east Asia rates traded sideways as the week ended, with a 58,000 fixed from Vietnam via Australia redelivery Singapore-Japan at $7,000. There was more activity on nickel ore business with a 57,000-dwt open CJK fixing in the mid $7,000s.
Handysize
A short week with east coast South America and the Pacific lending strong support for Handysizes. Slightly more cargoes circulated from the continent and Mediterranean, whilst owners showed some resistance towards the end of the week. Despite the US Gulf remaining weak, positive sentiment from other key regions pushed the rates higher and led the BHSI with a continued improvement. A 36,000-dwt was fixed from Liverpool for a trip to Darrow at $4,000. A 28,000-dwt open Myanmar end May was fixed at $6,750 for a trip via east coast India to China. A 39,000-dwt, meanwhile, was fixed from Esperance for a grain trip to China at $10,000. On the period front, a 33,000-dwt open in the Philippines in end June/beginning July was fixed on index-linked basis for about seven / nine months worldwide redelivery at 88 percent of BSI58 10TC.
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
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