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Monday, 29 June 20
ULTRAMAX: A 58,000 FIXING DELIVERY SINGAPORE TRIP, VIA EAST COAST INDIA, REDELIVERY CHINA IN THE LOW $12,000S - BALTIC BRIEFING
 Capesize
As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a barrage of negative factors, the capesize 5TC market has outperformed in spectacular fashion to now reside at $29,641 said Baltic Briefing in its ;attest weekly report.
According to Baltic Briefing, breaking for a pause early on in the week, the market renewed conviction mid-week to push higher on the back of the tight tonnage supply in the Atlantic. This is often the case after periods of prolonged weak fundamentals. Vessels are now being seen changing hands in healthy trading, while iron ore pricing continues to support cargoes coming to market. The Brazil to China C3 is now trading often north of $20 as Vale has been active throughout the week amongst other traders. News of a lessening of the east Australian quarantine measures is a heartening sign that some regions have been able to tackle their Covid-19 issues. The west Australia to China C5 lifted early in the week, before flattening off to now price at $9.723.
Panamax
Commenting on Panamax, Baltic Briefing noted that, the activity appeared a lot more passive this week, which was largely attributed to charterers taking stock of their books. This, coupled with owners’ reluctance to reduce their offers, resulted in an inevitable standoff during the first half of the week. However, in the north Atlantic, solid demand for both trans-Atlantic and front haul trips saw rates continue to rise with $13,000 agreed for an 82,000dwt delivery this side for an Atlantic round trip.
In Asia, Baltic Briefing says, trading was somewhat curtailed by Chinese holidays. But with a fresh batch of cargo flow, ex Indonesia parallel to a steady flow ex Australia and NoPac, rates for Pacific rounds averaged out in the upper $9,000’s. Meanwhile, a very nice spec kamsarmax achieved low $11,000’s delivery Japan for a NoPac round trip. Period activity was negligible this week with significant falls on the FFA market.
Supramax/Ultramax
A mixed week for the BSI, whilst overall the index remained in positive territory. With Asian holidays taking place, the routes within this area lost ground.
According to Baltic Briefing, period activity remained buoyant with a 63,000 open US east coast fixing three to five months trading redelivery Atlantic at $12,000 – and a 57,000 open Indian Ocean fixing five to seven months trading at $12,500. From the Atlantic, sentiment remained strong with tight tonnage supply in many areas. A 63,000 being fixed delivery Mediterranean for a trip via the Baltic redelivery east coast India at around $13,500. From the US Gulf, ultramaxes were seeing in the $17,000’s for trips to the east.
The Indian Ocean according to Baltic Briefing, remained firm with a 58,000 fixing delivery Singapore trip, via east coast India, redelivery China in the low $12,000s. Asia remained a little more subdued, with a 55,000 fixing two to three laden legs delivery CJK in the mid $8,000s. Market direction next week will prove interesting.
Handysize
Brokers remained cautiously optimistic looking forward into next week, with another positive week for BHSI routes. The market pushed further in the US Gulf, whilst charterers continued paying up. There was a fair amount of volume moving in east coast South America but slightly slowed down towards the weekend. Both HS3 route from east coast South America and HS4 route from the US Gulf have been climbing consecutively over a month, with an overall gain over $2,000 respectively.
A 37,000-dwt Baltic Briefing said, was fixed from Rio Grande for a trip to the Continent at mid $9,000s. A 37,000-dwt open Ilheus was fixed for a grain trip to the Black Sea at $9,500, whilst a 37,000-dwt delivery in the Baltic was fixed for a trip with coal to north Spain at $7,500. In the East, the positive trend also resumed with a 28,000-dwt open CJK fixing for a trip via South Korea to Singapore at $7,500.
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Wednesday, 24 April 19
PANAMAX: IN THE EAST, THE MARKET MOVED SIDE-WAYS, WITH FEWER COAL CARGOES FROM INDONESIA PUTTING PRESSURE ON RATES - INTERMODAL
Sentiment in the Dry Bulk market slowly but steadily kept improving last week as Capesize rates remained in recovery mode and Panamax earnings also ...
Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...
Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants
Surge in coal imports has now forced Coal India Ltd (CIL) ...
Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...
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Showing 1411 to 1415 news of total 6871 |
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- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Australian Coal Association
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
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