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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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Sunday, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company&r ...
Thursday, 15 November 18
OIL MARKET REPORT: HEEDING THE WARNINGS - IEA
In last month’s Report, we noted that since the middle of the year oil supply had increased sharply, with gains in the Middle East, Russia an ...
Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
...
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing ...
Tuesday, 13 November 18
INDIA: POWER DEMAND UP; COAL STOCKS AT MINES AT A 5-YEAR LOW - FINANCIAL EXPRESS
Stocks at Coal India mines plunged to a five-year low of 21 million tonne (mt) in October, as a sudden surge in demand for the fuel from the power ...
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- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
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