We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 04 July 18
TANKER MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2 years tanker briefing in tanker asset prices
The tanker market is undoubtedly passing one of its’ roughest times over the la ...
Tuesday, 03 July 18
COAL, THE SECOND MAIN COMMODITY FOR CAPES, HAS BEEN SHOWING A REMARKABLE RISE IN TRADE VOLUMES IN THE YEAR SO FAR - THOMAS CHASAPIS
Having reached the mid-point in the year, it seems to be a good time to summarize the overall trends noted in the Dry Bulk sector and more specific ...
Tuesday, 03 July 18
SUPRAMAX: A 56,000-DWT WAS FIXED BASIS DELIVERY SINGAPORE TRIP VIA INDONESIA, REDELIVERY CHINA, AT $12,100 - BALTIC BRIEFING
Capesize
The market generally drifted and by mid-week dropped to what some felt was an artificially low level, only to bounce back at the end o ...
Tuesday, 03 July 18
COAL OVERTAKES IRON ORE IN GOVERNMENT FORECASTS AS AUSTRALIA'S LARGEST EXPORT FOR 2018-19 - MINERALS COUNCIL OF AUSTRALIA
Coal is forecast to be Australia’s largest export earner at $58.1 billion in 2018-19 with iron ore exports forecast to earn $57.7 billion in ...
Monday, 02 July 18
THIESS SECURES NEW QCOAL NORTHERN HUB $480M CONTRACT
Thiess has been awarded a new A$480 million contract by QCoal to continue operations at the QCoal Northern Hub located in Queensland’s Bowen ...
|
|
|
Showing 1681 to 1685 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
|
| |
| |
|
