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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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Monday, 24 October 16
DRY BULK:MARKET ENDS WEEK WITH MIXED REACTIONS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ending with mixed direction as Cape and BDI was declined ...
Thursday, 20 October 16
THE PORT OF NEWCASTLE SHIPPED 16.97 PERCENT MORE COAL IN SEPTEMBER
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,216.7 m ...
Thursday, 20 October 16
A SUPRAMAX HAVE BEEN FIXED AT $12,500 FOR A INDIA TO BANGLADESH TRIP - FEARNLEYS
Supramax
A bit more activities with modest upturn in rates.
According to Fearnleys weekly report, US Gulf trip to Skaw-Passero has seen cons ...
Wednesday, 19 October 16
THE SHIPPING MARKET IS IN A WAIT AND SEE MODE - INTERMODAL
We are now heading towards the end of a rather volatile 2016 for the dry bulk segment. During the last 10 months there were never any clear indicat ...
Tuesday, 18 October 16
COAL PRICES KEPT CLIMBING
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
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- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
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