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Monday, 06 July 20
SUPRAMAX: A 58,000-DWT FIXING DELIVERY VIETNAM TRIP VIA INDONESIA RE-DELIVERY WEST INDIA IN THE LOW $4,000S
Capesize
The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year. The rally is predominately off the back of the Atlantic Basin crying out for more tonnage, the Baltic Briefing reported in its latest weekly report.
Atlantic charterers from Eastern Canada and Norway are seen to be paying large voyage rates to deliver their iron ore product to China. Iron ore prices have come off recent highs, yet the levels still remain a bonus for miners looking to take advantage – freight costs are an after-thought. The Baltic Briefing further noted that, the Atlantic Basin Transatlantic C8 broke through the $30,000 level with ease, settling the week at $36,225. The Pacific Basin C10 had more of a struggle in gaining ground with a lull midweek, before closing Friday at $33,529. Voyage routes all posted gains – although price discovery was difficult across the board with rumour and speculation playing a big roll. The West Australia to China C5 gained exactly $1 to settle at $10.723 while the Brazil to China C3 dipped for most of the week before lifting Friday up $0.83 cents to settle at $20.75.
Panamax
Commenting on Panamax sector, the Baltic Briefing noted that, the Panamax market initially appeared sluggish with rates in Asia slowly falling throughout the week. In contrast, the Atlantic – and in particular the north – held firm for the most part. By midweek it saw some significant pick-up in activity from South America, which sustained as the week ended.
The Baltic Briefing further said in its latest report that, with talk of a healthy grain crop to come from the Black Sea for the second half of July and August, this appeared to support the market in many areas. And, with a large push from FFA’s and Capesize rises on Thursday, sentiment quickly turned positive. Trans-Atlantic rates for index duration picked up from mid $12,000’s to $13,000 by the end of the week. Meanwhile, the quicker Baltic round trips to Med/Continent featured at around the $15,000 mark. In Asia, despite a lack of fixing volume, mean rates for NoPac rounds for 82,000dwt pegged at approximately $9,500 levels.
Supramax/Ultramax
The overall market was split between the basins with the Atlantic gaining momentum, whilst Asia and the Indian Ocean dampened said the Baltic Briefing. Little in the way of period activity surfaced – but a 56,000-dwt open Fujairah fixed four to six months, trading in the mid $12,000s. As the week ended, stronger rates were seen in the Mediterranean and Black Sea areas. A 63,000-dwt fixing in the upper $16,000s basis delivery Canakkale for a trip far east.
According to the Baltic Briefing, brokers also commented that from the US Gulf, Ultramax size vessels were seeing around $15,000 for trans Atlantic runs. Demand in the Indian Ocean weakened a little. However, a 55,000-dwt fixed delivery Singapore trip – via east coast India – redelivery China at $9,000. Rates for Indonesian coal runs were also lower than of late. A 58,000-dwt fixing delivery Vietnam trip via Indonesia redelivery west India in the low $4,000s. Further north a 57,000-dwt fixed delivery CJK trip redelivery west coast India at $3,000.
Handysize
The BHSI climbed above 400 points this week, which was last seen during end March this year. East coast South America was the brightest spark. The HS3 route for transatlantic run achieved a $10,000 benchmark basis for a Baltic 38,000-dwt vessel. However, the Baltic Briefing said, signs of softening showed in the east, whilst some Pacific route indices started declining. On the period front, a 37,000-dwt open Hamriya next week was fixed at $11,750 with redelivery in Persian Gulf / China range – but the duration was not clear.
According to the Baltic Briefing, a 34,000-dwt open Canakkale in mid-July was fixed for a trip via the Black Sea to Southeast Asia at $11,500. Meanwhile, a 28,000-dwt was booked for two laden legs Brazil coastal run at $8,750, basis Praia Mole delivery and Paranagua-Rio Grande range for redelivery. Lastly, a 32,000-dwt open New Zealand was fixed for moving logs back to Singapore-Japan at $7,500.
A similar-sized open in Vietnam was fixed to Bangladesh at $6,750 and another Handy open CJK was fixed via CIS to China at $6,300.
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Thursday, 11 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
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Showing 916 to 920 news of total 6871 |
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- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Planning Commission, India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- PTC India Limited - India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Minerals Council of Australia
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