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Monday, 25 January 21
ULTRAMAX YET ANOTHER POSITIVE WEEK FOR THE SECTOR, WHICH SAW INCREASED DEMAND ACROSS ALL BASINS - BALTIC BRIEFING
Capesize
The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down -884 to $24,631. This was a positive difference of $733 to the beginning of the week. The market was not without plenty of activity as the Atlantic Basin continues to maintain a strong positive sentiment with the Transatlantic C8 sitting at $36,425 against the Transpacific C10 at $17,133. Hampering logistics efforts in the Pacific had Cyclone Lucas kicked off the cyclone season in the North-West Australia region. The West Australia to China C5 had a decline in value this week of 0.941 to settle at $7.873. The activity out of Brazil has been tense with a standoff between charterers and owners breaking now slightly to the downside. The Brazil to China C3 now trades at $19.245. Period activity has been ticking over at a healthy level as the strong case for this year continues to hold.
Panamax
The week began sedately across the board with markets attempting to find direction. Downward pressure came initially from falling FFA values and a lack of demand early in the week forcing some cheaper levels to be conceded by owners. In the North Atlantic, trades involving breaching INL and forcing ice commanded premium numbers. And with continued tonnage tightness in the north, rates held firm for large parts. Asia trading ticked over with rates relatively steady all week. But all the talk midweek was focused on South America with a very active couple of days. Wednesday – and particularly Thursday – with talk of in excess of 20 ships placed from the market, as the market protagonists booked cover for end February/early March arrival dates at loadport. Period activity included an 82,000-dwt delivery China for five to eight months at $14,000 and an 82,000-dwt delivery North China agreeing $13,500 for 12 months employment.
Ultramax/Supramax
Yet another positive week for the sector, which saw increased demand across all basins. Increasingly, charterers are seeking period cover. A 58,000-dwt open China fixing at around $13,000 for six to nine months trading and an Ultramax size scrubber fitted fixing in the $14,000s. From the Atlantic, east coast South America remained active a 58,000-dwt covering a trip to Bangladesh at $15,000 plus $500,000. Continent – Mediterranean areas also remained firm with Ultra’s seeing in the mid $13,000s for trips to South America. From Asia again the market remained firm. A 61,000-dwt open Japan fixing at $13,000 for a north Pacific round voyage and a 56,000-dwt open north China fixing a trip to south east Asia at $9,250. The Indian Ocean saw increased activity with a 58,000-dwt fixing a trip from South Africa to China at $13,500 plus $350,000 ballast bonus. Meanwhile, a 53,000-dwt fixed a trip delivery west coast India via Arabian Gulf redelivery Bangladesh at $14,000.
Handysize
Both the overall index and the time charter average landed in positive territory this week. Key markets in the Atlantic gradually improved throughout the week. Trading became more active since midweek including some period deals concluded. From east coast South America, a 34,000-dwt and a 38,000-dwt both delivery Santos were fixed for a trip to Morocco at $13,500 and $14,250 respectively. A 38,000-dwt open in the US Gulf was fixed for moving petcoke to the Mediterranean in the $17,000s after she was failed on subjects for a trip to Algeria at $17,500 early of the week. Meanwhile, rates also climbed further in the Pacific as expected. Brokers suggested the tonnage count declined, especially in the Far East, whilst bad weather continued causing delays. A 33,000-dwt delivery Japan was fixed for a NoPac grain trip to South Korea at $10,500.
Source: The Baltic Briefing
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Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
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- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
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