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Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. Activity in the Pacific gradually picked up midweek after a public holiday in Singapore on Monday. The West Australia to Qingdao iron ore trade climbed closer to $11, with fixtures reported at better rates towards the end of the week. Meanwhile, the market saw a lowering of vessels in ballast able to make end July dates – or even early August – loading in Brazil. Quite a few cargoes from Brazil and West Africa were fixed to Qingdao, with a China-Brazil round trip paying nearly $20,000 per day. In the North Atlantic, rates roared on both transatlantic and fronthaul trips. The latter remained as the most rewarding route pricing at $53,611 to perform a run from Continent/Mediterranean to the Far East.
Panamax
The Panamax market provided further losses this week and is showing little signs of abating. Despite a steady level of activity, this failed to stem the tide with both basins yielding significant losses. The Atlantic saw rates erode for a further successive week, as pressure from the nearby and committed ships continued to underpin the market. From East Coast South America, the focus this week was on end July arrival with APS load port rates now hovering around the $20,000 + $1,000,000 mark, but continued to ease throughout the week. Asia similarly witnessed another week of falls. Again a lack of demand on the longer round trips added further pressure to an already weak market. There were reports midweek of a 75,000-dwt delivery Japan achieving $16,000 for a NoPac round trip, but activity remained light as the market drifted. Like previous weeks, older and smaller units tended to soak up much of the limited Indonesia demand.
Ultramax/Supramax
Sentiment waned in most areas, with the exception being from the US Gulf. Rates remained relatively firm from there for both runs to the Pacific and within the Atlantic. Limited fresh enquiry elsewhere saw a build up of tonnage leading to downward pressure on rates. Little period cover was heard, but a 64,000-dwt open China was heard to have been covered $24,000 for one year. In the Atlantic, from East Coast South America, a 63,000-dwt was heard fixed at $18,000 plus $800,000 ballast bonus for a trip to China. From the US Gulf a 58,000-dwt was heard fixed delivery SW Pass redelivery Turkey in the mid $30,000s. There was a good supply of prompt tonnage in the Asian arena, with a 56,000-dwt open Indonesia now seeing in the low $20,000s for trips to China. Backhaul demand eased as well. However, a 63,000-dwt open Dafeng mid-July was heard fixed via Taiwan redelivery Continent with steels at around $30,000.
Handysize
East Coast South America made positive gains over the week with sources citing a lack of tonnage for end July as the main driving force. A 38,000-dwt was heard to have been fixed for a trip from South Brazil via River Plate to Morocco at $30,000. A 28,000-dwt open in Rio Grande fixed via River Plate to Greece at $22,000. The Mediterranean was also more active. A 35,000-dwt fixed from Canakkale via Black Sea to Tunisia at $16,000, whilst a smaller unit fixed a similar trip from Marmaras in the mid teens. In Asia, activity had been limited and sentiment remained soft. A 38,000-dwt was rumoured to have been fixed for a trip from CJK via Indonesia to Japan at $21,000 and a 40,000-dwt fixed from Lanshan via Japan to New Zealand at $15,000 with a cargo of cement.
Source: Baltic Exchange
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Tuesday, 31 March 20
COAL POWER REMAINS IN GLOBAL DECLINE, DESPITE CHINESE SURGE - SYDNEY MORNING HERALD
The impact of coronavirus has prompted a surge in coal-fired power plant construction permits in China, with the Chinese government issuing more pe ...
Monday, 30 March 20
CORONAVIRUS - IMPLICATIONS FOR SHIPS AND CREW - GARD
KNOWLEDGE TO ELEVATE
Countries around the world are strengthening their border control measures in order to prevent the further spread of COVI ...
Monday, 30 March 20
LAY-UP AND RE-ACTIVATION REVISITED - GARD
KNOWLEDGE TO ELEVATE
The COVID-19 pandemic has affected the maritime industry in previously unthinkable ways. Ports around the world are denyi ...
Monday, 30 March 20
PANAMAX: INDONESIA LACKED VOLUME, PARTLY DUE TO FORCE MAJEURE IN INDIAN PORTS - BALTIC BRIEFING
Capesize
As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions o ...
Saturday, 28 March 20
ASIA'S COAL MARKETS DIVERGE ON QUALITY LINES AS CORONAVIRUS HITS INDIA - REUTERS
Asia’s seaborne coal market is increasingly diverging between higher-quality Australian coal, where prices are holding up despite the economi ...
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Showing 1036 to 1040 news of total 6871 |
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- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Australian Coal Association
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
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