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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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Monday, 19 December 22
ENERGY CRISIS FUELS COAL COMEBACK IN GERMANY - REUTERS
Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis.
...
Thursday, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
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Showing 166 to 170 news of total 6871 |
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- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- The University of Queensland
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- MS Steel International - UAE
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
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