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Capesize Vessels
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China Port Congestion Eases for Capesize Vessels
Dec 12, 2015Congestion at most Chinese ports has eased further over the past week due to a general improvement of the weather, a port agent source said Wednesday. Dense fog, strong winds, heavy rain and snow made several China ports close from time ...
Tags: Capesize Vessels, Iron Ore
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Asian Iron Ore Prices Hit $44/Dmt, Lowest Recorded on Iodex
Nov 25, 2015Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...
Tags: Seaborne iron ore, steel, ore
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South African Richards Bay Coal Terminal's Exports of Coal in May Rose 28% Year on Year
Jun 6, 2014South African Richards Bay Coal Terminal's exports of coal in May rose 28% year on year to 5.58 million mt, which was 2.3% higher month on month, according to port operating data published Thursday. RBCT said the exports were shipped in ...
Tags: Coal, Metallurgy, Mineral, Energy
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Indonesia Plans to Build 14 Dedicated Coal Terminals to Prevent Illegal Coal Exports
Jun 4, 2014Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
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China's SSEFC Plans to Release the First Freight Contracts
Jun 4, 2014China's Shanghai Shipping Freight Exchange plans to launch dry bulk freight futures contracts on June 18, the first of its kind in the global freight market, SSEFC President Yu Jun said late last week. "Being the first to launch such a ...
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Sentiment in India Bodes Well for The Indonesian Thermal Coal Market
May 27, 2014Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
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Moody's Has Changed Its Outlook for The Global Shipping Industry to Stable From Negative
May 1, 2014Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
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South Africa's Richards Bay Coal Terminal Exported 4.6 Million Mt of Coal in January
Feb 11, 2014South Africa's Richards Bay Coal Terminal (RBCT) exported 4.6 million mt of coal in January, tumbling 33% on-month from the 6.8 million mt shipped in December, according to the latest operating data released by the port Friday. January ...
Tags: Coal Terminal, Mineral
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Panamax Coal Freight Rates on Established Routes Jumped Friday as Grain Activity
Jul 18, 2013Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India jumped Friday as grain activity on the Atlantic continued to lend support, sources said. Since activity on the west coast of India ...
Tags: Coal, Metallurgy, Mineral, Energy
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Panamax Coal Freight Rates Helped by Robust Activity in The Atlantic Basin
Jul 3, 2013Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week higher Friday, helped by robust activity in the Atlantic basin. "The Atlantic basin is firm for both Supramaxes and ...
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Mina Invierno Said a Spokesman for One of The Mine Owners Wednesday
Jun 24, 2013Chile's newest and largest coal mine, Mina Invierno, which started production in January has to date exported a total 435,000 mt of thermal coal in five vessels, including two Capesize [around 300,000 mt] cargoes to India, said a spokesman ...
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Panamax Coal Freight Rates on Established Routes
Apr 23, 2013Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India jumped Friday due to a large number of fixtures for grain cargoes in the Atlantic basin, market participants said. "Some of the ...
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Coal Exports From South Africa's RBCT Soared to a 15-month High of 7.49 Million Mt
Apr 11, 2013Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) soared to a 15-month high of 7.49 million mt in March, jumping 37.4% month-on-month and 20% year-on-year, the latest operating data released by the port Tuesday showed. ...
Tags: Coal exports, Chemicals
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Chinese Buyers Remained on The Sidelines
Mar 7, 2013Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal
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Panamax Coal Freight Rates on Established Routes Ended The Week Stable to Slightly Lower
Jan 15, 2013Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week stable to slightly lower on Friday, amid a pick up in fixture activity, even as the market continues to be weighed down ...
Tags: Panamax coal freight, fixture activity, coal