According to data maintained with SteelMint, bulk vessel Marina L is to discharge 27,000 MT scrap at Kandla port (India west coast).
As per sources vessel was loaded from Australia (Fremantle port), and it is expected to arrive at Kandla port on 12 Dec’16. Till mid of December total 0.14 MnT scrap is expected to be discharged at Kandla port.
More scrap vessels are expected to arrive this month.Out of eleven bulk vessels which were booked by Indian importers during September and October 2016, 6 vessels have arrived and 5 more are yet to come.
According to sources bookings for the shipment were made in late September at an average price of USD 240-250/MT CFR India.
In CY 2016 major Bulk import shipments were recorded from USA (0.45 MnT), South Africa ( 0.13 MnT), Netherland (0.07 MnT) followed by Japan, Sweden and Australia.
In CY2016 (till 10 Dec’16) total 28 bulk scrap vessels had discharged at Indian ports, carrying a total tonnage of 780,790 MT. Bulk scrap imports to India has gone up by 12.5% Y-o-Y from 694,206 MT in 2015.
Scrap demand is supported by rising coking coal price in international market, which has climbed sharply from USD 94/MT in July’16 to current USD 297/MT FOB Australia.
Bulk Vessel Booking by Indian Steel Mills in CY 2016
| Berth Date | Vessel Name | Quantity | Discharge Port | Origin | Buyers |
| 8 Jan 16 | Puget Sound | 22,800 | Kandla | USA | MTC/ASR/Electrotherm /Varsana |
| 15 Jan 16 | Dl Pansy | 42,000 | Kandla | USA | Hariana Group |
| 12 Feb 16 | Tasman Sea | 26,400 | Kandla | USA | ASR/Galant/Varsana /Neelkant) |
| 2 Mar 16 | Elliott Bay | 26,250 | Kandla | USA | ASR |
| 2 Mar 16 | Harmony Sw | 10,500 | Chennai | Australia | MTC |
| 7 Mar 16 | Aurora Bulker | 30,500 | Kandla | USA | Adani/Mono Steel |
| 21 Mar 16 | Postojna | 35,200 | Kandla | Netherland | Varsana/Galantata/ Electrtherm/Neelakanth |
| 23 Mar 16 | Tai Shan | 10,150 | Chennai | Japan | MTC |
| 23 Mar 16 | Sea Star | 44,000 | Chennai | South Africa | MTC |
| 24 Mar 16 | Victoria Harbour | 19,300 | Chennai | USA | MTC |
| 28 Mar 16 | Venture Sw | 9,500 | Chennai | Japan | Kamachi |
| 8 Apr 16 | Team Hope | 31,000 | Kandla | USA | ASR/ Mono Steel / Gallant |
| 14 Apr 16 | Cape Moreton | 27,500 | Chennai | USA | Kamachi |
| 19 Apr 16 | Golden Gemini | 40,500 | Chennai | South Africa | Surya Dev |
| 14 Apr 16 | Stove Campbell | 35,000 | Kandla | USA | MTC |
| 19 Apr 16 | Fortune Epoch | 2,000 | Chennai | Japan | N/A |
| 10 May 16 | Yuan Hang | 6,500 | Kandla | China | N/A |
| 18 May 16 | Loch Melfort | 20,900 | Kandla | USA | Varsana |
| 18 May 16 | Loch Melfort | 9,000 | Kandla | USA | Electrotherm |
| 9 Jun 16 | Sentosa Bulker | 15,130 | Chennai | USA | Kamachi |
| 9 Jun 16 | Sentosa Bulker | 10,000 | Chennai | USA | Kamachi |
| 18 Jun 16 | Calima | 32,800 | Vizag | USA | MTC |
| 1 Jul 16 | Poavosa Wisdom | 19,800 | Kandla | Japan | N/A |
| 8 Jul 16 | Sunrise Bright | 27,500 | Chennai | USA | MTC |
| 19 Nov 16 | Merlin | 44,000 | Kandla | USA | N/A |
| 21 Nov 16 | Christine B | 41,100 | Kandla | Netherland | N/A |
| 8 Dec 16* | Jade | 42,000 | Kandla | N/A | N/A |
| 10 Dec 16* | Essex Strait | 41,000 | Kandla | N/A | N/A |
| 12 Dec 16* | Nordic Dalian | 32,000 | Kandla | USA | Mono Steel |
| 12 Dec 16* | Marina L | 27,070 | Kandla | Australia | N/A |
| Total | 780,790 |
Quantity in MT
Source: SteelMint Stats; Provisional data
* expected at port
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