We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 21 August 13
RATES FOR CAPES MOVED DECISIVELY NORTH THIS WEEK - INTERMODAL
 COALspot.com - Right when the BDI seemed ready for another dive below the 1000 points level, the Dry Bulk market made significant comeback this week, attributed entirely to the stellar performance of the Capesize segment, Intermodal said in its latest weekly report.
Intermodal’s weekly research report further indicated that, rates for Capes moved decisively north this week, with fixing activity firing up in both basins. Some big names like Vale come to the rescue by concluding a significant number of fixtures in the Atlantic, while at the same time the trans-Atlantic round voyage surpassed the $ 12,000/ day level.
Rates for the segment have been moving pretty much in a yo-yo pattern, thus not allowing owners to crack open the champagne bottles just yet. Saying that, it wasn't long ago that the average rate was quoted at the low $4000/day, so it might be safe to say that a new flow has been created just below $ 10,000 /day and we sure hope for it not to break.
The positive sentiment washing over the Capesize segment wasn't shared by the Panamax sector. Despite some fresh inquiries appearing in the Atlantic in the beginning of the week, the long ballasters lists managed to further weigh down on rates in the region.
At the same time, the performance of rates for both Supras and Handies witnessed another uninspiring week. The former witnessed less fixing activity ex-US Gulf, which was nevertheless counterbalanced by firm flow of Black Sea grain cargoes.
Chartering (Wet: Softer- / Dry: Firm+ )
When it comes to the Dry Bulk market “drying up” leave it to Capes to turn things around. While the rest of the segments moved sideways last week, Cape rates shoot up as charterers got excited in both basins. The BDI closed yesterday (20/08/2013) at 1145 points, up by 30 points compared to Monday’s levels (19/08/2013) and an increase of 138 points compared to previous Tuesday’s levels (13/08/2013).
While Afras enjoyed a great week and Suezmaxes showed some resistance in an uninspiring market, rates for VLs dropped even further providing no hope whatsoever for an August positive reversal. The BDTI Monday (19/08/2013), was at 647 points, an increase of 16 points and the BCTI at 552, a decrease of 18 points compared to the previous Monday’s levels (12/08/2013).
Compiled by:
Intermodal Research & Valuations | research@intermodal.gr
Analysts:
Mr. George Lazaridis | g.lazaridis@intermodal.gr
Ms. Eva Tzima | e.tzima@intermodal.gr
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no re-producing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 10 August 13
DEMOLITION ACTIVITY TO BE CRUCIAL AGAIN IN PROVIDING SUPPORT TO THE DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
We appear to have forgotten demolition activity this year, with the Baltic Dry Index gaining traction in the latter part of the second half and emer ...
Friday, 09 August 13
US PRODUCED 4.00 PERCENT LESS COAL ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.00 million short tons (mmst) of ...
Thursday, 08 August 13
HANDY : NO POSITIVE SENTIMENT FOR THE FAR EAST MARKET - FEARNRESEARCH
Handy
No positive sentiment for the Far East market. There are a number of ships coming open in SE Asia this week and owners rating mid/high USD 8k ...
Thursday, 08 August 13
MALAYSIA HOSTS THIRD ANNUAL ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release : The third Annual Asian Sub-Bituminous Coal Users’ Group (ASBCUG) conference convenes Sept. 30-Oct. 3 at the Eastern & Orie ...
Wednesday, 07 August 13
HANDIES : FINDING IT DIFFICULT TO SUSTAIN THEIR PREVIOUS LEVELS - KONSTANTINOS KONTOMICHIS
Broker's insight
by Konstantinos Kontomichis,
SnP Broker
Entering the most predictable month of the year, as expected the seasonal effects ha ...
|
|
|
Showing 4171 to 4175 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The University of Queensland
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
|
| |
| |
|
