COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Wednesday, 17 July 13
NEWCASTLE COAL EXPORTS FELL 3.85% ON WEEK
COALspot.com: Newcastle port in Australia has loaded 2,860,149 tons of coal for the week ended  0700 hours 15 July 2013, Newcastle Port Corp. s ...


Wednesday, 17 July 13
TORN BETWEEN A CREDIT CRUNCH AND SUSTAINABLE GROWTH - GEORGE DERMATIS
COALspot.com: In 2012 China expanded at a rate of 7.8%, its worst annual performance in 13 years, raising criticism over the newly appointed governm ...


Tuesday, 16 July 13
TAKE - OR - PAY CONTRACTS CONTINUE TO INCENTIVISE AUSTRALIAN COAL PRODUCERS DESPITE POTENTIAL NEGATIVE CASH MARGINS - WOOD MACKENZIE
Australia's coal production has continued to grow, despite lower coal prices in 2013. Global investors and suppliers are therefore questioning whet ...


Monday, 15 July 13
INDONESIAN GOVERNMENT HAS REVISED DOWN ITS JULY BENCH-MARK COAL PRICE TO US$ 81.69 PER MT
COALspot. com - Indonesian Coal Price Reference dropped 3.75 % and hitting a 2013 low. The Indonesian government has revised down its owned coal ben ...


Monday, 15 July 13
INDO COAL SWAPS ARE STRUGGLING FOR RIGHT DIRECTION
COALspot.com –  Indo coal swaps are struggling to find the right direction. Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 d ...


   840 841 842 843 844   
Showing 4206 to 4210 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Australian Commodity Traders Exchange
  • Mechel - Russia
  • White Energy Company Limited
  • Kepco SPC Power Corporation, Philippines
  • Chettinad Cement Corporation Ltd - India
  • Peabody Energy - USA
  • OPG Power Generation Pvt Ltd - India
  • Port Waratah Coal Services - Australia
  • Kartika Selabumi Mining - Indonesia
  • Goldman Sachs - Singapore
  • OCBC - Singapore
  • Carbofer General Trading SA - India
  • SMG Consultants - Indonesia
  • Trasteel International SA, Italy
  • Straits Asia Resources Limited - Singapore
  • TeaM Sual Corporation - Philippines
  • New Zealand Coal & Carbon
  • Wood Mackenzie - Singapore
  • Kaltim Prima Coal - Indonesia
  • Lanco Infratech Ltd - India
  • ETA - Dubai
  • Adaro Indonesia
  • Sakthi Sugars Limited - India
  • Cosco
  • Shree Cement - India
  • Vedanta Resources Plc - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Merrill Lynch Bank
  • Cigading International Bulk Terminal - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Glencore India Pvt. Ltd
  • Videocon Industries ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Surastha Cement
  • Uttam Galva Steels Limited - India
  • Mitra SK Pvt Ltd - India
  • GMR Energy Limited - India
  • Cardiff University - UK
  • Core Mineral Indonesia
  • MS Steel International - UAE
  • Thiess Contractors Indonesia
  • Japan Coal Energy Center
  • TNPL - India
  • Orica Mining Services - Indonesia
  • Thailand Anthracite
  • Sinarmas Energy and Mining - Indonesia
  • IBC Asia (S) Pte Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • London Commodity Brokers - England
  • Jatenergy - Australia
  • Humpuss - Indonesia
  • Mercator Lines Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • KPCL - India
  • Mjunction Services Limited - India
  • LBH Netherlands Bv - Netherlands
  • Semirara Mining and Power Corporation, Philippines
  • Fearnleys - India
  • Rudhra Energy - India
  • Tata Chemicals Ltd - India
  • Minerals Council of Australia
  • Platou - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • VISA Power Limited - India
  • Mintek Dendrill Indonesia
  • ICICI Bank Limited - India
  • Credit Suisse - India
  • The University of Queensland
  • ACC Limited - India
  • Ministry of Transport, Egypt
  • Mercuria Energy - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Russian Coal LLC
  • India Bulls Power Limited - India
  • Malabar Cements Ltd - India
  • McConnell Dowell - Australia
  • Sical Logistics Limited - India
  • Commonwealth Bank - Australia
  • IOL Indonesia
  • Ernst & Young Pvt. Ltd.
  • Therma Luzon, Inc, Philippines
  • KPMG - USA
  • SASOL - South Africa
  • Kumho Petrochemical, South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • Eastern Energy - Thailand
  • Clarksons - UK
  • SRK Consulting
  • Ambuja Cements Ltd - India
  • TANGEDCO India
  • Binh Thuan Hamico - Vietnam
  • Aboitiz Power Corporation - Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indogreen Group - Indonesia
  • Essar Steel Hazira Ltd - India
  • Thermax Limited - India
  • Xstrata Coal
  • Singapore Mercantile Exchange
  • Bharathi Cement Corporation - India
  • PLN - Indonesia
  • Deloitte Consulting - India
  • Geoservices-GeoAssay Lab
  • Interocean Group of Companies - India
  • Bulk Trading Sa - Switzerland
  • Cargill India Pvt Ltd
  • International Coal Ventures Pvt Ltd - India
  • CIMB Investment Bank - Malaysia
  • Rashtriya Ispat Nigam Limited - India
  • Freeport Indonesia
  • Altura Mining Limited, Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Parry Sugars Refinery, India
  • Leighton Contractors Pty Ltd - Australia
  • IMC Shipping - Singapore
  • Indian Energy Exchange, India
  • Asmin Koalindo Tuhup - Indonesia
  • Coal Orbis AG
  • PetroVietnam Power Coal Import and Supply Company
  • CNBM International Corporation - China
  • Baramulti Group, Indonesia
  • Bangkok Bank PCL
  • TRAFIGURA, South Korea
  • CESC Limited - India
  • Shenhua Group - China
  • Formosa Plastics Group - Taiwan
  • TNB Fuel Sdn Bhd - Malaysia
  • Toyota Tsusho Corporation, Japan
  • Billiton Holdings Pty Ltd - Australia
  • Banpu Public Company Limited - Thailand
  • ANZ Bank - Australia
  • Riau Bara Harum - Indonesia
  • Cemex - Philippines
  • Makarim & Taira - Indonesia
  • Metalloyd Limited - United Kingdom
  • Electricity Authority, New Zealand
  • The Treasury - Australian Government
  • PNOC Exploration Corporation - Philippines
  • Directorate Of Revenue Intelligence - India
  • SUEK AG - Indonesia
  • Sojitz Corporation - Japan
  • Meralco Power Generation, Philippines
  • Heidelberg Cement - Germany
  • UOB Asia (HK) Ltd
  • Bayan Resources Tbk. - Indonesia
  • Georgia Ports Authority, United States
  • Karaikal Port Pvt Ltd - India
  • Tanito Harum - Indonesia
  • San Jose City I Power Corp, Philippines
  • Indian Oil Corporation Limited
  • EIA - United States
  • MEC Coal - Indonesia
  • Bhoruka Overseas - Indonesia
  • Oldendorff Carriers - Singapore
  • TGV SRAAC LIMITED, India
  • Posco Energy - South Korea
  • Romanian Commodities Exchange
  • Ind-Barath Power Infra Limited - India
  • Jaiprakash Power Ventures ltd
  • PetroVietnam
  • Petrosea - Indonesia
  • Australian Coal Association
  • Xindia Steels Limited - India
  • World Coal - UK
  • Qatrana Cement - Jordan
  • Karbindo Abesyapradhi - Indoneisa
  • Holcim Trading Pte Ltd - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bangladesh Power Developement Board
  • Thomson Reuters GRC
  • Bukit Baiduri Energy - Indonesia
  • Larsen & Toubro Limited - India
  • Coal India Limited
  • Energy Development Corp, Philippines
  • Thai Mozambique Logistica
  • Medco Energi Mining Internasional
  • Indo Tambangraya Megah - Indonesia
  • Deutsche Bank - India
  • Gresik Semen - Indonesia
  • Gupta Coal India Ltd
  • IEA Clean Coal Centre - UK
  • Maharashtra Electricity Regulatory Commission - India
  • Savvy Resources Ltd - HongKong
  • GAC Shipping (India) Pvt Ltd
  • South Luzon Thermal Energy Corporation
  • Total Coal South Africa
  • KOWEPO - South Korea
  • KEPCO - South Korea
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Barasentosa Lestari - Indonesia
  • PLN Batubara - Indonesia
  • Berau Coal - Indonesia
  • Marubeni Corporation - India
  • HSBC - Hong Kong
  • Chamber of Mines of South Africa
  • Idemitsu - Japan
  • BNP Paribas - Singapore
  • CCIC - Indonesia
  • Sucofindo - Indonesia
  • Merrill Lynch Commodities Europe
  • GB Group - China
  • Bukit Makmur.PT - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Africa Commodities Group - South Africa
  • Timah Investasi Mineral - Indoneisa
  • EMO - The Netherlands
  • Mitsui
  • Coaltrans Conferences
  • Eastern Coal Council - USA
  • Sarangani Energy Corporation, Philippines
  • Aditya Birla Group - India
  • Coastal Gujarat Power Limited - India
  • J M Baxi & Co - India
  • Pendopo Energi Batubara - Indonesia
  • SGS (Thailand) Limited
  • Petron Corporation, Philippines
  • Indorama - Singapore
  • Ministry of Finance - Indonesia
  • Bhushan Steel Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Grasim Industreis Ltd - India
  • Economic Council, Georgia
  • NTPC Limited - India
  • Panama Canal Authority
  • GVK Power & Infra Limited - India
  • Adani Power Ltd - India
  • Independent Power Producers Association of India
  • Central Electricity Authority - India
  • Kideco Jaya Agung - Indonesia
  • Maybank - Singapore
  • Wilmar Investment Holdings
  • Edison Trading Spa - Italy
  • Vizag Seaport Private Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Asia Cement - Taiwan
  • Tamil Nadu electricity Board
  • Lafarge - France
  • Indian School of Mines
  • NALCO India
  • Permata Bank - Indonesia
  • BRS Brokers - Singapore
  • Rio Tinto Coal - Australia
  • Maersk Broker
  • European Bulk Services B.V. - Netherlands
  • The State Trading Corporation of India Ltd
  • Krishnapatnam Port Company Ltd. - India
  • Platts
  • Electricity Generating Authority of Thailand
  • Coalindo Energy - Indonesia
  • Thriveni
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Kobe Steel Ltd - Japan
  • Siam City Cement - Thailand
  • Madhucon Powers Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Manunggal Multi Energi - Indonesia
  • APGENCO India
  • Indonesian Coal Mining Association
  • JPower - Japan
  • Cebu Energy, Philippines
  • Parliament of New Zealand
  • Indonesia Power. PT
  • Renaissance Capital - South Africa
  • World Bank
  • Salva Resources Pvt Ltd - India
  • Reliance Power - India
  • Latin American Coal - Colombia
  • Gujarat Mineral Development Corp Ltd - India
  • Asian Development Bank
  • Barclays Capital - USA
  • WorleyParsons
  • ING Bank NV - Singapore
  • Global Business Power Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Directorate General of MIneral and Coal - Indonesia
  • Vale Mozambique
  • Kobexindo Tractors - Indoneisa
  • GHCL Limited - India
  • Inspectorate - India
  • Standard Chartered Bank - UAE
  • Intertek Mineral Services - Indonesia
  • Orica Australia Pty. Ltd.
  • Borneo Indobara - Indonesia
  • Antam Resourcindo - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Runge Indonesia
  • Samtan Co., Ltd - South Korea
  • Jindal Steel & Power Ltd - India
  • Moodys - Singapore
  • Bhatia International Limited - India
  • Malco - India
  • Maruti Cements - India
  • Dalmia Cement Bharat India
  • Tata Power - India
  • Arutmin Indonesia
  • GNFC Limited - India
  • PowerSource Philippines DevCo
  • McKinsey & Co - India
  • Maheswari Brothers Coal Limited - India
  • Sindya Power Generating Company Private Ltd
  • UBS Singapore
  • Planning Commission, India
  • Power Finance Corporation Ltd., India
  • Bank of China, Malaysia
  • Meenaskhi Energy Private Limited - India
  • RBS Sempra - UK
  • Cement Manufacturers Association - India
  • Enel Italy
  • Vitol - Bahrain
  • Neyveli Lignite Corporation Ltd, - India
  • Central Java Power - Indonesia
  • Semirara Mining Corp, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Inco-Indonesia
  • Indika Energy - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Coal and Oil Company - UAE
  • Star Paper Mills Limited - India
  • Argus Media - Singapore
  • JPMorgan - India
  • Anglo American - United Kingdom
  • Gujarat Electricity Regulatory Commission - India
  • Kalimantan Lumbung Energi - Indonesia
  • Energy Link Ltd, New Zealand
  • Ministry of Mines - Canada
  • Simpson Spence & Young - Indonesia
  • Britmindo - Indonesia
  • Bank of America
  • U S Energy Resources
  • Arch Coal - USA
  • Gujarat Sidhee Cement - India
  • Siam City Cement PLC, Thailand
  • globalCOAL - UK
  • Ince & co LLP
  • Noble Europe Ltd - UK
  • PTC India Limited - India
  • CoalTek, United States
  • Agrawal Coal Company - India
  • Infraline Energy - India
  • Global Green Power PLC Corporation, Philippines
  • Coeclerici Indonesia
  • DBS Bank - Singapore
  • The India Cements Ltd
  • Mitsubishi Corporation
  • ASAPP Information Group - India
  • SMC Global Power, Philippines
  • SN Aboitiz Power Inc, Philippines
  • IHS Mccloskey Coal Group - USA
  • Samsung - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Attock Cement Pakistan Limited
  • bp singapore
  • Pinang Coal Indonesia
  • Price Waterhouse Coopers - Russia