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Wednesday, 22 January 14
HANDY/SMAX: TALK OF RATES INDICATES A STEADY TO FIRMING TREND - INTERMODAL
Last week closed off on the red once more for the Dry Bulk market, which continues to see freight rates trying to get steady feet. Nonetheless, with the overall decline being way more modest than that of the week prior and some better than expected fixtures taking place, sentiment has somewhat improved mid-week onwards. At the same time we saw some good activity in the period market, which was followed by better numbers.
The Capesize market was affected by holidays in both basins, which hampered trading. As a result, rates for Capes slid further on a weekly basis with the average rate for the segment losing more than 13%. Out of the Atlantic, the lack of concluded business made the market positional, with owners and charterers appearing fairly apart in their ideas of where the market should be at the moment.
Rates for Panamaxes remained under pressure for spot/prompt tonnage, while tonnage for more forward dates is seeing better numbers as charter- ers continue to source tonnage from the Indian Ocean. In the USG region, despite the fact that demand held at the good levels we have been used to seeing lately, excess tonnage didn't allow rates to improve, while the Pacific Panamax appears to have firmed again.
Talk of rates indicates a steady to firming trend overall for rates on the Handy/Smax front, but without much concluded business this is hard to call, while the Pacific market remains under a lot of pressure. Owners are said to be more interested in ballasting to the NOPAC/Indian Ocean region in hopes of securing business from the U.S.
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.
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Monday, 28 July 14
Q3' 14, SUB-BIT FOB INDONESIA COAL SWAP GAINED $ 0.08 DAY ON DAY AND $ 0.68 WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 increased by just US$ 0.08 day on day and US$ 0.68 week on week. The swap was lost U ...
Monday, 28 July 14
S. KOREA'S KOSPO SEEKS 148K T OF 4700 NAR COAL
COALspot.com: Korea Southern Power Co Ltd (KOSPO) is seeking 148,000 tonnes of 4,700 kcal/kg NCV steaming coal for shipment between October to Nove ...
Monday, 28 July 14
CFR SOUTH CHINA COAL SWAP SLIGHTLY UP WEEK ON WEEK
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. The swap for Q3, Q4 and Q1 2015 showing slight improvement ...
Sunday, 27 July 14
RAMADAN HOLIDAYS IN INDONESIA PUTTING PRESSURE ON CHARTER RATES FROM INDONESIA - VISTAAR INDIA
COALspot.com: The freight rates were almost steady as very slight improvement in BDI by about 1 pct. The BDI was at 739 points after improvin ...
Saturday, 26 July 14
COAL MINING COMPANIES CLOSED TEMPORARILY - THE JAKARTA POST
The Sarolangun regency administration in Jambi has suspended the operations of 10 coal mining companies in line with a circular issued by Regent Ce ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
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