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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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Thursday, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
Wednesday, 18 June 14
CHINESE STEEL PRODUCTION SETS RECORD DURING FIRST TEN DAYS OF JUNE - COMMODORE RESEARCH & CONSULTANCY
Recently released data shows that average daily crude steel production at China's key steel mills hit a record high of 1.833 million tons durin ...
Wednesday, 18 June 14
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Back in January the expectations for Q3 and Q4 were more than great. Talks and claims for a rising BDI and a healthy market were coming from everyw ...
Tuesday, 17 June 14
DRY BULK FREIGHT RATES TO RISE DURING THE SECOND HALF OF 2014, AS CHINA IS EXPECTED TO START IMPORTING MORE IRON ORE FROM BRAZIL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its latest analysis of the dry bulk market, BIMCO said that it doesn’t expect freight rates to react significantly to increased demand bef ...
Monday, 16 June 14
INDONESIAN COAL SWAPS FOR Q3 DELIVERY FALL 2.34 % MONTH ON MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
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Showing 3651 to 3655 news of total 6871 |
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- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Planning Commission, India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Oldendorff Carriers - Singapore
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