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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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Tuesday, 26 November 13
EWP INVITES COAL BIDS FOR 2014 - 2018 DELIVERIES
COALspot.com: Korea East-West Power Co. Ltd (EWP) invited bids to supply 130,000MT of min 5,600kcal/kg (Sub)-bituminous Coal on NCV basis for March ...
Tuesday, 26 November 13
NEWCASTLE COAL EXPORTS SLIP 22.62% W-W
COALspot.com: In the week ended November 25, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.26 ...
Monday, 25 November 13
THE SUB-BIT INDONESIA COAL SWAP MOVEMENT IN YEAR 2014 IS STILL FAR FROM PROMISING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 2.54 pmt month on month on Friday 22 Novemb ...
Sunday, 24 November 13
CFR SOUTH CHINA COAL SWAPS FOR Q4' 14 DELIVERY PRICE SHOWS A NEGATIVE TREND WEEK ON WEEK AND FLAT ON D-D
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.13 percept d-d on Friday 22 November 2013. The CFR South ...
Sunday, 24 November 13
SUPRAMAX FREIGHT RATES REMAINED FIRM FROM INDONESIA TO INDIA AND CHINA - SOLYM
COALspot.com: The freight market was fairly steady except for the Supramax in SE Asia region which continued to remain firm. The BDI was down by 1.5 ...
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- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Australian Coal Association
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
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