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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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Wednesday, 21 August 13
DRY BULK SHIPPING - POSITIVE WINDOW FOR CAPESIZE OWNERS - PETER SAND
By: Peter Sand, Chief Shipping Analyst, BIMCO
Demand:
“Expect the unexpected from the dry bulk market” was what we wrote last time ar ...
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 ...
Tuesday, 20 August 13
AUSTRALIA NEWCASTLE COAL EXPORTS FALL 19.15 PERCENT ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 19.15 per cent week on week to 2.39 million mt f ...
Tuesday, 20 August 13
CAPESIZE RATES MORE SENSITIVE TO DEMAND - COMMODORE RESEARCH & CONSULTANCY
COALspot.com : Approximately 71.50 million tons of iron ore is now stockpiled at Chinese ports, 900,000 tons (-1%) less than a week ago, Commodore R ...
Sunday, 18 August 13
SUB-BIT FOB INDONESIA COAL SWAP : ON POSITIVE DIRECTION ON DAY, WEEK AND MONTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 1.83 up month on month. The swap was moved positive ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
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