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Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing both rates and sentiment to very low levels. The BDI has now slipped back to end of February levels with any upside noted during the month of March being completely erased and with the weakness of the Panamax market being the most notable one, as the segment has been and continues to be under a lot of pressure.
The Capesize market has kicked off the week with talks of better activity, which never materialized, and owners ha d to substantially lower their ideas as charterers held firm the upper hand for yet another week. The one ray of hope has appeared closer to the weekend, as volume s of business in the East have spiked up, while no reversal of rates or sentiment was achieved in the Atlantic, as the ample available tonnage in the region is still blocking any significant upside.
The Panamax market remained under significant pressure this past week, with the BPI moving south to the low 800s level and the average rate for the segment falling in the mid-$6,000/day level. Early dates and period fixture s received most of the pressure, while more forward business witness some steadier numbers.
Moving onto the smaller size segments, things were less dramatic but still far from good, as Handy/Supramax rates retrieved with activity ex-USG and ECSA being in adequate to offer any support, while business in the Pacific proved uninspiring as well.
Analysts:
Mr. George Lazaridis | g.lazaridis@intermodal.gr
Ms. Eva Tzima | e.tzima@intermodal.gr
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no re-producing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
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Monday, 26 May 14
SUB-BIT FOB INDO COAL SWAP Q1' 15 DELIVERIES CLOSED AT US$ 59.40 PER MT
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 ...
Monday, 26 May 14
Q3 14 CFR SOUTH CHINA COAL SWAPS LOST 2.24% MONTH ON MONTH
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 2.24 percent month on month and closed at US$ 73.88 per mt as on F ...
Monday, 26 May 14
NEWBUILDING ORDERING ACTIVITY RISES BY 78% IN DWT TONNAGE OVER THE FIRST 4 MONTHS OF THE YEARS, AS OWNERS INVEST$40.5 BN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have plunged into newbuilding orders during the first four months of the year, as overall newbuilding business ended for the first four ...
Sunday, 25 May 14
FREIGHT RATES FROM SOUTH KALIMANTAN TO EAST COAST INDIAN PORTS WERE ASSESSED AT $9.50/MT
COALspot.com: The BDI was closed at 964 points down by 6.13 pct week on week. The Cape Index was lost 172 points or 11.24% week on week and closing ...
Saturday, 24 May 14
DRY BULK MARKET'S RECOVERY IS JUST AROUND THE CORNER SAYS SHIPOWNER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the weaker than expected market sentiment in the dry bulk market over the course of the past few months, analysts and shipowners alike appe ...
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Showing 3686 to 3690 news of total 6871 |
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- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- The University of Queensland
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Renaissance Capital - South Africa
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