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Wednesday, 11 June 14
BPI TOUCHING A NEW LOW FOR THE YEAR
The Dry Bulk market closed off the week positively, on the back of firming Capesize rates, while the market overall continues to face a very challenging environment with Panamaxes suffering the most.
A comment that was heard often during last week, was that on average the first half of this year was better than the same period last year. Another Posidonia takeaway was also the expectation that the same story of a strong second half will also be repeated this year, which could well be the reason why second-hand prices are still holding high compared to freight levels.
The Capesize segment noted the only positive movement last week, on the back of increased enquiry, which initially kicked off in the Pacific. Iron ore majors returned to action and pushed the rate for the West Australia/China voyage higher, while it was the same case for the Tubarao/Qingdao route. The Atlantic Cape also improved, with the shortening of lists helping freight levels considerably as the week progressed.
The Panamax market had to face further challenges this past week, which closed off with the BPI touching a new low for the year. There was talk of some slightly better numbers for more forward dates for ex-USG grain car-goes, while the North Pacific and Australian round voyages witnessed rates collapsing.
Rates for the Atlantic Handy/Supra tonnage are still being denied any help ex-USG, with limited fresh business being concluded in the region, while rates for Handies remained stable despite some better activity witnessed positionally in both basins.
Analysts:
Mr. George Lazaridis
Ms. Eva Tzima
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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- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
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