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Wednesday, 25 June 14
THE PANAMAX MARKET REACHED FRESH LOWS FOR THE YEAR, SAYS INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a slight decrease, but this image of stability is merely representative of freight rates overall. According to the latest weekly Research from Intermodal, In fact, the BDI would have slumped yet again if it wasn’t for the positive reversal of rates for Capes Wednesday onwards, which counterbalanced the bad performance of the rest of the market that persisted throughout the entire week.
According to the shipbroker, the good news is that, with the price of iron ore hitting a 21-month low last week, we have witnessed some traders getting back into action and although this is a partial rather than a full on return, it is nice to see some-thing moving following some very quiet weeks.
According to Intermodal, the major beneficiary of this recent development was no other than Capers, which witnessed substantial rate improvements in the Atlantic, with the fronthaul from Brazil enjoying a nice surge on the back of firming activity attributed to iron ore majors of the likes of Vale. The Athens-based shipbroker added that, we are not sure whether this trend could last though, as we have already seen things steading already and it could be that some slight softening is just around the corner.
As far as the rest of the market is concerned, things were far from rosy though, Intermodal mentioned. The Panamax market reached fresh lows for the year, with over-supply of tonnage in both basins eliminating any positive effect from the fresh enquiry that was coming through. The average rate for the segment, Intermodal said currently stands below $ 4,000/day, a level last witnessed in October 2012.
Intermodal concluded its analysis by noting that, in the smaller size segments “ we didn’t witness any improvement either, with rates for Supras ex-USG and ECSA remaining under pressure and Handies having to deal with uninspiring activity all around for yet another week.”
Dry bulk market as well coal market have lost directions and struggling for survival.
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Monday, 30 June 14
WEEKLY CFR SOUTH CHINA COAL SWAPS DECLINE CONTINUES; Q1'15 LOST US$ 4.55 PMT IN A WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 fell US$ 5.25 month on month on Friday, dipping under $69 a tone. The CFR South Ch ...
Monday, 30 June 14
INDO - INDIA FREIGHT RATES CONTINUE TO WEAK
COALspot.com: The latest dry Index shows that average all-in spot freight declined, the Panamax and Supramax slipping by 9.11 percent and 4% respec ...
Friday, 27 June 14
DRY BULK MARKET STILL LOOKING FOR UPSIDE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept up its lacklustre performance during the past week, as evidenced by the course of the Baltic Dry Index (BDI). The BDI ...
Thursday, 26 June 14
PANAMAX : A PACIFIC ROUND PAYS AROUND US$ 3K DAILY - FEARNLEYS AS
Handy
In the Atlantic there has been little activity which again has caused rates to slip across all trades. TA´s are now down to US$ 5,500 ...
Thursday, 26 June 14
KOMIPO INVITES BIDS FOR TOTAL 750K MT OF BITUMINOUS COAL FOR 3CY
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) has issued a new tender for supply of total 250,000 MT of bituminous co ...
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- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
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