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Wednesday, 23 July 14
PANAMAXES WERE BACK ON A DOWNWARD COURSE; CAPES WERE FEELING THE MOST PRESSURE - INTERMODAL
COALspot.com: The Dry Bulk market was on a downward spiral this week, with the BDI noting another week-on-week decline of the magnitude of 10% this time around, while rates dropped across the board for all size segments. With the exception of the BPI, all other dry indices have touched fresh year lows, while period numbers were off as well, Intermodal said in its latest weekly report.
"We nevertheless expect the market to stabilize this week and possibly also see an upward correction over the following days", according to Intermodal.
In its latest report, shipbroker intermodal further said on the Capesize market that, capes were feeling the most pressure with the average of the 4 TC routes dropping to below $ 10,000/day. The key routes in the Pacific remain close to last dones, while both basins were seeing minimal fresh inquiries, with tonnage lists starting to swell up early on in the week. We have yet to see any improvement this current week and we expect things to remain stable.
On the Panamax front it noted that, following a slight upward correction the week prior, Panamaxes were back on a downward course, with rates now heading towards the lows of late June, while most of the positive sentiment that had accumulated momentum during the early part of July seems to have had the wind knocked out of it. Saying that, a few well-positioned vessels did manage to get better numbers, while the 6 month T/C moved to below $ 10,000/day.
Intermodal brokers concluded about smaller size, things were not looking much better for the smaller size segments either, with rates for both Supras and Handies continuing their slow decent, while the later being slightly more stable. The Atlantic basin seemed to be the worst out of the two this week, though there was an overall pessimistic feel amongst owners creating an inability to withstand any increased pressure for lower levels put on by charterers all around.
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Friday, 26 September 14
NEWCASTLMAXES ARE THE MOST SOUGHT AFTER VESSELS BY SHIP OWNERS TODAY SAYS VESSELS VALUE
KNOWLEDGE TO ELEVATE
Determining a ship’s fair value can be a very tricky business, especially when you’re the one paying. As such ...
Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
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- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Aditya Birla Group - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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