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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, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
Wednesday, 16 July 14
INDIA BUDGET HAS LIMITED SHORT TERM IMPACT ON POWER SECTOR - FITCH RATINGS
Fitch Ratings says that the measures announced relating to India's electricity sector in the budget for FY2015 are directionally correct but in ...
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- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Planning Commission, India
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- White Energy Company Limited
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
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