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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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Wednesday, 02 July 14
HANDY BULKERS PROVE TO BE THE MOST SOUGHT AFTER VESSELS OVER THE PAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The Handy dry bulker proved to be the most sought after ship by ship owners active in the second hand market, which saw a slight decline in terms o ...
Wednesday, 02 July 14
SHIPPING: MARKET INSIGHT - GEORGE DERMATIS
After 6 months, 57 ministerial meetings and 67 political agreements, the journey of the Greek Presidency in the EU reached its end yesterday; only ...
Tuesday, 01 July 14
INDIAN POWER PLANT COAL STOCKPILES VERY LOW
COALspot.com: According to today's Weekly Dry Bulk Report published by Commodore Research, Indian power plant coal stockpiles have now fallen t ...
Monday, 30 June 14
SUB-BIT FOB INDONESIA COAL PRICES ARE STILL STRUGGLING TO RECOVER
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
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 ...
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- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- The University of Queensland
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
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