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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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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 ...
Thursday, 26 June 14
COAL DIVESTMENT CAMPAIGNS COME WITH RISKY UNINTENDED CONSEQUENCES - WCA
Last week I presented to the Expert Group on investments in coal and petroleum companies, the body set up to advise the Norwegian Government on whe ...
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- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
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