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Wednesday, 26 November 14
OVERSUPPLY OF TONNAGE PUSHED PANAMAX SEGMENT DOWN FOR ANOTHER WEEK
COALspot.com: The Dry Bulk market managed to reverse its course from the week prior and with the sole exception of the Panamax segment, we witnessed freight rate increases across the board, Intermodal said in its latest weekly report.
Intermodal further said, things quietened down a bit on Friday, mainly driven by the Capesize market, which lost some steam, while sentiment remains reservedly optimistic across the market, as the smaller size segments market appear to be gaining strength. At the same time, news that the central bank of China proceeded in cutting lending rates, were more than welcome by the markets, as the world’s second largest economy seems more determined to address its slowing economic growth., which is only good news for the Dry Bulk market.
According to broker, rates for Capes closed off the week on the green, on the back of increased enquiry in the Pacific, while the period market remained unchanged with enquiry thin in volume. Things slowed down on Friday, while as this week kicked off it seems that enquiry is still under pressure, with the W. Australia/Qingdao slowing down and things in Brazil remaining overall quiet.
Commenting on Panamax, the Intermodal said, the Panamax market was down for another week, while despite fresh business coming through in key trading areas, oversupply of tonnage is still the main issue, especially in regions like the USG. At the same time, numbers in the period market continued to soften with owners accepting further discounts amidst no clear direction of the market at the moment.
Rates for both Supras and Handies finally managed to close off positively, with the former finding support in both USG and ECSA, which eventually started supporting rates in both regions, while revived coal enquiry for Supra tonnage in the Pacific is currently supporting Supra rates, Intermodal noted.
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Saturday, 22 November 14
THE FALL IN BUNKER PRICES REDUCE FUEL COSTS SIGNIFICANTLY - BIMCO, PETER SAND
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as USD 1 million a year if current price level st ...
Saturday, 22 November 14
DRY BULKERS NEWBUILDING DELIVERIES REACHED 11.8 MILLION DWT DURING THIRD QUARTER, NET FLEET GROWTH FOR 2014 TO REACH 5% - HELLENIC SHIPPING NEWS
The dry bulk market has rebounded since its less than impressive performance since the start of the year, but overall, third quarter figures could ...
Friday, 21 November 14
BUMI ENTERS INTO CONDITIONAL SALE & PURCHASE AGREEMENT TO SELL FBS STAKE
COALspot.com: PT Bumi Resources Tbk, one of the Indonesia's largest coal producers confirms that it has executed a Conditional Sale and Purchas ...
Friday, 21 November 14
U.S LAST WEEK'S COAL PRODUCTION STAYS FLAT W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Thursday, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com: The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...
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- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Marubeni Corporation - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
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