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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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Friday, 14 November 14
MORE NATURAL GAS FROM RUSSIA TO HELP STABILISE CHINA PRICES - FITCH RATINGS
COALspot.com: Fitch Ratings has said possible additional natural gas supplies from Russia's OAO Gazprom to China via the Altai pipeline would h ...
Thursday, 13 November 14
SLOWER AND LOWER HAS BEEN THE TREND OF THE PANAMAX IN BOTH HEMISPHERES - FEARNLEYS
Handy
We are experiencing an oversupply of tonnage in the Atlantic which is out numbering the amount of cargoes, Fearnleys broker says in its lat ...
Thursday, 13 November 14
DRY BULK MARKET'S REBOUND HINGES ON IRON ORE OVERSUPPLY ISSUES MOVING FORWARD - HELLENIC SHIPPING NEWS
“One man’s benefit, is another man’s demise” is a phrase which can be used to describe today’s situation in the dry b ...
Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal ...
Thursday, 13 November 14
MODERN DRY BULK SHIPS' PRICES START FIRMING UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While the main story of the past few weeks has been the rebound of the dry bulk market, which has been a result of increased Chinese iron ore impor ...
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- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- White Energy Company Limited
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
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