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Thursday, 04 December 14
DRY BULK MARKET; ANOTHER DISAPPOINTING WEEK
COALspot.com: For those who have been hoping to see alignment of freight direction across the Dry Bulk market, this must have been another disappointing week, Intermodal said in its latest report.
According to Intermodal, it seems that every time the rates for Capes firm, the rest of the market is unable to follow course and vice versa. The BDI noted a sharp decline last week, a movement entirely attributed to the Cape size market, while at the same time the rest of the size segments enjoyed improved fundamentals that eventually boosted rates in most key regions. It is worth noting that one year ago the BDI was standing at 1,865 points, over 65% up from current levels.
Intermodal further said that, rates for Capes noted a big downward correction last week, while as sentiment was being shaken charterers quickly got the upper hand pushing owners to accept levels heavily discount compared to the week prior. With activity softening across both basins, the impact was felt both in the period and paper market, while this current week has kicked off with strong signs of further corrections ahead for the segment in the short term.
Broker Intermodal further said, fresh business across both sides of the Atlantic has been supporting Panamaxes throughout the past week, while we expect things to move sideways this week as the strongly negative performance of Capes is bound to weigh down on sentiment eventually. At the same time things still remain quiet in the Pacific, with the market there in search of balance between the volume of enquiry and the long list of ballasters in the region.
The broker noted that, rates for both Supras and Handies moved up for a second week in a row, with market talk of firming activity in the Black Sea supporting sentiment, while enquiry ex USG and ECSA continued to support owners’ ideas.
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Saturday, 06 December 14
MUNDRA PORT MAKES HISTORY BY HANDLING THE LARGEST BULK CARRIER TO CALL ON WEST COAST OF INDIA
COALspot.com: Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, yesterday said its Mundra Port successf ...
Friday, 05 December 14
CHINESE SPECIAL STEEL MAKERS' RISK PROFILES MORE RESILIENT - FITCH
Fitch Ratings says the risk profiles of Chinese makers of special steel, especially high-end products, are more like those of manufacturers and mor ...
Friday, 05 December 14
U.S. YEAR-TO-DATE COAL PRODUCTION REACHED AROUND 905 MMST - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19 million short tons (mmst) of coal i ...
Thursday, 04 December 14
CAPE MARKET IS DEVELOPING FROM BAD TO WORSE
Handy
The Atlantic market has been pretty stable and balanced this week, Fearnleys AS says in its latest weekly report.
The broker furt ...
Wednesday, 03 December 14
PROGRESSING SMELTER PROJECTS IN INDONESIA
Press Release: Indonesia’s ban on ‘raw mineral export’ that was designed to encouraging downstream investment in mineral processi ...
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- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Economic Council, Georgia
- GMR Energy Limited - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- The University of Queensland
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
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