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