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Wednesday, 17 December 14
CAPES RATES SLIPPED BELOW $5,600/DAY, FELL 84% YOY
COALspot.com: In the very rare occurrence when the BCI stands below the BDI, words to describe market sentiment are probably poor, said Intermodal in its latest weekly report.
The Broker further said, the performance of the Capesize segment which remained on a free-fall last week, is still the main catalyst behind a dropping market. On Friday, all dry indices were standing well below last year’s levels, while most notably the BCI touched a record low. Even in those cases where activity remained healthy, the overall negative sentiment was still forcing owners to accept substantial discounts and we expect the trend to continue this current week as well, while demand fundamentals remain overall weak.
According to Athens based broker, rates for Capes continued setting the tone for the market last week, touching fresh year lows, while the average rate for the segment slipped today below $5,600/day, which is a dramatic 84% discount from the level it stood exactly a year ago. Over in the Pacific, the rate for the key W. Australia/China voyage slipped below $6/MT, while at the same time things in the Atlantic remained awfully quiet in terms of activity.
Intermodal broker said, further big discounts were also noted in the Panamax market, with the Pacific Panamax trying to tackle the long list of ballasters that were limiting any positive impact coming through from fresh enquiry in the region, while things over in the Atlantic remain under pressure, with USG still denying any significant business before the upcoming holidays.
Rates for both Supras and Handies also closed off the week on the red, although same as the week prior both segments managed to outperform the rest of the market, as enquiry across both basins remained overall stable for both size segments, the broker noted on smaller size ships.
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Wednesday, 07 January 15
FUEL EFFICIENT SHIPS MAKE LESS SENSE IN LOWER BUNKER PRICE MARKET, BUT FUEL COSTS ARE BOUND TO RISE AGAIN
The shipping industry entered 2015 on mixed emotions, as a relatively buoyant tanker market is met by a rather lackluster dry bulk market. Still, a ...
Wednesday, 07 January 15
2015 IS RIDDLED WITH CHALLENGES FOR THE SHIPPING SECTOR, MOST NOTABLY THE DRY BULK MARKET - HELLENIC SHIPPING NEWS
As the new year has now set foot for real, many are still looking to detect what’s in store for the various shipping markets, with the first ...
Tuesday, 06 January 15
SHIPPING MUST ADOPT CAN-DO ATTITUDE IN 2015 - MOORE STEPHENS
Shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015.
Shipping part ...
Tuesday, 06 January 15
Q4' 15 FOB INDONESIA COAL SWAP CLOSED 1.81% HIGHER COMPARED TO Q1' 15 CLOSING
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 0.74 (-1.51%) m ...
Tuesday, 06 January 15
FOB RICHARDS BAY COAL SWAPS LOST W-O-W AND M-O-M, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.52 (-5. ...
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- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Australian Coal Association
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
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