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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, 03 December 14
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The dry bulk market seems unable to turn sentiment round and is still looking for direction. The BCI's 887-point free fall last week had an obv ...
Wednesday, 03 December 14
CAPESIZE DRY BULK CARRIERS ENTER 2015 WITH MIXED FORTUNES, WITH A POSITIVE AND A NEGATIVE SCENARIO BOTH EMERGING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The future of the Capesize dry bulk market appears to be engulfed from mixed “feelings” among analysts and market participants, despite ...
Tuesday, 02 December 14
KEY PLAYERS SHED NEW PERSPECTIVES ON COAL MARKETS
Press Release: Singapore’s ONLY and longest established Coal Trade event. Whilst Coal prices remain challenging, there is widespread consensu ...
Tuesday, 02 December 14
KOMIPO INVITES BIDS FOR 585,000 METRIC TONS OF COAL FOR Q1'15
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids for the supply of 585,000 Metric Tons of coal. According to invitation, 5700 ...
Tuesday, 02 December 14
U.S WEEKLY COAL PRODUCTION FELL 1.4% WEEK ON WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.6 million short tons (mmst) o ...
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- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
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