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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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Friday, 28 November 14
NEW BIMCO CLAUSE AIMS TO REDUCE SUPPLIERS' RELIANCE ON SHIP ARREST FOR CHARTERERS' UNPAID BUNKERS
KNOWLEDGE TO ELEVATE
Ship owners can, on occasion, find themselves in the invidious position of suffering unexpected loss of hire due to a tim ...
Friday, 28 November 14
JSW ENERGY AND GRM RESOURCES JOIN GLOBALCOAL
COALspot.com: globalCOAL® announced yesterday that two new Market Members have joined its online coal trading platform. According globaCOAL&rsq ...
Thursday, 27 November 14
MINING SERVICES TAX SPIKED BY 233% - BISNIS INDONESIA
COALspot.com: The Energy and Mineral Resources Department of Indonesia said the tax contribution from mining services sector in the 3rd Q 2014 ...
Thursday, 27 November 14
PANAMAX : EXPECTATION'S FOR A STRONG END OF YEAR RUSH, DISAPPEAR DAY BY DAY - FEARNLEYS
Handy
“We have experienced a firming market the last couple of weeks. More activity from cargo owners in the Atlantic and less available to ...
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 witnesse ...
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- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- VISA Power Limited - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
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