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Wednesday, 24 December 14
CAPE DEMAND WAS STILL EXTREMELY SOFT THIS PAST WEEK ACROSS BOTH BASINS - INTERMODAL
COALspot.com: The performance of the Dry Bulk market, which found itself in desperate search of support for yet another week, has left very little hope that a substantial improvement could be imminent, Intermodal broker said in its latest weekly report.
The broker further noted that, the catalyst behind the down-ward trend is still the Capesize market, which remains under great pressure, while the rest of the smaller size segments continue to outperform the bigger ones, although the effect on rates across the board is still under the command of the extremely negative sentiment that has washed over the entire market. At the same time, overwhelmed by what could be lying ahead, those owners that fix their vessels on period contracts seem willing to accept further substantial discounts off last dones.
The Greece based broker further said that, despite the fact that majors made a small come back in the Pacific, overall Cape demand was still extremely soft this past week across both basins, with charterers in a dominant position and owners powerless to put forth any resistance. The BCI touched new record lows, while the average rate for the segment has now moved below $5,000/day.
On commenting on Panamax, the broker says, the Panamax market witnessed better levels of activity compared to Capes although the long list of ballasters in key trading regions in the Atlantic prevented any rate upside taking place. There has been market talk of improved market in the Pacific as this week kicked off although we haven't seen anything materializing yet in terms of rates.
Rates for both Supras and Handies closed off the week slightly down and slightly up respectively, with Supra tonnage witnessing support in the Pacific, while prospects for both segments still are still much better compared to the rest of the market, broker said.
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Wednesday, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...
Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report.
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Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...
Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...
Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...
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- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Marubeni Corporation - India
- PTC India Limited - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
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