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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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Tuesday, 23 December 14
SHIPOWNERS ARE FINALIZING MORE DEALS AS YEAR END COMES CLOSER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
With the 2014 year just a few days before waving goodbye, shipowners are looking to close their pending deals in both the newbuilding and S&P m ...
Monday, 22 December 14
Q2'15 CFR SOUTH CHINA COAL SWAP CLOSED $ 0.30 LOWER THAN Q1'15 CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.67 (-5.81%) month over month and US$ 0.35 (-0.58%) ...
Monday, 22 December 14
API 5 FOB NEWCASTLE COAL SWAPS ARE HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.71 per MT (-3.24%) and closed at US$ 51.02 on 19 December month ...
Sunday, 21 December 14
PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA FALLS FURTHER
COALspot.com: The BDI continued its fall as cape index lost heavily week on week.
The BDI was down 6.95 percent week over week and closed at 8 ...
Friday, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO
As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have s ...
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- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Planning Commission, India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
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