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Thursday, 05 February 15
BDI HAS NOW FALLEN A LEVEL CLOSE TO THE INDEX'S HISTORIC LOW - INTERMODAL
They say a picture is worth a thousand words and in this instance just one look at the tables above is enough to understand the great pressure the Dry Bulk market remains under, Intermodal commented their weekly market review.
The BDI has now fallen to below 600 points, a level close to the index's historic low and one that leaves very little hope that the market could witness a significant rebound before the end of the first quarter. Intermodal further noted that, in regards to the following weeks we expect further down-ward pressure as owners ballasting in the East will most probably accept further discounts in order to “avoid” fixing in an even quieter market during the Chinese New Year holidays season.
The Greece based broker Intermodal noted that, rates for Capes succumbed to the pressure that started building up at the end of the week prior and quickly gave up a significant portion of the recently upside gained. Enquiry in both the Atlantic and Pacific remains very quiet while market talk that there are signs of the majors slowly returning back into action have not been confirmed so far.
Both rates and activity continue to soften in the Panamax segment as well. NoPac rounds were still very short in supply at the end of last week, while more frequent cargoes to India were providing some support to rates in the region. The Atlantic Panamax has at the same time seen numbers well be-low $ 4,000/day with further discounts being noted in the period market as well.
Atlantic Handy/Handy max/Supra business is still facing very low rates with light activity persisting for yet another week, while the market in the Far East is currently paying slightly better numbers, although we don’t expect the resistance there to hold much further, Intermodal concluded.
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Monday, 09 March 15
CHINA'S IMPORTS - NEVER MORE IMPORTANT TO SHIPPING? - CLARKSONS
Over the last 15 years China has led maritime forecasters a right old dance. In 2002, rumours that Chinese iron ore imports were about to take off ...
Sunday, 08 March 15
FREIGHT RATES FROM INDONESIA TO INDIA IS TRENDING UP
COALspot.com: The freight market continued to see gains this week and all the indices were rose except for Cape index. The BDI was increased 4.62 p ...
Friday, 06 March 15
BALTIC DRY INDEX: IS THIS POWERFUL INDICATOR SIGNALING A GLOBAL RECESSION? - STREET AUTHORITY
Although memories of the Great Recession linger, a case can be made that better days lie ahead.
That’s because central banks around the ...
Friday, 06 March 15
U.S. WEEKLY COAL PRODUCTION ROSE 3.5% WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.1 million short tons (mmst) of coal ...
Thursday, 05 March 15
PANAMAX : THE ATLANTIC ROUND IS NOW PAYING AROUND US$ 5K PER DAY
COALspot.com: Handy - The activity in the handy/supra segment is back. “ We see more fresh cargo in the market for 2nd half March dates ...
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- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
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