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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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Sunday, 11 January 15
BDI DECLINED 8% ON WEEK; BCI LOST 31%
COALspot.com: The BDI continued its decline in the first week of this year or lost 8 pct week over week. The BDI was closed at 709 points whi ...
Friday, 09 January 15
U.S. EASTERN SPOT STEAM COAL PRICES FELL IN 2014; ROSE IN WEST - EIA
U.S. Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports.
According to U.S. Ene ...
Friday, 09 January 15
WEEKLY U.S. COAL PRODUCTION UP AN ESTIMATED 2.2% Y-O-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.6 million short tons (mmst) of coal ...
Thursday, 08 January 15
INDONESIA PRESSES ON WITH HIGHER COAL ROYALTY FEE TO BOOST STATE REVENUE - JG
The Indonesian government is pressing on with its plan to raise the royalty charged to coal miners in order to increase state revenue, but the move ...
Wednesday, 07 January 15
FUEL EFFICIENT SHIPS MAKE LESS SENSE IN LOWER BUNKER PRICE MARKET, BUT FUEL COSTS ARE BOUND TO RISE AGAIN
The shipping industry entered 2015 on mixed emotions, as a relatively buoyant tanker market is met by a rather lackluster dry bulk market. Still, a ...
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- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- PTC India Limited - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Ministry of Mines - Canada
- Planning Commission, India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
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