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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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Friday, 26 December 14
SHIPS FACE LOWER SULPHUR FUEL REQUIREMENTS IN EMISSION CONTROL AREAS FROM 1 JANUARY 2015 - IMO
Ships trading in designated emission control areas will have to use on board fuel oil with a sulphur content of no more than 0.10% from 1 January 2 ...
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 ...
Wednesday, 24 December 14
MARKET INSIGHT - JOHN N. COTZIAS, INTERMODAL SNP BROKER
The year is coming to an end, and we should be able to assess if this was a good year, a bad year, or even a lousy one? The answer clearly de ...
Tuesday, 23 December 14
Q1'15 FOB INDONESIA COAL SWAP GAINED 48 CENTS IN ONE WEEK
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and gained week over week and day on day.
The Q1 swap has lo ...
Tuesday, 23 December 14
Q4'15 FOB RICHARDS BAY COAL SWAPS FALL $ 3.85 IN A MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month.
The Q1 swap has lost US$ 2.13 (-3.17%) month on month ...
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- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
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