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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, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...
Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...
Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The Baltic Dry Index (BDI), a measure of commodity-shipping costs, fell 12.12 pct to 863 points week ending 12 December 2014.
Th ...
Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...
Friday, 12 December 14
U.S WEEKLY COAL PRODUCTION UP 3.4% W/E DECEMBER 6
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.6 million short tons (mmst) of coal ...
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- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- MS Steel International - UAE
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Australian Coal Association
- Videocon Industries ltd - India
- Trasteel International SA, Italy
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