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Wednesday, 11 February 15
DRY BULK MARKET REMAINED UNDER PRESSURE : STABILIZING CAPE MARKET HARDLY HELPED SENTIMENT
COALspot.com: The Dry Bulk market remained under pressure last week, while the stabilizing Cape market hardly helped sentiment.
Greece based ship broker, Intermodal said, things remain extremely critical for the sector, while no signs for a substantial reversal before the end of February are currently visible.
The BDI touched yesterday 554 points, the index’s historical low first witnessed in 1986, signifying how challenging the current environment is. The newly announced joint venture between Bocimar, CTM, Golden Union, Golden Ocean and Starbulk, which joint forces under Capesize Chartering Ltd. is evidence of this environment and the degree of the consolidation that could be needed for owners to weather the storm.
According to broker, rates for Capes managed to sustain their levels throughout last week and closed off slightly up on a weekly basis on the back of the market slightly improving just before the weekend. Fresh losses were noted in the period market, while we expect rates for the segment to keep moving sideways this week as well.
Despite the fact that available Panamax tonnage in the Atlantic market softened last week, rates remained under pressure on the back of thin business from both the USG and East Coast Brazil. Slightly more enquiry has been emerging in the Pacific as of late last week, nonetheless rates continue to ease as more tonnage comes open, noted Intermodal.
Atlantic Handy/Handymax/Supra business from the USG finally saw some improved numbers for spot vessels last week, however in the rest of the Atlantic and the Pacific area, rates remained low with further softening expected in the coming days, Intermodal concluded on Handy/Handymax/Supra ships.
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Thursday, 12 February 15
DRY BULK OWNERS SCRAP MORE VESSELS, AS MARKET REACHES HISTORICAL LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has reached historical lows this week, with the Baltic Dry Index (BDI) now trading at levels below operating expense levels for ...
Thursday, 12 February 15
INDONESIAN COAL PRICE REFERENCE INCHED DOWN 1.44% IN FEBRUARY
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal bench mark price this month to US$ 62.92 pe ...
Thursday, 12 February 15
NEWBUILDING ORDERING ACTIVITY DRAGS ON, AS OWNERS ARE LOOKING FOR LOWER PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners appear to be waiting for lower prices in their dealings with Asian shipyards, as the dry bulk market is at historical lows. According t ...
Wednesday, 11 February 15
BDI HITTING THE ALL-TIME LOW; FFA MARKETS NOT SHOWING ANY POSITIVE SIGNS
With the BDI hitting the all-time low and with FFA markets not showing any positive signs for a possible recovery in the near future, pessimism is ...
Tuesday, 10 February 15
IRON ORE MARKET TO REMAIN OVERSUPPLIED IN 2015: PRICE FORECAST $70/T - WOOD MACKENZIE
COALspot.com: With January witnessing the price of iron ore falling to its lowest levels since May 2009, Roger Emslie, Principal Metals & ...
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- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
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