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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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- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Aditya Birla Group - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
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