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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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Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report.
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Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...
Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...
Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...
Tuesday, 20 January 15
INDIA TO SURPASS THE UNITED STATES AND BECOME THE SECOND-LARGEST COAL CONSUMER IN THE WORLD BY 2019 - IMF
COALspot.com: In 2013, coal added more primary energy than any other fuel and was the fastest-growing fossil fuel, enhancing its position as the se ...
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- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- London Commodity Brokers - England
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
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