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Thursday, 21 May 15
ATLANTIC PANAMAX MARKET STARTED TO IMPROVE SLOWLY - INTERMODAL
IntermodalCOALspot.com: The Dry Bulk market closed off the week on the green last week, purely on the back of improved Capesize performance, while the rest of the segments moved sideways, denying the sector even the slightest change in sentiment, said Intermodal in its latest weekly report.

According to Greece based broker, despite the jump in Cape rates, the market remains under pressure with average T/C rates for all sizes segments faring below $7,000/day and barely covering OPEX in the best of cases. At the same time it is very worrying to note that even amidst what are considered “hot” seasons for regions in the likes of ECSA, the market has been unable to advance, with further fears emerging if one tries to assess what is due to happen once things slow down further.

Intermodal noted that, rates for Capes were for a second week in a row the only substantial positive exception in an otherwise uninspiring market, with activity in both basins reviving significantly and reports signaling the return of majors in the Pacific. Sentiment nonetheless has not improved much from the week prior and given the lows rates have been hovering around, current levels can hardly allow for big hopes to built up. The following days are set to offer a better idea as to how meaningful this recent upside could be. 
According to broker, the Atlantic Panamax market started to improve slowly following holidays in a number of European countries, while the Pacific Panamax was still moving sideways as the market slid into the weekend.

Rates for the geared sizes slightly improved in the Pacific following a fairly quiet first half of the month in the region, while improved rates were also being achieved out of Continent with Atlantic business remaining overall stable.


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Wednesday, 20 May 15
FOB RICHARDS BAY COAL SWAPS GAINED M-O-M, W-O-W
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Wednesday, 20 May 15
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Wednesday, 20 May 15
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Tuesday, 19 May 15
KOMIPO IS SEEKING TOTAL 2.34 MMT OF HCV AND LCV COAL FOR 2015 - 2017
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Monday, 18 May 15
FOB NEWCASTLE COAL SWAPS SCORE MONTHLY GAINS
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