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Friday, 12 June 15
EXPECTATIONS IN REGARDS TO THE SUMMER SEASON VARY ACROSS THE MARKET - INTERMODAL
Panamax The Dry Bulk market closed off last slightly up last week, with the BDI re-gaining the 600 points level, while the driving force behind the increase was the Panamax sector, which following some very challenging weeks during May, finally managed to take a small breather, says Intermodal its recent weekly report.

Expectations in regards to the summer season vary across the market.

The Greece based broker further noted that, the more optimistic are focusing on Chinese iron ore inventories and the fact that traditionally the re-stocking that takes place following a decrease in port inventories boosts Capesize rates and lifts the entire market. Although this is true, the fact that Chinese demand for steel has been faltering is what is key here, while let’s not forget that last year, which was an exceptional year in terms of Chinese iron ore imports, rates disappointed vastly, which bring us back to the tonnage oversupply issue that still seems to be weighing heavily on the market.

The Capesize market was quiet last week, especially in the Atlantic, while talk of iron ore majors being active in the Pacific emerged just before the market slid into the weekend.

Commenting on Panamax Intermodal said, the Atlantic Panamax kept improving last week as ECSA remained a steady provider of fresh enquiry amidst balanced supply of tonnage in the region. The Pacific market kept moving sideways at the same time, while period enquiry saw some steady numbers.

The Atlantic Handysize/ Handymax/ Supramax market improved significantly last week with some very good numbers being reported positionally. At the same time the Black Sea/Med witnessed persisting lack of enquiry, while steady numbers were being observed in the Far East.


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Wednesday, 26 August 15
2Q'16 FOB INDONESIA COAL SWAP FALLS NEARLY 4.76 PER CENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week. The 4Q swap was declined $ 2.20 (-5.13%) p ...


Tuesday, 25 August 15
INDONESIA MINERS' NPLS TO RISE FURTHER, BANK RISKS BUILD - FITCH
The NPLs of Indonesian mine and mine services companies are likely to rise further in the short term, says Fitch Ratings, after reaching multi-year ...


Tuesday, 25 August 15
MINER'S EARNINGS DROP ON FALLING COAL PRICES; Q2'16 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 52.23 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


Monday, 24 August 15
FOB NEWCASTLE COAL SWAPS HIT FRESH LOW, DIPPING BELOW $42 A TON
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month over month to US$ 41.70 per mt. The swap ...


Monday, 24 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 48.65 PMT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.89 (3.74%) per MT month over month. A commodity ...


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