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Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
 The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic Dry Index (BDI) reached its lowest point since 1985 and the average BDI was 43% weaker compared to the prior year. The period markets traded at a slight premium to the spot markets and the freight market remained heavily weighted down under an oversupplied fleet and a slowdown in seaborne demand, says Clarksons.
According to Clarksons , the net fleet growth slowed to 7m dwt, 1% year-to-date, as demolition reached a record 20m dwt and new deliveries slowed to 27m dwt. Dry bulk seaborne demand suffered alongside the decline in China’s industrial production. Steel and cement production declined by 1.3% and 5.3% respectively, both contributing to the decline in thermal power demand, which in turn led to the decline in coal imports. Iron ore imports also suffered but to a lesser degree as low cost ore from Australia and Brazil substituted high cost domestic and international supplies.
Clarksons further noted that, seaborne demand is expected to increase during the second half of 2015, after a 15 month destocking period in China, at the same time as significant slowing in fleet growth. Structurally the market is however still oversupplied which is evident in the average vessel speed which is approximately 2 knots below the optimum market speed. An improvement in world GDP and a slower fleet growth will in the medium-term create a stronger freight market and ultimately a sustained recovery.
Source: Clarksons
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Tuesday, 01 September 15
FOB INDONESIA COAL SWAPS FURTHER SLIDE TO US$ 40.62 PMT; DECLINE 5.34 PERCENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and slightly dropped week over week.
The 4Q swap was declined ...
Tuesday, 01 September 15
FOB RICHARDS BAY COAL SWAPS STILL SLIDING; Q2'16 DELIVERY LOST AROUND 6 PERCENT M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 gain week over week but declined month over month.
The 4Q swap was dow ...
Monday, 31 August 15
API 5 FOB NEWCASTLE COAL SWAP GAINS WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.85 per MT (-4.23%) month over month to US$ 41.87 per mt. The swap ...
Monday, 31 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP ENDS DOWN MORE THAN 4 PERCENT MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.91 (3.78%) per MT month over month.
A commodity ...
Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...
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- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
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