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