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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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Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...
Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
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- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
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