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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, 11 August 15
GLOBAL PRODUCTION OF CRUDE STEEL REACHED A NEW ALL-TIME HIGH OF 1,661M TONNES IN 2014 - VDKI
COALpot.com: Global production of crude steel reached a new all-time high of 1,661m tonnes in 2014, said German Coal Importer Association, in its l ...
Tuesday, 11 August 15
2016 CFR S.CHINA COAL SWAPS CLOSED SLIGHTLY HIGHER THAN 4Q 2015 CLOSING PRICES; BUT NOT SIGNIFICANT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 10 (0.20%) per MT month over month.
A commodi ...
Monday, 10 August 15
SOUTH KOREAN UTILITY KOMIPO INVITES BITUMINOUS COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 560,000 Metric Tons (MT) of 4,600kcal/kg NAR c ...
Sunday, 09 August 15
THE PANAMAX MARKET HAS REMAINED WEAK THIS WEEK
COALspot.com: The freight market continued to be buoyant with cape index pushing the BDI.
The BDI was up 10.49% and closed at 1200 points on 7 ...
Friday, 07 August 15
COAL PRICE DEVELOPMENTS CAN ONLY BE DESCRIBED, SUCCINCTLY AS "OVERSUPPLY MEETS SUBDUED DEMAND" - VDKI
Coal Outlook 2015 – International
Regarding the outlook for global coal trading, two questions arise: firstly, “ whether the years of ...
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- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- White Energy Company Limited
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- The University of Queensland
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
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