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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, 30 June 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED $ 43.45 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and flat week over week, this past week.
The Q3 swap was decli ...
Monday, 29 June 15
CFR SOUTH CHINA COAL SWAPS UP SLIGHTLY MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 0.57 (1.11%) per MT month over month.
A commodity swap is a ...
Monday, 29 June 15
FOB NEWCASTLE COAL SWAP SLIGHTLY UP MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.49 per MT (1.08%) month over month to US$ 45.77 per mt. The swap was ...
Saturday, 27 June 15
THE FREIGHT MARKET WAS STEADY EARLIER IN THE WEEK; SOFTEN INTO WEEK'S END
COALspot.com: The freight market remain steady earlier in the week, but towards end of the week BDI and BCI shows some signs of softening.
The ...
Friday, 26 June 15
INDONESIA COAL PRODUCTION FALLS BETWEEN JAN-MAY : JG
The Ministry of Energy and Mineral Resources announced that coal production declined to 166 million tons between January and May, a 19 percent drop ...
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- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Economic Council, Georgia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
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