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Thursday, 03 December 15
PANAMAX BUSINESS REMAINED UNDER PRESSURE LAST WEEK
 COALspot.com: Following the new record lows the Dry Bulk market witnessed the week prior, the BDI took a much needed breath during the past days.
According to Intermodal, the long due upward correction as achieved entirely on the back of greatly improving Cape size rates, which jumped over 6% week on week. While it definitely makes a substantial difference for Capes to once again operate above OPEX, sentiment in the market remains overall weak, as the improving earnings for the big bulkers seem to have made no meaningful difference for the rest o the segments.
The Greece based broker further noted that, the manufacturing activity in China has fallen to a 3 year low, are certainly stressing further the challenging environment in which the country’s slowing down economy is expected to meet its growth targets, while it also creates additional worries in regards to demand for commodities that is already falling short of expectations set earlier in the year.
Putting a halt to the streak of weekly negative closings, the Capesize market noted an impressive jump last week, which ended with average rates for the segment more than doubling. The presence of iron ore majors in the Pacific mid-week onwards has allowed for a rebalancing of the market, which is nonetheless still in need of a longer period of healthier rates before it regains any confidence back, Intermodal said.
Commenting on Panamax, the broker said that, the Panamax business remained under pressure last week, while despite the fact that rates failed to enjoy any of the Cape size upside, there was a sense that the market as stabilizing towards the end of the week.
Handy size / Supramax tonnage also failed to enjoy any improvement, with the exception of business in the ECSA and USG that is still giving a 30%-40% premium, while the increase in activity overall as certainly more than welcome, Intermodal concluded.
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Tuesday, 03 November 15
EU OIL MAJORS FACE FURTHER EARNINGS DECLINE IN Q415 - FITCH RATINGS
The sharp drop in major European oil companies' third-quarter profits is likely to be extended in the fourth quarter as refining margins, which ...
Monday, 02 November 15
DESPITE CHALLENGING MARKET CONDITIONS, ADARO LOWERS COSTS, DEBT AND DELIVERS STRONG FREE CASH FLOW
COALspot.com: Despite challenging market conditions, Adaro lowers costs, lowers debt and delivers strong free cash flow.
The Indonesia’s ...
Monday, 02 November 15
CFR SOUTH CHINA COAL SWAPS CLOSED ON A WEAK NOTE
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.81(3.71 %) per ton month over month.
A commodity swap ...
Sunday, 01 November 15
THE FREIGHT MARKET SENTIMENT REMAINS WEAK
This week’s freight market sentiment remains weak compared to last week.
The Baltic Dry Index (BDI), an economic indicator issued daily ...
Saturday, 31 October 15
ADARO ENERGY'S CORE EARNINGS DECLINE 21 PER CENT FOR THE NINE MONTHS PERIOD TO SEPTEMBER 2015
COALspot.com: Adaro Energy's core earnings decline 21% to US$228 Million for first 9months of this year compared to the same period last year. ...
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- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
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