COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 14 August 13
ANOTHER WEEK IN THE RED FOR DRY BULK CARRIERS - INTERMODAL


Chartering (Wet: Stable-  / Dry: Stable- )
Another week in the red for Dry Bulk carriers with the market losing further steam as fewer and fewer inquiries were entering the market. There is still some activity in the USGulf and Black Sea region for some of the smaller sizes, however the larger capes have little to look forward to till at least September.

The BDI closed today (13/08/2013) at 1007 points, up by 11 points compared to Monday’s levels (12/08/2013) and a decrease of 39 points compared to previous Tuesday’s levels (06/08/2013). Despite much of the East being closed towards the end of last week and the Eid holidays going on in the Middle East, the crude oil market was still able to note some significant improvement over one week ago thanks to firming conditions in the North Sea/Baltic for Afras and WAF for Suezmaxes. The BDTI Monday (12/08/2013), was at 631 points, an increase of 13 points and the BCTI at 570, a decrease of 42 points compared to the previous Monday’s levels (05/08/2013).

With activity dropping this week in the Atlantic  basin and the Pacific  showing no real sign of hope,  Capes were back on the downward trail, cooling off any hope that the market would refrain from a too  strong drop this summer. It now looks as though we may well be on a strong downward course which will unlikely reverse till the  start of September at which time all going well, demand for restocking should be recovering once again.

The Panamaxes seemed to have caught themselves in a nasty downward spiral, with the drop in rates continuing on this week as further market  support was lost. Charterers are seemingly relaxing their interest in both basins, causing a shortage of cargoes and a building up of open tonnages all around. The only notable activity to be seen was that coming out of the USGulf which seemed to be feeding the market with some hope and helping owners fend off any rapid drop in freight rates.

Another overall slow week in both basins for Supras with only the Cont/ Med keeping things moving and allowing for rates to close of the week with a barely positive change compared to a week prior. Grain activity from the Black Sea seem to be still coming in strong and keeping things moving, while the pacific  sank into almost complete silence as the holidays in Asia  kept activity to a minimum. The Handies were to close off the week with a negative w-o-w change in freight rates as things seemed to not go so well especially as activity from the US Gulf started to drop.

Compiled by:
Intermodal Research & Valuations |
research@intermodal.gr

Analysts:
Mr. George Lazaridis |
g.lazaridis@intermodal.gr
Ms. Eva Tzima |
e.tzima@intermodal.gr  

Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various  sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no re-producing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.

Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 26 September 13
INTERCARGO PUBLISHES BENCHMARKING BULK CARRIERS 2012-13 REPORT
The International Association of Dry Cargo Shipowners (Intercargo) has today launched Benchmarking Bulk Carriers 2012-13, the latest edition of our ...


Thursday, 26 September 13
DRY BULK MARKET KEEPS ON RALLYING ON THE BACK OF HIGH CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept its momentum over the course of the past week, on the back of increased demand for Capesizes and an improvement of mark ...


Wednesday, 25 September 13
RBCT'S COAL EXPORT DECLINES IN AUGUST
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest coal export terminal in South African as well as in the world has shipped 16. ...


Wednesday, 25 September 13
CAPES TOUCHING RATES NO ONE BELIEVED COULD BE ACHIEVED IN 2013 - INTERMODAL
Chartering (Wet: Stable- / Dry: Firm+ ) The Dry Bulk market is the gift that keeps on giving these days. With rates for Capes touching numbers ...


Wednesday, 25 September 13
IS IT TIME AGAIN TO SUPERSIZE AGAIN? - GEORGE LAZARIDIS
After an early arrival of the seasonal rally in the Capesize market, things look to be on the upbeat for these dry bulk giants. With the Index reach ...


   819 820 821 822 823   
Showing 4101 to 4105 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Lafarge - France
  • World Bank
  • Rashtriya Ispat Nigam Limited - India
  • Metalloyd Limited - United Kingdom
  • ICICI Bank Limited - India
  • Tamil Nadu electricity Board
  • IEA Clean Coal Centre - UK
  • Indonesia Power. PT
  • Sindya Power Generating Company Private Ltd
  • Madhucon Powers Ltd - India
  • Humpuss - Indonesia
  • Geoservices-GeoAssay Lab
  • Surastha Cement
  • IHS Mccloskey Coal Group - USA
  • Independent Power Producers Association of India
  • Platou - Singapore
  • Japan Coal Energy Center
  • Bukit Baiduri Energy - Indonesia
  • The State Trading Corporation of India Ltd
  • APGENCO India
  • Siam City Cement PLC, Thailand
  • Marubeni Corporation - India
  • Indorama - Singapore
  • Aboitiz Power Corporation - Philippines
  • Merrill Lynch Commodities Europe
  • TGV SRAAC LIMITED, India
  • Wood Mackenzie - Singapore
  • Commonwealth Bank - Australia
  • Kepco SPC Power Corporation, Philippines
  • JPower - Japan
  • Inco-Indonesia
  • SUEK AG - Indonesia
  • Bhushan Steel Limited - India
  • Orica Australia Pty. Ltd.
  • Sucofindo - Indonesia
  • Indika Energy - Indonesia
  • HSBC - Hong Kong
  • White Energy Company Limited
  • PLN - Indonesia
  • Energy Link Ltd, New Zealand
  • Clarksons - UK
  • SMC Global Power, Philippines
  • The University of Queensland
  • PNOC Exploration Corporation - Philippines
  • Meenaskhi Energy Private Limited - India
  • Karaikal Port Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • ACC Limited - India
  • Coaltrans Conferences
  • Leighton Contractors Pty Ltd - Australia
  • WorleyParsons
  • Miang Besar Coal Terminal - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Singapore Mercantile Exchange
  • GAC Shipping (India) Pvt Ltd
  • Standard Chartered Bank - UAE
  • Kobe Steel Ltd - Japan
  • Borneo Indobara - Indonesia
  • Indian Oil Corporation Limited
  • Thermax Limited - India
  • Parry Sugars Refinery, India
  • NALCO India
  • Heidelberg Cement - Germany
  • India Bulls Power Limited - India
  • Sical Logistics Limited - India
  • KEPCO - South Korea
  • Deloitte Consulting - India
  • BRS Brokers - Singapore
  • Cement Manufacturers Association - India
  • CoalTek, United States
  • Tanito Harum - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Core Mineral Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Credit Suisse - India
  • Chamber of Mines of South Africa
  • TNPL - India
  • Aditya Birla Group - India
  • Fearnleys - India
  • Pendopo Energi Batubara - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Energy Development Corp, Philippines
  • Uttam Galva Steels Limited - India
  • UBS Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Sinarmas Energy and Mining - Indonesia
  • Gujarat Sidhee Cement - India
  • TeaM Sual Corporation - Philippines
  • Parliament of New Zealand
  • Ministry of Finance - Indonesia
  • Maybank - Singapore
  • Intertek Mineral Services - Indonesia
  • Indian Energy Exchange, India
  • Billiton Holdings Pty Ltd - Australia
  • Semirara Mining and Power Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • The India Cements Ltd
  • RBS Sempra - UK
  • Australian Coal Association
  • Attock Cement Pakistan Limited
  • European Bulk Services B.V. - Netherlands
  • Electricity Generating Authority of Thailand
  • Ambuja Cements Ltd - India
  • KOWEPO - South Korea
  • Malabar Cements Ltd - India
  • Thailand Anthracite
  • CIMB Investment Bank - Malaysia
  • EMO - The Netherlands
  • Kalimantan Lumbung Energi - Indonesia
  • Medco Energi Mining Internasional
  • Coastal Gujarat Power Limited - India
  • Mjunction Services Limited - India
  • Port Waratah Coal Services - Australia
  • KPMG - USA
  • Cardiff University - UK
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Price Waterhouse Coopers - Russia
  • Freeport Indonesia
  • MS Steel International - UAE
  • Indo Tambangraya Megah - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Bank of China, Malaysia
  • Planning Commission, India
  • Ministry of Mines - Canada
  • Baramulti Group, Indonesia
  • Electricity Authority, New Zealand
  • ANZ Bank - Australia
  • Maruti Cements - India
  • Goldman Sachs - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • Central Electricity Authority - India
  • Manunggal Multi Energi - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Essar Steel Hazira Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • San Jose City I Power Corp, Philippines
  • globalCOAL - UK
  • Ministry of Transport, Egypt
  • London Commodity Brokers - England
  • Adani Power Ltd - India
  • Antam Resourcindo - Indonesia
  • Semirara Mining Corp, Philippines
  • Coeclerici Indonesia
  • Arch Coal - USA
  • Chettinad Cement Corporation Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Ceylon Electricity Board - Sri Lanka
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Deutsche Bank - India
  • Kobexindo Tractors - Indoneisa
  • Bhatia International Limited - India
  • Argus Media - Singapore
  • Bharathi Cement Corporation - India
  • Binh Thuan Hamico - Vietnam
  • Meralco Power Generation, Philippines
  • Mitsubishi Corporation
  • Pinang Coal Indonesia
  • KPCL - India
  • Glencore India Pvt. Ltd
  • PLN Batubara - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Mitsui
  • Ind-Barath Power Infra Limited - India
  • Siam City Cement - Thailand
  • Cargill India Pvt Ltd
  • Africa Commodities Group - South Africa
  • TNB Fuel Sdn Bhd - Malaysia
  • Interocean Group of Companies - India
  • Sarangani Energy Corporation, Philippines
  • Tata Chemicals Ltd - India
  • Indogreen Group - Indonesia
  • Riau Bara Harum - Indonesia
  • GVK Power & Infra Limited - India
  • Platts
  • Coal India Limited
  • GHCL Limited - India
  • Xstrata Coal
  • Edison Trading Spa - Italy
  • Jindal Steel & Power Ltd - India
  • Australian Commodity Traders Exchange
  • Holcim Trading Pte Ltd - Singapore
  • Thiess Contractors Indonesia
  • SMG Consultants - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • JPMorgan - India
  • Asia Cement - Taiwan
  • Videocon Industries ltd - India
  • South Luzon Thermal Energy Corporation
  • Bukit Asam (Persero) Tbk - Indonesia
  • Carbofer General Trading SA - India
  • DBS Bank - Singapore
  • Samsung - South Korea
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Savvy Resources Ltd - HongKong
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Grasim Industreis Ltd - India
  • Mercator Lines Limited - India
  • Renaissance Capital - South Africa
  • IOL Indonesia
  • Moodys - Singapore
  • Ernst & Young Pvt. Ltd.
  • Gujarat Mineral Development Corp Ltd - India
  • Indian School of Mines
  • OPG Power Generation Pvt Ltd - India
  • Eastern Coal Council - USA
  • Barasentosa Lestari - Indonesia
  • Makarim & Taira - Indonesia
  • Sakthi Sugars Limited - India
  • Ince & co LLP
  • Bangladesh Power Developement Board
  • Jaiprakash Power Ventures ltd
  • Merrill Lynch Bank
  • Directorate General of MIneral and Coal - Indonesia
  • Bank of America
  • Berau Coal - Indonesia
  • Idemitsu - Japan
  • AsiaOL BioFuels Corp., Philippines
  • Panama Canal Authority
  • Bukit Makmur.PT - Indonesia
  • Permata Bank - Indonesia
  • Oldendorff Carriers - Singapore
  • Simpson Spence & Young - Indonesia
  • Enel Italy
  • Maersk Broker
  • Romanian Commodities Exchange
  • CCIC - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Qatrana Cement - Jordan
  • CNBM International Corporation - China
  • Therma Luzon, Inc, Philippines
  • Eastern Energy - Thailand
  • Vedanta Resources Plc - India
  • Britmindo - Indonesia
  • PowerSource Philippines DevCo
  • Gupta Coal India Ltd
  • EIA - United States
  • Central Java Power - Indonesia
  • Star Paper Mills Limited - India
  • Salva Resources Pvt Ltd - India
  • Mintek Dendrill Indonesia
  • Barclays Capital - USA
  • Trasteel International SA, Italy
  • Kideco Jaya Agung - Indonesia
  • Rudhra Energy - India
  • TRAFIGURA, South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • Banpu Public Company Limited - Thailand
  • World Coal - UK
  • VISA Power Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Total Coal South Africa
  • Samtan Co., Ltd - South Korea
  • Thomson Reuters GRC
  • Arutmin Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Vale Mozambique
  • SGS (Thailand) Limited
  • Shree Cement - India
  • Kumho Petrochemical, South Korea
  • Kohat Cement Company Ltd. - Pakistan
  • Larsen & Toubro Limited - India
  • MEC Coal - Indonesia
  • Lanco Infratech Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Mechel - Russia
  • Jatenergy - Australia
  • Sojitz Corporation - Japan
  • Directorate Of Revenue Intelligence - India
  • Gujarat Electricity Regulatory Commission - India
  • Mercuria Energy - Indonesia
  • Bulk Trading Sa - Switzerland
  • Infraline Energy - India
  • GN Power Mariveles Coal Plant, Philippines
  • Global Business Power Corporation, Philippines
  • Agrawal Coal Company - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Orica Mining Services - Indonesia
  • TANGEDCO India
  • PTC India Limited - India
  • Reliance Power - India
  • Shenhua Group - China
  • Minerals Council of Australia
  • Anglo American - United Kingdom
  • McConnell Dowell - Australia
  • Tata Power - India
  • New Zealand Coal & Carbon
  • Altura Mining Limited, Indonesia
  • Peabody Energy - USA
  • IMC Shipping - Singapore
  • Cebu Energy, Philippines
  • GB Group - China
  • Inspectorate - India
  • Power Finance Corporation Ltd., India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SN Aboitiz Power Inc, Philippines
  • Asian Development Bank
  • GNFC Limited - India
  • U S Energy Resources
  • McKinsey & Co - India
  • IBC Asia (S) Pte Ltd
  • Straits Asia Resources Limited - Singapore
  • Cemex - Philippines
  • Mitra SK Pvt Ltd - India
  • Economic Council, Georgia
  • Petron Corporation, Philippines
  • Bangkok Bank PCL
  • Rio Tinto Coal - Australia
  • ETA - Dubai
  • Thai Mozambique Logistica
  • Alfred C Toepfer International GmbH - Germany
  • Dalmia Cement Bharat India
  • Kartika Selabumi Mining - Indonesia
  • Noble Europe Ltd - UK
  • OCBC - Singapore
  • Latin American Coal - Colombia
  • Vitol - Bahrain
  • Coalindo Energy - Indonesia
  • bp singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • SRK Consulting
  • NTPC Limited - India
  • PetroVietnam
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Malco - India
  • Bayan Resources Tbk. - Indonesia
  • Gresik Semen - Indonesia
  • CESC Limited - India
  • Wilmar Investment Holdings
  • Bhoruka Overseas - Indonesia
  • Georgia Ports Authority, United States
  • Formosa Plastics Group - Taiwan
  • Coal and Oil Company - UAE
  • Maheswari Brothers Coal Limited - India
  • Adaro Indonesia
  • GMR Energy Limited - India
  • BNP Paribas - Singapore
  • Russian Coal LLC
  • Posco Energy - South Korea
  • Coal Orbis AG
  • UOB Asia (HK) Ltd
  • Runge Indonesia
  • Petrosea - Indonesia
  • J M Baxi & Co - India
  • Cosco
  • Xindia Steels Limited - India
  • Toyota Tsusho Corporation, Japan
  • ING Bank NV - Singapore
  • Global Coal Blending Company Limited - Australia
  • Vizag Seaport Private Limited - India
  • The Treasury - Australian Government
  • SASOL - South Africa
  • ASAPP Information Group - India
  • Indonesian Coal Mining Association
  • Thriveni