We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 21 August 13
RATES FOR CAPES MOVED DECISIVELY NORTH THIS WEEK - INTERMODAL
COALspot.com - Right when the BDI seemed ready for another dive below the 1000 points level, the Dry Bulk market made significant comeback this week, attributed entirely to the stellar performance of the Capesize segment, Intermodal said in its latest weekly report.
Intermodal’s weekly research report further indicated that, rates for Capes moved decisively north this week, with fixing activity firing up in both basins. Some big names like Vale come to the rescue by concluding a significant number of fixtures in the Atlantic, while at the same time the trans-Atlantic round voyage surpassed the $ 12,000/ day level.
Rates for the segment have been moving pretty much in a yo-yo pattern, thus not allowing owners to crack open the champagne bottles just yet. Saying that, it wasn't long ago that the average rate was quoted at the low $4000/day, so it might be safe to say that a new flow has been created just below $ 10,000 /day and we sure hope for it not to break.
The positive sentiment washing over the Capesize segment wasn't shared by the Panamax sector. Despite some fresh inquiries appearing in the Atlantic in the beginning of the week, the long ballasters lists managed to further weigh down on rates in the region.
At the same time, the performance of rates for both Supras and Handies witnessed another uninspiring week. The former witnessed less fixing activity ex-US Gulf, which was nevertheless counterbalanced by firm flow of Black Sea grain cargoes.
Chartering (Wet: Softer- / Dry: Firm+ )
When it comes to the Dry Bulk market “drying up” leave it to Capes to turn things around. While the rest of the segments moved sideways last week, Cape rates shoot up as charterers got excited in both basins. The BDI closed yesterday (20/08/2013) at 1145 points, up by 30 points compared to Monday’s levels (19/08/2013) and an increase of 138 points compared to previous Tuesday’s levels (13/08/2013).
While Afras enjoyed a great week and Suezmaxes showed some resistance in an uninspiring market, rates for VLs dropped even further providing no hope whatsoever for an August positive reversal. The BDTI Monday (19/08/2013), was at 647 points, an increase of 16 points and the BCTI at 552, a decrease of 18 points compared to the previous Monday’s levels (12/08/2013).
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.
|
|
Saturday, 10 August 13
DEMOLITION ACTIVITY TO BE CRUCIAL AGAIN IN PROVIDING SUPPORT TO THE DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
We appear to have forgotten demolition activity this year, with the Baltic Dry Index gaining traction in the latter part of the second half and emer ...
Friday, 09 August 13
US PRODUCED 4.00 PERCENT LESS COAL ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.00 million short tons (mmst) of ...
Thursday, 08 August 13
HANDY : NO POSITIVE SENTIMENT FOR THE FAR EAST MARKET - FEARNRESEARCH
Handy
No positive sentiment for the Far East market. There are a number of ships coming open in SE Asia this week and owners rating mid/high USD 8k ...
Thursday, 08 August 13
MALAYSIA HOSTS THIRD ANNUAL ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release : The third Annual Asian Sub-Bituminous Coal Users’ Group (ASBCUG) conference convenes Sept. 30-Oct. 3 at the Eastern & Orie ...
Wednesday, 07 August 13
HANDIES : FINDING IT DIFFICULT TO SUSTAIN THEIR PREVIOUS LEVELS - KONSTANTINOS KONTOMICHIS
Broker's insight
by Konstantinos Kontomichis,
SnP Broker
Entering the most predictable month of the year, as expected the seasonal effects ha ...
|
|
|
Showing 4171 to 4175 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
|
| |
| |
|