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, 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.

Recent News

Tuesday, 06 August 13
UNLEASHING SHALE GAS POTENTIAL AS A GLOBAL ENERGY GAME CHANGER
In its 4th year running, the Annual Shale Gas Conference will bring leaders from North American shale gas operators, key Asian regulators, multi ...


Tuesday, 06 August 13
GBCE APPOINTS BENJAMIN WILEY AS NEW MANAGING DIRECTOR
COALspot.com : GB Clean Energy Ltd. (GBCE) announced today that Mr. Benjamin Wiley has been appointed as Managing Director.  Mr. Wiley has ...


Tuesday, 06 August 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS FALL 23.16 PERCENT ON WEEK TO 2.26 MMT
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 15.8 percent week on week to 2.26 million mt for ...


Monday, 05 August 13
PAPERLESS TRADING (ELECTRONIC BILLS OF LADING) - FREQUENTLY ASKED QUESTIONS ("FAQS") - UK P&I CLUB
A number of Members have contacted the Club with queries regarding the use of electronic bills of lading and any potential consequences for P&I ...


Monday, 05 August 13
INDO GOVERNMENT'S DECLARED HBA IN AUGUST '13 FALL TO LOWEST LEVEL SINCE JANUARY '10
COALspot. com - HBA fell to US$ 76.70  this month, the lowest since January 2010. Indonesian Coal Price Reference fell 6.11% and hitting a 2013 ...


   834 835 836 837 838   
Showing 4176 to 4180 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 ...

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