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

Monday, 01 July 13
12TH CLEAN COAL FORUM INDONESIA 2013
Press Release: Produced by CDMC Events, The 12th Clean Coal Forum Indonesia 2013 will be held on Dec 5-6,2013 in Jakarta, Indonesia. It will generat ...


Monday, 01 July 13
INDIA AND CHINA STILL DOMINATING THE INDONESIAN THERMAL COAL EXPORT MARKET
COALspot.com:  Indonesia, the world's largest multi types coal exporter shipped  35.83* million tons of coal in May 2013, 1.40 per cent l ...


Sunday, 30 June 13
YEAR 2014 INDO SUB-BIT COAL SWAPS EXPECTED TO STAY BELOW 2013 LEVEL
COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 delivery have gained 0.08 percent  on a day lost on week ...


Sunday, 30 June 13
CAPESIZE RATES SEEN INCREASING ON HIGH DEMAND - VISTAAR
COALspot.com - The BDI continued to rise and saw a big gain on Friday. BDI increased 14 per cent week ended 28 June 2013, closed at 1171 points driv ...


Friday, 28 June 13
U.S. PRODUCED 1.52 PERCENT LESS COAL WEEK ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.40 million short tons (mmst) of ...


   844 845 846 847 848   
Showing 4226 to 4230 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 ...

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