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Wednesday, 05 March 14
THE BIG BULKERS HAVE IN FACT WITNESSED SIGNIFICANT IMPROVEMENTS IN BOTH BASINS
The BDI continues to gain back some of the lost ground, although in reality there isn't a lot to celebrate about, as the increase of the BDI this week was mostly the result of Capes strengthening. It is definitely too early to make any predictions in relation to the developments in Ukraine but we already witnessed sentiment being affected as uncertainty is sometimes almost as bad as negative news themselves. The Russian President said today that his country isn't considering adding Crimea to Russia, which calmed markets a bit, so we are hoping that the situation wont escalate further.
The Capesize segment was the strongest link this past week, with the BCI climbing to over 2,000 points.
The big bulkers have in fact witnessed significant improvements in both basins, with rates in Pacific enjoying the strong presence of mining majors. The Atlantic Panamax business struggled close to the end of the week, as post Lunar Year ballasters from the Pacific have now arrived and little new business was seen for tonnage open on the Continent or in the Med. There were talks of some fresh inquiry from East Coast South America, with rates trending sideways on shorter tonnage list s and fewer ballasters in transit. The Pacific basin was under pressure, with rates easing for trips via Indonesia and Nopac rounds.
The performance of rates for the smaller size segments has remained overall steady in both basins, with Supra tonnage feeling some pressure from gathering ballasters in the U SG region, which nevertheless is expected to ease this current week.
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.
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Friday, 17 January 14
SPOT COAL PRICE TRENDS IN US VARY ACROSS KEY BASINS DURING 2013, SAYS EIA
COALspot.com: Spot steam coal price trends in US varied across key basins in 2013, a latest EIA report says. Compared with 2012, while total coal de ...
Thursday, 16 January 14
PANAMAX : THE GAP BETWEEN SPOT AND PERIOD HAS INCREASED IN BOTH HEMISPHERES - FEARNRESEARCH
Handy
In the Atlantic we have seen rates slowly sliding on lack of enough fresh business. USG/Continent still paying excess 28k and seems on an upw ...
Thursday, 16 January 14
SHIP OWNERS SCRAP 1,119 SHIPS DURING 2013 ON THE BACK OF OVERSUPPLY ISSUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Scrapping of older vessels is still the best bet that ship owners can make, in order to improve their newer vessels' fortunes, amid an oversupply o ...
Wednesday, 15 January 14
KOREA MIDLAND POWER CO INVITES BIDS FOR 360K MT OF SUB-BITUMINOUS COAL FOR ITS BORYEONG PLANT
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 360,000 Metric Tons (MT) of sub-bituminous ...
Wednesday, 15 January 14
CFR SOUTH CHINA COAL SWAPS FALL BY 6.57% MONTH ON MONTH
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 6.57 percept month on month and closed at US$ 78.90 per mt as ...
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- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- The University of Queensland
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
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