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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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Wednesday, 04 December 13
INDONESIAN COAL EXPORTS VOLUME AND REVENUE IN OCTOBER MARCHED TOWARDS NORTH
COALspot.com: Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $1.76* billion worth of ...
Wednesday, 04 December 13
WEST AUSTRALIA IRON ORE FIXTURES ALSO CONTINUING TO PROVIDE A STEADY FLOW OF BUSINESS FOR CAPES - INTERMODAL
The Dry Bulk market has reversed course this past week, bringing back some of the lost excitement of the past month, as all size segments climbed hi ...
Wednesday, 04 December 13
THE BUYERS' DEMAND IS CONTINUOUSLY BULLISH - KONSTANTINOS KONTOMICHIS
The very low rates that prevailed for the bigger part of 2013 seem to have prepared the ground for buying opportunities for shipping investors. The ...
Wednesday, 04 December 13
SGX AND CFA TO COLLABORATE TO DEVELOP DERIVATIVES MARKETS IN CHINA AND SINGAPORE
Singapore Exchange (SGX) and the China Futures Association (CFA) are cooperating in the development of derivatives markets in China and Singapore.
...
Wednesday, 04 December 13
SGX'S MONTHLY VOLUMES REACHED A RECORD HIGH OF 705,000 MT IN NOVEMBER 2013
COALspot.com: SGX has announced that, it monthly volumes have reached a record high of 705 lots (705,000 mt) in November 2013 with month-end open in ...
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- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- The University of Queensland
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
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