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Wednesday, 09 July 14
PANAMAX MARKET FINALLY CORRECTING UPWARDS; AVERAGE TC MORE THAN DOUBLING WEEK ON WEEK - INTERMODAL
The Dry Bulk market has closed off on Friday on a more positive note, with most segments noting weekly gains and the Panamax market finally correcting upwards, following an extremely bad performance during almost the entire month of June, while with the exception of Panamaxes, period figures across the board were off last dones, said intermodal ship broker.
On the Cape market, the shipbroker noted that, rates for Capes kicked off the week witnessing substantial firming, although as the days progressed a substantial part of the gains got erased, on the back of limited business in both basins. As of yesterday, the Atlantic Capesize market remains a bit slow while Pacific Capesize business continues to ease, indicating that the negative trend will continue at least for the short term.
Intermodal said in its latest weekly report that, In the smaller size segments things remained overall unchanged, with rates for Supras moving slightly up and those for Handies slightly down respectively rates softened further, with rates for Supras finding support in slightly increased Pacific enquiry, while the USG business remained thin throughout the week.
Finally, on the Panamax markets, the ship broker Intermodal reported that, Panamax rates on the other hand, bounced off their lows and kept on strengthening throughout the week, with the average TC more than doubling week-on-week, while the Atlantic kept offering fresh cargoes, allowing for key areas to breath over less tonnage availability.
It looks like this week will most probably offer some further rate upside as well, as we are currently seeing rates in both basins to keep firming. A continuous infusion of fresh inquiry will be needed to sustain these gains though, as lists of available tonnage are still quite long.
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Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
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- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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