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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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Monday, 23 June 14
COAL SWAPS DROPS FURTHER MONTH ON MONTH ON WEAK DEMAND
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 6.91 percent month on month and closed at US$ 69.00 per mt a ...
Sunday, 22 June 14
THE PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA SLIPPED THIS WEEK
COALspot.com: The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell slightly on Friday ...
Friday, 20 June 14
DRY BULK MARKET LOOKING FOR UPSIDE ON ROBUST SEABORNE IRON ORE TRADE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn’t been able to justify the heightened expectations this year. Yesterday, the Baltic Dry Index managed to inch forwar ...
Friday, 20 June 14
US WEEKLY COAL PRODUCTION DROPS 1.8% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
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