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Wednesday, 08 October 14
CAPES RATE FOR THE W. AUSTRALIA TO CHINA VOYAGE MOVED TO BELOW $8/MT - INTERMODAL
The Dry Bulk market remained under pressure last week, with rates for Capes remaining on the red while those for Panamaxes managed to outperform the rest of the market, which overall displayed a mixed picture, broker intermodal said in its latest report. Whether this past week marked the slowdown of the negative trend or whether this was just a slowdown before another round of losses might be too early to say.
According to broker, from the looks of it though, we can surely say that sentiment still appears very fragile, with notably soft activity and fresh rate losses being noted across all segments in the beginning of this current week as well.
The broker further said, rates for Capes continued softening throughout last week, on the back of uninspiring activity persisting across both basins, while further losses were noted in the period market as well, bring the 6 months T/C closer to the $15,000/day level. The rate for the W. Australia to China voyage moved to below $8/mt, while previous talks of higher figures on more forward October dates never materialized, while activity ex-Brazil also remained uninspiring.
According to Intermodal, rates for Panamaxes noted the only substantial increases last week, pushing the average TC for the segment to back above $7,000/day, while the period market also witnessed improvements from the last dones.
Activity in the USG was particularly supportive for Panamax tonnage, while things in the Pacific remained overall quiet.
Rates for Supras and Handies moved slightly down and slightly up respectively, while the absence of the Chinese from the market was only felt positionally by both segments, concluded Intermodal.
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Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...
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- Thiess Contractors Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- Indonesian Coal Mining Association
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- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
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- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
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- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
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- Romanian Commodities Exchange
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- Sojitz Corporation - Japan
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- Lanco Infratech Ltd - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
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- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
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- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
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- The University of Queensland
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- Indian Energy Exchange, India
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- Tamil Nadu electricity Board
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- Australian Coal Association
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- Port Waratah Coal Services - Australia
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- Directorate General of MIneral and Coal - Indonesia
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- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
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