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Wednesday, 26 November 14
OVERSUPPLY OF TONNAGE PUSHED PANAMAX SEGMENT DOWN FOR ANOTHER WEEK
COALspot.com: The Dry Bulk market managed to reverse its course from the week prior and with the sole exception of the Panamax segment, we witnessed freight rate increases across the board, Intermodal said in its latest weekly report.
Intermodal further said, things quietened down a bit on Friday, mainly driven by the Capesize market, which lost some steam, while sentiment remains reservedly optimistic across the market, as the smaller size segments market appear to be gaining strength. At the same time, news that the central bank of China proceeded in cutting lending rates, were more than welcome by the markets, as the world’s second largest economy seems more determined to address its slowing economic growth., which is only good news for the Dry Bulk market.
According to broker, rates for Capes closed off the week on the green, on the back of increased enquiry in the Pacific, while the period market remained unchanged with enquiry thin in volume. Things slowed down on Friday, while as this week kicked off it seems that enquiry is still under pressure, with the W. Australia/Qingdao slowing down and things in Brazil remaining overall quiet.
Commenting on Panamax, the Intermodal said, the Panamax market was down for another week, while despite fresh business coming through in key trading areas, oversupply of tonnage is still the main issue, especially in regions like the USG. At the same time, numbers in the period market continued to soften with owners accepting further discounts amidst no clear direction of the market at the moment.
Rates for both Supras and Handies finally managed to close off positively, with the former finding support in both USG and ECSA, which eventually started supporting rates in both regions, while revived coal enquiry for Supra tonnage in the Pacific is currently supporting Supra rates, Intermodal noted.
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Friday, 10 October 14
U.S. PRODUCED 83.2 MMST OF COAL IN SEPTEMBER, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.6 million short tons (mmst) of coal in ...
Thursday, 09 October 14
CAPESIZE MARKET HAS CONTINUED TO SHOW WEAKNESS - FEARNLEYS
Handy
We mentioned last week that after several weeks of rate increase for the Supras, the bigger Panamaxes started to snap up better paying Supr ...
Thursday, 09 October 14
SHIPPING REMAINS CHALLENGED AS GLOBAL GROWTH DISAPPOINTS - BIMCO
The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. ...
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 th ...
Wednesday, 08 October 14
OIL COULD FALL TO USD80 BEFORE SHALE SUPPLY RESPONSE - FITCH
COALspot.com: Brent oil could fall as low as USD80 a barrel before triggering a self-correcting supply response with shale-oil drillers cutting inv ...
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- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- PTC India Limited - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Rio Tinto Coal - Australia
- The University of Queensland
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
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