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Thursday, 04 December 14
DRY BULK MARKET; ANOTHER DISAPPOINTING WEEK
COALspot.com: For those who have been hoping to see alignment of freight direction across the Dry Bulk market, this must have been another disappointing week, Intermodal said in its latest report.
According to Intermodal, it seems that every time the rates for Capes firm, the rest of the market is unable to follow course and vice versa. The BDI noted a sharp decline last week, a movement entirely attributed to the Cape size market, while at the same time the rest of the size segments enjoyed improved fundamentals that eventually boosted rates in most key regions. It is worth noting that one year ago the BDI was standing at 1,865 points, over 65% up from current levels.
Intermodal further said that, rates for Capes noted a big downward correction last week, while as sentiment was being shaken charterers quickly got the upper hand pushing owners to accept levels heavily discount compared to the week prior. With activity softening across both basins, the impact was felt both in the period and paper market, while this current week has kicked off with strong signs of further corrections ahead for the segment in the short term.
Broker Intermodal further said, fresh business across both sides of the Atlantic has been supporting Panamaxes throughout the past week, while we expect things to move sideways this week as the strongly negative performance of Capes is bound to weigh down on sentiment eventually. At the same time things still remain quiet in the Pacific, with the market there in search of balance between the volume of enquiry and the long list of ballasters in the region.
The broker noted that, rates for both Supras and Handies moved up for a second week in a row, with market talk of firming activity in the Black Sea supporting sentiment, while enquiry ex USG and ECSA continued to support owners’ ideas.
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Saturday, 22 November 14
THE FALL IN BUNKER PRICES REDUCE FUEL COSTS SIGNIFICANTLY - BIMCO, PETER SAND
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as USD 1 million a year if current price level st ...
Saturday, 22 November 14
DRY BULKERS NEWBUILDING DELIVERIES REACHED 11.8 MILLION DWT DURING THIRD QUARTER, NET FLEET GROWTH FOR 2014 TO REACH 5% - HELLENIC SHIPPING NEWS
The dry bulk market has rebounded since its less than impressive performance since the start of the year, but overall, third quarter figures could ...
Friday, 21 November 14
BUMI ENTERS INTO CONDITIONAL SALE & PURCHASE AGREEMENT TO SELL FBS STAKE
COALspot.com: PT Bumi Resources Tbk, one of the Indonesia's largest coal producers confirms that it has executed a Conditional Sale and Purchas ...
Friday, 21 November 14
U.S LAST WEEK'S COAL PRODUCTION STAYS FLAT W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Thursday, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com: The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...
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- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- CNBM International Corporation - China
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- PTC India Limited - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
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