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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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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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- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
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