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Thursday, 05 February 15
BDI HAS NOW FALLEN A LEVEL CLOSE TO THE INDEX'S HISTORIC LOW - INTERMODAL
They say a picture is worth a thousand words and in this instance just one look at the tables above is enough to understand the great pressure the Dry Bulk market remains under, Intermodal commented their weekly market review.
The BDI has now fallen to below 600 points, a level close to the index's historic low and one that leaves very little hope that the market could witness a significant rebound before the end of the first quarter. Intermodal further noted that, in regards to the following weeks we expect further down-ward pressure as owners ballasting in the East will most probably accept further discounts in order to “avoid” fixing in an even quieter market during the Chinese New Year holidays season.
The Greece based broker Intermodal noted that, rates for Capes succumbed to the pressure that started building up at the end of the week prior and quickly gave up a significant portion of the recently upside gained. Enquiry in both the Atlantic and Pacific remains very quiet while market talk that there are signs of the majors slowly returning back into action have not been confirmed so far.
Both rates and activity continue to soften in the Panamax segment as well. NoPac rounds were still very short in supply at the end of last week, while more frequent cargoes to India were providing some support to rates in the region. The Atlantic Panamax has at the same time seen numbers well be-low $ 4,000/day with further discounts being noted in the period market as well.
Atlantic Handy/Handy max/Supra business is still facing very low rates with light activity persisting for yet another week, while the market in the Far East is currently paying slightly better numbers, although we don’t expect the resistance there to hold much further, Intermodal concluded.
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Sunday, 18 January 15
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO REMAIN WEAK NEXT WEEK
COALspot.com: The BDI was up 4.51 pct week on week on Friday 16, January 2015. The BDI closed at 741 points on this Friday after gaining arou ...
Friday, 16 January 15
U.S. WEEKLY COAL PRODUCTION UP 7.3% 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, 15 January 15
PANAMAX : MARKET CONTINUE ON LOW PACE - FEARNLEYS
Handy
On a general basis we can say that rates are softening in both hemispheres. Although for some specific trades we can see premiums being ach ...
Thursday, 15 January 15
LOW CASH COSTS, GOOD LIQUIDITY HELP ASIAN OIL COMPANIES IN PRICE ROUT - FITCH
Fitch Ratings says that rated oil and gas production companies in Asia can comfortably operate under low oil prices for some time given their gener ...
Wednesday, 14 January 15
DRY BULK MARKET NOTED ANOTHER WEEKLY DECLINE - INTERMODAL
COALspot.com: The Dry bulk market noted another weekly decline on Friday, with the performance of the Capesize market still weighing down on the re ...
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- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
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