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Wednesday, 22 April 15
PANAMAX : ATLANTIC HOLDING ON TO THE GAINS OF THE PREVIOUS WEEK; PACIFIC BUSINESS SLID QUIETLY
IntermodalCOALspot.com: The Dry Bulk market managed to close off the week on a positive note last Friday, while as opposed to what we have been used to, it was the bigger size segments that offered support to the BDI this time round, said Intermodal in its weekly market update.

The Greece based broker further says that, saying that, the average rate for both Capes and Panamaxes, remains at exceptionally low levels, with the former still underperforming the rest of the market. The price of iron ore that is still under considerable pressure, remains the key for the performance of the big bulkers, hopes for which are somewhat placed on the commodity’s continuing plunging price and the extend of the pressure that it can exert on Chinese production, which remains costly at current levels.

The broker commenting on cape, noted that, the Pacific Capesize business finished the week holding onto its recent gains, while despite an uptick in activity, rates have yet to see a meaningful positive correction, and as we have mentioned in the past, nothing so far shows that the weeks leading to the summer period could be hiding an improvement of fundamentals for the segment.

According to intermodal, rates for Panamaxes also moved a bit higher last week, with Atlantic Panamax rates holding on to the gains of the previous week. On the other hand Pacific Panamax business slid quietly into the weekend with rates remaining under pressure and owners continuing to ballast away from the basin, while charterers were paying up only by necessity.

Business for the smaller size segments saw little fresh inquiry last week, with US Gulf/East business witnessing overall steady rates nonetheless. At the same time the Pacific market was exceptionally quiet, with NoPac rounds trending sideways, Intermodal concluded.


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Monday, 18 May 15
FOB NEWCASTLE COAL SWAPS SCORE MONTHLY GAINS
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.87 per MT (1.99%) month over month and lost US$ 0.03 week on w ...


Monday, 18 May 15
Q1' 16 API 8 CFR SOUTH CHINA COAL SWAP CLOSED HIGHER THAN Q3' 15 CLOSING PRICE
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.05 (2.10%) per MT month over month and US$ 0.53  (1.05%) pe ...


Sunday, 17 May 15
INDONESIA - INDIA FREIGHTS RATES EXPECTED TO FLAT TO SOFT NEXT WEEK
COALspot.com: The BDI was up by 10.45% and closed at 634 points week on week, while the Cape index saws big jump or up almost 55% for the same peri ...


Friday, 15 May 15
DRY BULK AND CONTAINER SHIPPING TO REMAIN WEAK, OUTLOOK FOR PORTS AND TANKERS POSITIVE - DREWRY MARITIME EQUITY RESEARCH
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Friday, 15 May 15
COAL PRODUCTION IN U.S DOWN 1.4 MILLION TONS FOR THE WEEK ENDING MAY 8
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.0 million short ...


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