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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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Friday, 27 March 15
INDONESIA: NEW REGULATION REQUIRES LETTER OF CREDIT FOR EXPORT OF PRODUCTS FROM NATURAL RESOURCES
The Minister of Trade issued Ministerial Regulation No. 04/M-DAG/PER/1/2015 (“Regulation No. 4/2015”) on 5 January 2015.  Regulati ...


Friday, 27 March 15
WEEKLY U.S COAL OUTPUT FALLS 1.7% W-W; 7.9% Y-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately totaled an estimated 18.2 million ...


Thursday, 26 March 15
CHINA IRON ORE IMPORT FOR THE FIRST 2 MONTHS DECLINED BY 1.2 % Y-O-Y; PANAMAX AUSSIE/CHINA ROUNDS BEING FIXED IN THE $4 -5K RANGE - FEARNLEYS
Handy There has been more activity in both hemispheres this week. Especially the USG market has picked up with more cargoes for prompter dates en ...


Thursday, 26 March 15
RATES FOR THE SMALLER SIZE SEGMENT CONTINUED TO IMPROVE LAST WEEK - INTERMODAL
To see green across the board is a rare occurrence in the Dry Bulk market nowadays and while the upside in which last week closed off is not of the ...


Thursday, 26 March 15
KYUSHU ELECTRIC POWER OF JAPAN HAS JOINED GLOBALCOAL ONLINE COAL TRADING PLATFORM
globalCOAL® announced today that Kyushu Electric Power, one of Japan’s largest utility companies, has joined its online coal trading plat ...


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