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Thursday, 27 August 15
RATES FOR CAPES REMAINED ON A FREE FALL LAST WEEK - INTERMODAL
 COALspot.com: Keeping everyone on their toes with the volatility seen in August, the Dry Bulk market undoubtedly remains a steady provider of challenges for investors.
According to Intermodal ship broker, the following a second week of big Capesize losses, the BDI slipped further down last week, moving below the 1,000 psychological level. On the positive side, the geared sizes seem to be holding overall well, while even in the case of the Panamax segment the lack of extreme volatility is providing a much needed sense of resistance to the Capesize correction.
Was the summer positive reversal too good to last?
The Greece based broker says, we always say that rallies need time to grow legs and while current market levels are still well above those very depressive year-lows, the Chinese story remains the main source of worry, as prices for dry bulk commodities together with demand seem set to suffer further going forward, with the Capesize seaborne trade being affected the most.
Rates for Capes remained on a free fall last week, with frail activity persisting across both basins and charterers comfortably setting the tone as owners were trying to find cover amidst a continuously weakening market. Both the period and the paper market also took a hit, while further discounts are expected in the following days.
Commenting on Panamax, the broker says that, the rates for Panamax business in both basins trended sideways last week, as market participants were inevitably keeping an eye on Capes, while owners overall managed to resist lowering their ideas.
The Handy/Handymax/Supramax market continued its upward trend. A decent number of short/medium period orders appeared last week and it could have been bigger if the decline of the Cape market was absent.
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Tuesday, 25 August 15
INDONESIA MINERS' NPLS TO RISE FURTHER, BANK RISKS BUILD - FITCH
The NPLs of Indonesian mine and mine services companies are likely to rise further in the short term, says Fitch Ratings, after reaching multi-year ...
Tuesday, 25 August 15
MINER'S EARNINGS DROP ON FALLING COAL PRICES; Q2'16 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 52.23 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Monday, 24 August 15
FOB NEWCASTLE COAL SWAPS HIT FRESH LOW, DIPPING BELOW $42 A TON
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month over month to US$ 41.70 per mt. The swap ...
Monday, 24 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 48.65 PMT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.89 (3.74%) per MT month over month.
A commodity ...
Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...
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- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Australian Coal Association
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
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