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Friday, 13 November 15
DRY BULK, IT IS HARD TO MAINTAIN AN OPTIMISTIC VIEW FOR THE NEXT COUPLE OF MONTHS - INTERMODAL
 COALspot.com: The dry bulk owners looking for cover remained under pressure for size segments across the board. With Capes closing off the week as the biggest losers yet again and enquiry for the geared sizes still unable to catch up with the volumes of ballasters in key trading regions, sentiment took another hard hit last week, said Intermodal ship broker in its this Wednesday report.
According to Intermodal, the Greece based broker, it is hard to maintain an optimistic view for the next couple of months, as trade fundamentals in both basins are outlining further challenges ahead. On one hand grain cargoes in the Atlantic have failed to support the market so far, while in the pacific, coal trading is still weak overall, with India’s growing imports offsetting part of the Chinese void but doing so to an extent Insufficient to bring balance to the market there.
The broker further noted that, stranded by limited fresh business, rates for Capes succumbed to further pressure last week, with period numbers correcting further downwards as well, while the average rate for the segment moved below $8,000/day after almost five months, washing over the market with renewed fears of new historical lows this coming winter.
“ Any positive spillovers deriving by the boost in activity the Atlantic Panamax market saw during the week prior, were completely wiped off last week as the number of ballasters arriving in the ECSA grew disproportionally compared to enquiry in the region, while things in the Pacific it was a charterer’s market for yet another week” Intermodal said in its report on 11 Nov.
The Handymax/Supramax market was still getting decent numbers ex-USG and ECSA last week, albeit reported business was steadily below last dones. Handy size rates kept looking for a floor, with the BHI closing off on Friday (6 Nov) 63 points above 201 lows.
Demolition Market
While commenting on demolition market, Intermodal says that, bring on the Capes Given that news from the freight market continue to exert great pressure on Dry Bulk owners it definitely comes as no surprise that two additional Capes were reported to have found their way to recycling yards last week.
The bad freight market for bulkers coupled with low demo prices, are definitely a bad combo for the creation of a strong demolition trend as the one we witnessed in the beginning of the year. Bulker owners of vintage tonnage, partly hoping for a market rebound and partly being deterred by low demo bids, are currently trying to weigh their options, a decision that might become a bit easier if the freight market continues to disappoints, which is definitely a scenario more possible than that of demo prices significantly recovering in the following months.
In terms of activity last week, Intermodal noted that, the breakers in Bangladesh and Pakistan continue to attract most of the demo candidates at the moment, while with prices in India moving further south last week, we don’t expect them to feel any pressure to increase their bids much more. Prices this week for wet tonnage were at around 145-330 $/ldt and dry units received about 125-310 $/ldt.
The highest price amongst recently reported deals, was that paid by Bangladeshi breakers for the Container vessel “MSC CHALLENGER” (37,915dwt-14,966ldt-blt 86), which received $336/ldt, says Intermodal.
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Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month.
The Q4 swap was d ...
Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement which nonetheless failed to lift sentiment, not only because ...
Tuesday, 27 October 15
Q1'16 API 5 FOB NEWCASTLE COAL SWAP DECLINE 6 PER CENT M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $2 per ton (4.66%) month over month to US$ 40.93 per ton. The swa ...
Monday, 26 October 15
PORT OF NEWCASTLE SHIPPED 10.5 PER CENT LESS COAL IN SEPTEMBER, COMPARED TO AUGUST LOADING
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.161 billi ...
Monday, 26 October 15
CFR SOUTH CHINA COAL SWAPS CLOSE DOWN 4.3% AS DEMAND CONCERNS WEIGH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US$ 1.48 (3.02 %) per ton month over month.
A commodity sw ...
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Showing 2746 to 2750 news of total 6871 |
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- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- The University of Queensland
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Videocon Industries ltd - India
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
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