We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 25 October 15
ANOTHER DISAPPOINTING WEEK FOR PANAMAX; INDEX FELL 5.4 PERCENT W-W
COALspot.com: The BDI was slightly up by 2.65 pct closing at 774 points mainly because of Cape index which was up by 10.85 pct closing at 1461 poin ...
Sunday, 25 October 15
DRY BULK SHIP OWNERS ARE LOOKING TO CHINA'S POLICIES FOR CUES ON FUTURE MARKET DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s hard or softer landing is a thing which has troubled dry bulk shipping for a couple of years now, as owners have been hit by the coun ...
Friday, 23 October 15
WILL INDIAN DOMESTIC COAL PRICES BE ABLE TO COMPETE IMPORTED COAL PRICES IF THE CURRENT TREND CONTINUES?
COALspot.com: The Most of the Indian end-users are waiting for last minute purchase to enjoy every drop in price. Coal procurement managers are als ...
Friday, 23 October 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING OCTOBER 17 DECLINED FOR THE SECOND STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...
Wednesday, 21 October 15
RUSSIA'S CARBO ONE COAL SALES TO HIT 50 MLN T/YR - JACQUELINE HOLMES
COALspot.com: Russia's Carbo One has become one of the world's leading physical coal traders with an annual volume approaching 50 million t ...
|
|
|
Showing 2751 to 2755 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
|
| |
| |
|
