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Thursday, 19 November 15
RATES FOR CAPES KEPT MOVING SOUTH - INTERMODAL
 COALspot.com: With the BDI currently standing at less than 30 points above the historical lows marked in February this year and with activity across all size segments unable to support rates, which have been tumbling week over week for almost two months now, it is very hard to find arguments supporting a positive correction during the winter season, said Intermodal in its weekly report released yesterday.
The Greece based broker furhter noted that, “ At the same time the fact that the majority of market talk has pretty much accepted that we are experiencing a déjà vu of last winter, has turned the collapse of rates into a self fulfilling prophecy that allows charterers to hold firmly the upper hand and is at the same time pushing more owners that are desperately looking for cover during the following months to accept below OPEX rates for short to medium period T/C contracts. Lay ups or increased demolition activity remain two possible ways in which balance can be restored in the market, with the former appearing slightly more appealing at the moment.
Unable to put forth an resistance amidst continuous thin business across both basins and despite the fact that the presence of majors in the spot market last week was evident, rates for Capes kept moving south, while following today’s Baltic closing, average earnings for the segment are now quoted below $6,000day.
Commenting on Panamax, the broker noted that, the fate of the Panamax segment was not much different either, with further pressure in the Atlantic market evident in the exceptionally low rates quoted for transatlantic business, while at the same time Pacific business was hardly paying $5,000day.
Rates for Handymax / Supramax tonnage were still outperforming the rest of the market positionally, managing to put forth some resistance, while the Handysize market failed to offer a positive surprise despite the increased number of business reported in the market, the broker Intermodal noted on smaller size segment ships.
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Wednesday, 25 November 15
INDIA'S POWER GENERATORS FACE LOW, FALLING UTILISATION RATE - FITCH
COAlspot.com: Fitch Ratings says in a new report that the utilisation rate of India's thermal power generation capacity continued to decline in ...
Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...
Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...
Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...
Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...
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- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
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