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Thursday, 03 March 16
BDI FURTHER STRENGTHENING; THE INCREASE IN RATES WAS NOT SUBSTANTIAL
 COALspot.com: The BDI closed off on a positive note for a second week in a row, further strengthening the belief that the market might be bottoming somewhere around current levels. Once again, the increase in rates was not substantial but it seems that -with the exception of Capes - the market is on its way to regain some of its lost balance back, Intermodal says.
The Baltic Dry Index has strengthened by another 3 point day on day and as of 2 March the index was at 335 points. However, the market reports indicated that, the spot time charter average for Capes were still at around US$ 2,291 a day, while Panamaxes were at around US$ 2,920 a day. Cape spot time charter average declined around 53.98% year on year, while Panamaxes fell 36.72% from the same period last year.
According to Intermodal, Owners of smaller sizes, despite the fact that they still have to operate in an extremely challenging environment appear to have shaken off the extreme pressure that had mounted during the past weeks and should the market keep steadying in the following days, we expect t finally see the fist positive effects on sentiment. For the bigger sizes of course, the silver linings remain scarce.
The Intermodal ship broker further noted that, an Improving psychology will most certainly not be enough in this instance, as not adequate demand to balance the supply of tonnage remains well in place. Extended scrapping is needed to last longer, while further laying up activity might also need to intensify for a positive reversal to take place faster.
It is hard to write about the Capesize segment without sounding too pessimistic, but the continuously disappointing performance of the market is not leaving much space for optimism, while the improvement of the rest of the market remains the once thing Cape owners could benefit from at the moment, the broker commended in its latest weekly report.
An overall steady Panamax market might not have given owners much to celebrate for but at least it reaffirmed that the market is steadying, The ECSA remained the place where most action was talking place, dictating earnings across both basins.
Commenting on the geared sizes, the broker indicated that, the geared sizes did well last week, considering this market that is, with Supras benefiting from busy Atlantics as well as Pacific coal cargoes that were coming in plenty.
Handy size rates also enjoyed small upticks across most routes providing a much needed breath to owners, Intermodal conclude.
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Friday, 18 March 16
OUTLOOK ON GLOBAL SHIPPING SECTOR TURNS NEGATIVE AS SUPPLY-DEMAND GAP WIDENS AND EBITDA DECLINES - MOODY'S
Moody’s Investors Service (Moody’s) has changed its outlook on the global shipping sector to negative as it expects supply growth to ou ...
Friday, 18 March 16
DRY BULK MARKET HAS LITTLE TO LOOK FORWARD TO FROM CHINA AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s rebound is long overdue, but when it comes, it won’t be because of China’s strong demand for commodities, o ...
Friday, 18 March 16
COAL PRODUCTION IN THE UNITED STATES SLIGHTLY DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.5 million shor ...
Thursday, 17 March 16
THE PANAMAX MARKET SEEMS TO BE A BIT TOPPISH THIS WEEK - FEARNLEYS
Cape
There are challenging days with rates or less unchanged from last week; West Australia to China still below US$ 3 pmt, and Tuarao to China i ...
Wednesday, 16 March 16
OIL SUPPLY OUTPACES DEMAND ON ANY GIVEN DAY, AND BILLIONS OF BARRELS OF OIL ARE BEING STORED RATHER THAN CONSUMED - CHRISTOPHER
Oil producers have turned to the concept of limiting their output to January levels as a certain form of action to boost prices that have fallen mo ...
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Showing 2516 to 2520 news of total 6871 |
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- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
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