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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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Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
Wednesday, 24 February 16
HOW IS THE FUEL MIX FOR U.S. ELECTRICITY GENERATION CHANGING? - EIA
In recent years, there have been changes in the mix of fuels used to generate electricity in the United States. Natural gas and renewable energy so ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- The University of Queensland
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- VISA Power Limited - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
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