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Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
 The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month now, while despite the general slowdown that earnings for all sizes have been witnessing during the past days, were iterate our opinion that the improvement witnessed in rates and consequently in sentiment among owners since the beginning of the summer season should act as a valuable support in August, a month during which the market is expected to slow down anyway.
According to Intermodal brokers, the period market at the same time continues to witness revived activity, with owners showing a preference towards shorter term contracts as their expectations for a steady performance of the market from September onwards have been steadily building up. Capesize rates lost considerable steam last week as owners competed heavily for the few fresh orders that came up, says Intermodal in its latest weekly report.
There have been some healthier numbers reported in the Atlantic but should the weakness in the Panamax market persists this week as well, we expect the negative spillovers to further affect Capesize earnings.
The Greece based broker further noted that, there was a noticeable slow down in Panamax orders from USG and North Atlantic last week, while East Coast South America rates manage to hold around last dones. In the Pacific, earnings were trending sideways throughout the week despite the considerable pressure charterers were exerting, while everyone is expecting the end of this week to better assess whether the momentum built up during the past weeks can turn things round.
Rates for the smaller sizes over-performed the market last week, with Supra earnings in the Atlantic regaining their balance and activity in the Pacific seeing an unexpected increase, while the recent revival of the Black Sea market kept supporting Handysize rates in the region, said Intermodal.
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Monday, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
COALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.
According to media ...
Monday, 08 August 16
THE BALTIC EXCHANGE, TRACKING RATES FOR SHIPS CARRYING DRY BULK COMMODITIES SLIDE SLIGHTLY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Panamax and Supramax segments ending in ...
Monday, 08 August 16
ARE EXPENSES INCURRED DURING NEGOTIATION OF A PIRATE RANSOM RECOVERABLE IN GENERAL AVERAGE? - CLYDE&CO
KNOWLEDGE TO ELEVATE
Facts
The laden chemical tanker LONGCHAMP was transiting the Gulf of Aden on passage to Vietnam. The ship was subject t ...
Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China impo ...
Friday, 05 August 16
WEEKLY U.S. COAL OUTPUT TOTALED AN ESTIMATED 16.1 MMST IN THE WEEK ENDED JULY 30 - EIA
COALspot.com – U.S., the world’s second largest coal producers has produced approximately totalled an estimated 16.1 million short tons ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
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