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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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Thursday, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
Fitch Ratings has raised the 2016 oil price assumptions it uses when rating energy-sector corporates, but expects record high inventories to slow a ...
Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
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- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
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