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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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Friday, 01 July 16
BREXIT SET TO HURT SHIPPING IN THE LONG-TERM AS IT WILL TAKE ITS TOLL IN THE GLOBAL ECONOMY'S GROWTH - HELLENIC SHIPPING
Setting aside the short-term negative impact of the Brexit, in terms of stock market and currency volatility, it’s more than evident that the ...
Friday, 01 July 16
U.S'S COAL EXPORTS HAVE DECLINED FOR TWELVE QUARTERS IN A ROW - EIA
COALspot.com – U.S, world’s one of the largest coal producers has produced approximately totalled an estimated 13.7 million short t ...
Thursday, 30 June 16
CAPE - THIS WEEK'S FREIGHT AND ACTIVITY LEVEL HAVE KEPT STABLE - FEARNLEYS
Cape
This week’s freight and activity level have kept stable. It is support at the present levels and despite a volatile market the freight ...
Thursday, 30 June 16
OIL PRODUCT TANKERS EARNINGS DECLINE AS STOCKBUILDING SLOWS DOWN - BIMCO
BIMCO’s expectations remain as the oil product tanker fleet continues to grow with earnings at the lowest since Q3 in 2014. But there is stil ...
Wednesday, 29 June 16
THE DRY BULK INDICES, OPPOSITE TO MOST GLOBAL MARKET INDICES, ROSE END OF LAST WEEK
Last week closed off with a massive shockwave for markets across the world following the British referendum, the result of which will mark the begi ...
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- Deloitte Consulting - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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