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Wednesday, 10 August 16
THE DRY BULK MARKET KEPT SOFTENING LAST WEEK; WE CAN SEE MUCH HEALTHIER NUMBERS STARTING SEPTEMBER
 The Dry Bulk market kept softening last week as we have now started going through the traditionally quieter days of the summer season peak period, says Intermodal in its latest weekly report. However, Intermodal broker further noted that, despite the expected slowdown, the fact that the BDI is not witnessing any wild volatility is slightly encouraging, while if the index holds above the 600 points psychological level throughout the end of the month, we should see much healthier numbers starting September, a usually stronger month in terms of earnings.
The broker noted, the impressive increase in Chinese iron ore imports during the month of July is also leaving some room for hope in regards to demand volumes going forward, as the January-July 2016 figure is reported to be 8.1% up compared to the same period last year. Saying that, one cannot help wonder where would Capesize rates be if this figure had been weaker and of course reaffirms the issue of oversupply that is still very much responsible for hammering earnings for the bigger bulkers.
The Greece based broker further says, it has been a while since the last time rates for Capes over performed the rest of the market. In fact earnings for the size were the only positive exception last week as a particularly busy W. Australia/China route kept things steady overall, while period numbers also suggested a steady Capesize market as well.
Despite the fact that Panamax activity in the USG and North Atlantic finally revived last week, the fact that trading was slow in both the black Sea and East Coast South America markets, drove average earnings for the size down, while similar pressure was noted in the East.
Softer USG and East Coast South America business failed to support Supra earnings last week, while the volume of Handysize orders offered some level of support in most routes despite the evident negative pressure here as well.
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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
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 no ...
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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- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
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