We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
 Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost a given, the continuous decline in the dry bulk rates has stopped any ambitions owners might have had for SnP transactions.
With the American President announcing new tariffs on iron ore imports and his aspirations to strengthen the US steel industry, concerns are rising in the market. On the other hand, cause for concern is caused by China weakening after a number of years when the oversupply of raw materials as well as global trade as a whole were largely dependant on the growth of Chinese growth rates. Therefore, the only possible solution for the recovery of the shipping market is scrapping. Fortunately, the current scrap value for dry bulk carriers is around $430/ldt for small tonnage vessels up to $470/ldt for big tonnage vessels. Increasing scraping activity is a visible solution that could give a future boost in the dry bulk market. To put things into perspective, the first signs with regards to scraping for the q1 2019 are positive, together with a small decline in dry NB orders, when comparing in both markets with the q1 2018.
The correction on values in the dry bulk market has created some expectations that we might witness the same levels in asset values as in 2016. However, the freight market is not at the same levels like 2016 and with the new regulations coming into force, this specific scenario does not look like it will be easily materialised, as the variables are vastly different. However it is worth analysing where the market currently stands in every segment.
In the Capesize sector it is indicative that vessels of any age do not to have any buying interest, and last week we had the first sale of a capesize in 2019.
In the Panamax/Kamsarmax sector we are seeing a lot of interest especially from Greek buyers, for vessels build from 2004 to 2008, as they possibly anticipate a healthier freight market in the near future or are look to resell when the freight rates increase. A representative example is the Kamsarmax ‘YARRAWONGA’ (82,624dwt-blt ‘08, Japan) were around 10 potential buyers inspected without being sure if the vessel is going to be sold definitely.
In the Supramax sector, we observe specific ship-owners showing interest into Japanese vessels, together with some Greek owners who consider selling their tonnage into more premium levels.
Lastly, over the past few weeks, the majority of sales were on the Handysize sector. It has been some time since we saw sales of Chinese vessels since the Carval deal where, even though it was an en-bloc deal, despite the minimal buying interest shown in the specific vessels, they were sold in line with the last done deal of December ‘BONNIE VENTURE’ (32,500dwt-blt ‘12, China).
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 03 April 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Wednesday, 01 April 20
TRADERS SCRAMBLE TO SELL CHEAP CRUDE CARGOES AS GLUT GROWS - REUTERS
Oil traders across the globe are offering cargoes far in advance as rapidly vanishing demand drives key physical crude prices to multi-decade lows, ...
Wednesday, 01 April 20
MARKET INSIGHT - INTERMODAL
There is an old, allegedly Chinese, saying suggesting that living in “interesting” times usually refers to times of trouble. The latest ...
Tuesday, 31 March 20
FREIGHT MARKET: DRY BULKERS - SPOT MARKET 23-29 MARCH 2020
Capesize
The rebound in freight rates resumed this past week, with rates man-aging to post further gains by week’s end. The BCI is in negat ...
Tuesday, 31 March 20
DRY BULK: Q1 HAS BEEN THE WORST QUARTER NOTED FOR MORE THAN 3 YEARS NOW - ALLIED RESEARCH
At this point, the Covid-19 pandemic seems to be monopolizing all market (as well as all other) discussions across the world and any market insight ...
|
|
|
Showing 1031 to 1035 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The University of Queensland
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
|
| |
| |
|
