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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).
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Wednesday, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a ...
Wednesday, 08 November 17
WEEKLY SHIPPING MARKET INSIGHT
If you are a dry bulk owner today you are definitely feeling the pressure of the past couple of years off and given the admittedly unexpected growt ...
Wednesday, 08 November 17
NEW QUAY OPENED AT THE INDUSTRIAL PORT IN BREMEN,GERMAN
Press Release: After a building period lasting three-and-a-half years, the port logistics firm Weserport, the “bremenports” comp ...
Tuesday, 07 November 17
ING JOINS FORCES ON BLOCKCHAIN-BASED PLATFORM FOR ENERGY COMMODITIES SECTOR
Blockchain technology. It’s often been described as the most important invention in computing in a generation.
So it should come as no s ...
Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...
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Showing 1886 to 1890 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- PTC India Limited - India
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
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